Terra CO2 Technology completed $124.5 million Series B Round funding
Sector:
Climatetech
Terra CO2 Technology
completed $124.5 million Series B Round funding. Investors include
Just Climate (lead), GenZero (lead), Breakthrough Energy Ventures (lead), Barclays.
“Terra’s mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra’s cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment,” says Terra CEO Bill Yearsley.
About
Terra CO2 is the scalable low carbon alternative for cement production. Responsible for 8% of the world's CO2 emissions, cement is used in producing concrete, the world's second-most used material after water. Their unique technology allows Terra to create cementitious materials from a wide variety of feedstocks or waste products, dramatically reducing the greenhouse emissions caused by cement production. Terra's proprietary Opus suite of cementitious materials is a proven supplement and alternative to Portland cement. Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products.
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