Terra CO2 cements $124M Series B to slash concrete’s carbon footprint

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Here’s the information extracted from the provided text about Terra CO2:

Startup Information

  • Startup Name: Terra CO2
  • Founders: Not explicitly mentioned in the text.
  • Location: Golden, Colorado
  • Product: Low-carbon cement replacement (Supplementary Cementitious Material, SCM)

Fundraising Details

  • Funding Round: Series B
  • Amount Raised: $124.5 million
  • Date of Fundraising: Not explicitly mentioned in the text.

Investors

  • Co-leads:

    • Bill Gates’ Breakthrough Energy Ventures
    • Eagle Materials
    • GenZero (backed by Temasek)
    • Just Climate (founded by Al Gore)
  • Participants:
    • Barclays Climate Ventures
    • Cemex
    • Prologis
    • Siemens Financial Services

Additional Information

  • Funding Purpose: To build a facility near Dallas capable of producing 240,000 tons of SCM annually.
  • Environmental Impact: Terra CO2’s SCM can replace up to 40% of Portland cement in concrete and generates 70% less carbon dioxide compared to Portland cement.

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2025-07-02 17:49:51