Tech Company Financing Transactions
Terra CO2 Technology Funding Round
Terra CO2 Technology closed a $46 million Series A financing round on 7/12/2022. Investors included Breakthrough Energy Ventures, Creative Ventures and Lennar.
Transaction Overview
Company Name
Announced On
7/12/2022
Transaction Type
Venture Equity
Amount
$46,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate research and development in low-carbon material science, scale the organization, and continue commercializing plant technology that will support the manufacturing of its future products, including OPUS SCM (Supplementary Cementitious Material), and OPUS BCM (Blended Cementitious Materials), its first commercial products.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
600 12th Street 130
Golden, CO 80401
USA
Golden, CO 80401
USA
Phone
Website
Email Address
Overview
Terra's core technology is a production process that allows us to convert cheap, abundant, and local feedstocks to cementitious material. We call our basic product "OPUS" as a nod to the chemical similarities of our material and Roman cements, some of which have lasted in concretes for two thousand years. Terra's OPUS cementitious material is an engineered product with similarities to both natural pozzolan and fly ash. Unlike existing supplementary cementitious materials, OPUS products can be manufactured locally in large quantity, minimizing transportation costs, and allowing reliable supply with strict quality control.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Yearsley
Co-Founder
Donald Lake
Vice President
Isaac Smeltzer
Browse more venture capital transactions:
Prev: 7/12/2022: Pattern Brands venture capital transaction
Next: 7/12/2022: Safe venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs