Terra CO2 Technology Raises $46M in Series A Funding
Summary
Terra CO2 Technology, a Golden, CO-based provider of a scalable low carbon alternative for cement production, raised $46M in Series A funding. BEV, with participation from Lennar, Creative Ventures, and Rio Tinto. 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. Led by CEO Bill Yearsley, Terra CO2 is a scalable low carbon alternative for cement production. Third-party laboratories, including WesTest, a subsidiary of Atlas, and Braun Intertec, have tested and validated Terra’s materials.