forteraglobal.comIndustrial / ConstructionFounded: 2019Funding to Date: $215.17MM
Fortera is a materials technology company that works to develop cement with a mission of achieving zero CO2 emissions, without compromising on performance or quality. This company’s solution was designed with the intention to reduce the carbon footprint of cement and concrete by upcycling carbon emissions directly from the kiln. Fortera was founded by Michael Weiss and Ryan Gilliam in 2019 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/20/2024 | Series C-2 | $30.84MM | $xx.xx | $350.48MM | NOVA by Saint-Gobain, Temasek, Khosla Ventures, Wollemi Capital, Presidio Ventures, Alumni Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,140,395
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NOVA by Saint-Gobain, Temasek, Khosla Ventures, Wollemi Capital, Presidio Ventures, Alumni Ventures
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08/20/2024 | Series C-1 | $40MM | $xx.xx | $350.48MM | NOVA by Saint-Gobain, Temasek, Khosla Ventures, Wollemi Capital, Presidio Ventures, Alumni Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,109,191
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
NOVA by Saint-Gobain, Temasek, Khosla Ventures, Wollemi Capital, Presidio Ventures, Alumni Ventures
|
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06/29/2021 | Series B-3 | $1.04MM | $xx.xx | $166.58MM | Temasek, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
73,601
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Temasek, Khosla Ventures
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06/29/2021 | Series B-2 | $1.07MM | $xx.xx | $166.58MM | Temasek, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
105,898
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Temasek, Khosla Ventures
|
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06/29/2021 | Series B-1 | $31.42MM | $xx.xx | $166.58MM | Temasek, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,552,258
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Temasek, Khosla Ventures
|
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06/15/2019 | Series A | $3.21MM | $xx.xx | $9.16MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,206,131
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|