Terra CO2 Secures More Series B Funding for Sustainable Growth

Summary:

1. Terra CO2, a low-carbon building materials company based in Golden, CO, secured $124.5M in new equity capital.
2. The funding, led by Breakthrough Energy Ventures, will support the expansion of commercial facilities in North America and Europe for its sustainable construction materials.
3. Terra’s innovative technology allows for the creation of low-carbon cement products, addressing the industry’s carbon emissions and feedstock challenges.

   Terra CO2, a company focused on producing low-carbon building materials, recently announced a significant milestone by raising $124.5M in new equity capital. The Series B funding round was led by Breakthrough Energy Ventures, with participation from Eagle Materials, GenZero, Just Climate, and Barclays Climate Ventures. Strategic investors such as Prologis, Cemex, and Siemens Financial Services also contributed to the round. This financial boost will enable Terra to accelerate the development of commercial facilities in North America and Europe for its sustainable construction materials.

   With the infusion of capital, Terra plans to advance the construction of its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The company aims to expand its operations, grow its team, and further develop its innovative cementitious products. Led by CEO Bill Yearsley, Terra specializes in creating low-carbon cement solutions using readily available raw materials from approved mines.

   Terra’s flagship product, OPUS SCM (Supplementary Cementitious Material), is already prepared for commercial deployment and can replace up to 50% of Original Portland Cement (OPC). This innovative product addresses the construction industry’s carbon emissions and resource scarcity challenges. Additionally, Terra is working on OPUS ZERO™, a potential 100% replacement for OPC, currently undergoing concrete trials. Both products utilize Terra’s "drop-in" reactor solution, seamlessly integrating with existing infrastructure to pave the way for a transition to zero-cement solutions.