Terra CO2, a Colorado-based company focused on sustainable building materials, has raised $124.5 million in Series B funding to scale its operations across North America and Europe.
The 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 joined the round. Additionally, a credit facility was provided by Silicon Valley Bank (a division of First Citizens Bank) and Stifel Bank, offering Terra additional financial flexibility.
Focus on Facility Development and Scaling
The new capital will be used to support the development of Terra’s first large-scale commercial facility, a 240,000-ton-per-year plant planned in the Dallas–Fort Worth area. The funds will also go toward expanding Terra’s workforce, growing its office and industrial presence, and advancing its pipeline of commercial projects.
Technology for Sustainable Construction
Under the leadership of CEO Bill Yearsley, Terra CO2 aims to reduce the carbon footprint of cement production. The company’s proprietary technology creates low-carbon alternatives to traditional cement using widely available raw materials from existing and permitted mining sites.
Its flagship product, OPUS SCM (Supplementary Cementitious Material), is ready for market deployment. It can replace up to 50% of Ordinary Portland Cement (OPC), targeting both emissions and resource challenges. Terra is also testing OPUS ZERO™, which has the potential to fully replace OPC. Both solutions are designed as “drop-in” technologies that integrate with current cement infrastructure.
As the construction industry faces increasing pressure to meet climate goals, Terra’s solutions offer a path toward reducing emissions without overhauling existing systems. The company is expected to make further progress in scaling its technology in the coming year.
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By Proptechbuzz
By Ravi Kumar