Furno Materials secures a $20M DOE grant for Project OZ, aimed at developing a low-carbon modular cement production plant in Chicago.
Furno Materials secures a $20M DOE grant for Project OZ, aimed at developing a low-carbon modular cement production plant in Chicago.
10/25/24, 8:07 PM
Location
mountain viewMoney raised
$20 million
Industry
data and analytics
Furno Materials has been awarded a $20 million grant from the U.S. Department of Energy for Project OZ, which will create a groundbreaking modular cement plant. This project will help strengthen domestic supply chains and reduce emissions in the cement industry.
Company Info
Location
855 el camino real
mountain view, california, united states
Additional Info
Furno Materials is pioneering a new era with standardized, decentralized, and decarbonized cement production. Furno’s vision is to jumpstart growth in domestic cement manufacturing, while enabling customers to deploy carbon neutral concrete anywhere. Headquartered in Mountain View, California, Furno is partnering with leading independent concrete producers to revolutionize the way cement is made.