Furno secured $6.5 million in seed funding to revolutionize cement production towards a carbon-neutral future.

Mar 13, 2024•over 1 year ago

Amount Raised

$6.5 Million

Round Type

seed

Mountain ViewData And Analytics

Investors

Breakthrough EnergyNeotribeCantosO'shaughnessy VenturesEnergy Capital Ventures (Ecv)

Description

Furno, a startup dedicated to decarbonizing the cement production industry, announced the close of an oversubscribed $6.5M seed funding round. The funding will enable the company to revolutionize cement production with its modular and carbon-neutral plant, addressing the immediate need for change and innovation in the cement sector.

Company Information

Company

Furno Materials

Location

855 EL CAMINO REAL

Mountain View, California, United States

About

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.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns