• $82M Series B funding to accelerate commercial deployment of Terra’s OPUS technology across North America and Europe.
• Strategic industry backing from Just Climate, Eagle Materials, and GenZero, reaffirming commercial viability.
• Immediate decarbonization potential, reducing CO2 emissions in the cement industry while utilizing existing infrastructure.

Terra CO2, a U.S.-based low-carbon building materials company, has secured $82M in Series B equity commitments to expand its sustainable cement technology. The round was co-led by Just Climate, Eagle Materials, and GenZero, with additional participation from Breakthrough Energy Ventures (BEV) and other industrial partners.

Why it matters:

The cement industry accounts for approximately 8% of global CO2 emissions. Terra’s OPUS technology offers an immediate, scalable solution by using abundant raw materials that integrate seamlessly into existing industry infrastructure.

“This strategic funding from the world’s leading climate funds and industry partners validates our approach to practical cement decarbonization at commercial scale,” said Bill Yearsley, CEO of Terra. “As we break ground on our first full-scale plant in Texas, their support enables us to accelerate deployment across North America and establish an early footprint in Europe.”

Expanding Commercial Scale

• Terra’s first commercial facility will be built in Dallas-Fort Worth, in partnership with Asher Materials.
• Eagle Materials has secured option agreements for multiple 240,000-ton plants across North America.
• The U.S. Department of Energy (DOE) awarded Terra a $52.6M grant to support a second commercial plant.

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“We are proud to co-lead this investment in Terra,“ said Michael Haack, CEO of Eagle Materials. “As the supply of fly ash declines, increased SCM development will be crucial in meeting cement demand.”

Market Validation & Industry Support

• Terra’s OPUS technology has undergone extensive piloting and successful demonstrations, including a Porsche dealership in Houston.
• Awarded “Decarbonization Solution of the Year” at the 2024 CleanTech Breakthrough Awards.
• OPUS ZERO™, a 100% cement replacement technology, has entered full-scale concrete trials.

“Terra is the type of transformational solution that Just Climate seeks to scale,” said Benoit Grobon, Managing Director at Just Climate. “Their ability to deliver a cost-competitive, practical solution to one of the world’s highest-emitting industries makes them a leader in industrial decarbonization.”

With this funding, Terra plans to accelerate commercial production, expand strategic partnerships, and meet the rising demand for sustainable construction materials. The company anticipates a second round of investors joining the Series B raise by Q1 2025 due to strong market interest.

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