Fortera
Highly Engaged Employees
Highly Engaged EmployeesBuilding Materials · California, United States · 11-50 Employees
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Overview
Headquarters
100 Great Oaks Blvd Ste 120, San Jose, C...Phone Number
(669) 267-6400Website
www.forteraglobal.comRevenue
$14.2 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
2
3
1
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About Fortera
Fortera is a company headquartered in Los Gatos, California. The company focuses on capturing CO2 from stationary emitters- including power plants and cement plants- and permanently converting it to mineral forms. The ultimate goal is to develop valuable products, such as cementitious materials, out of the captured carbon dioxide.Explore more
Fortera Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Fortera is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Fortera is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Fortera.
Fortera financials insights
Gather financial insights about Fortera, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2010
Unspecified
$15M
Unspecified
$19.9M
2011
Unspecified
$10.6M
2020
Debt
$350K
2024
Series C
$85M
Fortera Tech Stack
A closer look at the technologies used by Fortera
Most Recent Scoops
Project
, according to a mid-level source in accounting, is in the midst of initiatives related to benefits. The organization is currently evaluating Workday. REMEDI8 will be increasing funding to support these efforts.
Spending/Investment, Accounting, Financial Planning, Compensation & Benefits, Financial Reporting, Finance
Project
, according to a front-line source in product development, has completed initiatives related to web development within the last twelve months.
Collaboration/Web Apps, Application Development, Product Development, Website, Product Management
Project
, according to an internal source in financial planning, is planning to release a request for proposal (RFP) for initiatives related to treasury and risk management software within the next three to six months. The BC3 Companies will be decreasing funding to support these efforts. The organization is focused on market analysis in this area.
Spending/Investment, Request for Proposal (RFP), Automation, Accounting, Financial Planning, Financial Systems, Software, Finance, Financial Strategy, Risk
Project
, according to a front-line source in product development, began leveraging Google Vertex AI within the last three to six months. Fortera is leveraging this solution for system monitoring and alerting, security (network threat, fraud detection, etc.), code generation (SaaS), bug detection and testing (SaaS), helpdesk ticket classification, and cloud / app cost management.
Cloud, Network, Infrastructure, Product Development, Help Desk, Product Management, Digital Technology, Messaging, Security, Unified Communications, Workforce Management, Technical Support, Artificial Intelligence, Communications
Project
Spending/Investment, Accounting, Financial Planning, Compensation & Benefits, Financial Reporting, Finance
Fortera News & Media
Fortera Partners With Sumitomo to Bring Its Low-Carbon Cement Products to Asian Markets
Fortera's ReCarb technology can significantly reduce the carbon emissions of a cement plant through a proprietary process that fixes the carbon into cementitious materials during production.Fortera and Sumitomo Corporation Join Forces to Bring Low-Carbon Cement Technology to Asia
SAN JOSE, Calif.--(BUSINESS WIRE)--With the Asian market accounting for 73% of global cement output, green cement manufacturer Fortera is partnering with multinational Sumitomo Corporation to position the market for widespread adoption of Fortera’s carbon-reducing ReCarb® technology. The two companies have agreed to a memorandum of understanding (MOU) to focus on deploying Fortera’s bolt-on low-to-zero-carbon cement plants with some of Asia’s largest cement manufacturers. The Japanese market wiFortera's Concrete-Making CO2 Emissions Solution Saves Money Too - Forbes
Many methods of reducing industrial CO2 emissions are too expensive to be viable. Fortera's system that tackles CO2 from concrete making is actually a money-maker.Fortera: Materials Technology Company Secures $85 Million (Series C)
Advanced materials company Fortera announced it secured $85 million in Series C funding to scale the deployment of its low-carbon cement technology that integrates with existing infrastructure. This funding round included participation from previous investors Khosla Ventures and Temasek, and first-time investments from Wollemi Capital, NOVA by Saint-Gobain, Presidio Ventures, and Alumni Ventures.
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Frequently Asked Questions Regarding Fortera
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Fortera is a company headquartered in Los Gatos, California. The company focuses on capturing CO2 from stationary emitters- including power plants and cement plants- and permanently converting it to mineral forms. The ultimate goal is to develop valuable products, such as cementitious materials, out of the captured carbon dioxide.... Read More
