Terra CO2, a U.S.-based innovator in low-carbon building materials, has successfully raised $82 million in Series B funding to scale its sustainable cement technology. Co-led by strategic partners Just Climate, Eagle Materials, and GenZero, along with support from Breakthrough Energy Ventures (BEV) and additional industry stakeholders, this investment will propel Terra’s OPUS technology into commercial deployment across North America and Europe.
The cement industry, responsible for nearly 8% of global CO2 emissions, stands at the crossroads of decarbonization. Terra’s OPUS technology presents a practical, scalable solution that reduces emissions while utilizing existing industry infrastructure. As the world’s demand for sustainable construction materials grows, Terra’s approach is poised to transform the sector by lowering its carbon footprint without requiring costly new infrastructure.
CEO Bill Yearsley emphasized that this funding, backed by leading climate-focused funds and industry giants, solidifies the viability of their decarbonization efforts. “As we break ground on our first full-scale plant in Texas, this support accelerates our commercial deployment in North America and allows us to expand into Europe,” said Yearsley.
A Strategic Move for the Industry
Terra’s first commercial facility is set to be built in Dallas-Fort Worth in collaboration with Asher Materials, marking a key milestone for the company. In addition to this, Eagle Materials has secured options for multiple 240,000-ton plants across North America, positioning Terra for rapid expansion. The U.S. Department of Energy has also awarded the company a $52.6 million grant to support the development of a second commercial plant.
Michael Haack, CEO of Eagle Materials, underscored the critical role of sustainable cement alternatives, especially as the supply of fly ash—one of the key ingredients in traditional cement—declines. Terra’s OPUS technology is poised to meet this challenge and support the growing demand for cement.
Validation and Recognition
Terra’s OPUS technology has undergone rigorous testing and piloting, with successful demonstrations including projects such as a Porsche dealership in Houston. Recognized for its innovation, Terra was named “Decarbonization Solution of the Year” at the 2024 CleanTech Breakthrough Awards. OPUS ZERO™, a 100% cement replacement technology, is also undergoing full-scale concrete trials.
Benoit Grobon, Managing Director at Just Climate, praised Terra as a leader in industrial decarbonization. “Their ability to deliver a cost-competitive, practical solution to one of the world’s highest-emitting industries makes them a transformative player,” he said.
With this Series B funding, Terra CO2 is well-positioned to expand its production capabilities and meet the rising demand for sustainable cement solutions. The company expects to secure additional investors in the next round of funding by Q1 2025, reflecting growing market interest in low-carbon construction technologies.
For more information, visit Terra CO2’s website and follow their progress as they lead the way in transforming the cement industry for a greener future.
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