Furno Materials Inc.

About Furno Materials Inc.

Furno Materials is focused on transforming the cement industry by developing the world's first nimble, modular, and energy-efficient cement plant. Their mission is to empower growth through value-driven innovation, making cement production agile, scalable, and local, while addressing supply chain disruptions and high costs. They aim to onshore the second most used commodity in the world efficiently and economically.

Products & Services

Modular Cement Plant Technology:A compact, modular, and energy-efficient cement production system designed for quick deployment in high-growth and remote markets. It offers low capital expenditure (CAPEX) and cost-competitive operational expenditure (OPEX), with increased productivity and regulatory compliance to ASTM standards.

Zero-Emission Cement Production:A process that includes a path to zero emissions by enabling the sale, utilization, or storage of CO2 without additional capture and purification costs, while eliminating particulate emissions for cleaner production.

Specialties

Modular Cement Production Energy-Efficient Technology Zero-Emission Processes Oxyfuel Combustion Decarbonization of Cement Industry

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 20000000 MR: - FA: $20 million FAN: 20000000	D: 2024-10-25 FD: 2024-10-25	1 investors
2	RT: Seed T: - FT: Seed	A: 6500000 MR: - FA: $6.5 Million FAN: 6500000	D: 2024-03-13 FD: 2024-03-13	5 investors

Grant Latest

2024-10-25

$20.0M

1 investor (Pro only)

Seed 2024-03-13

$6.5M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

G

Gurinder Nagra

Founder & CEO

LinkedIn (Pro only)

P

Prasanth Alapati

Lead Scientist

LinkedIn (Pro only)

J

Jai M Mehta

R&D Scientist, Combustion

LinkedIn (Pro only)

B

Beck Goodloe

Lead Engineer

K

Kiersten Jakobsen

Operations, Communications, Marketing

B

Bao Vang

Lab Chemistry Technician

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