# Forterra funding: rounds and investors

> Forterra has raised $426M across 2 rounds since 2025. Investors include Franklin Templeton, 645 Ventures and XYZ Venture Capital. Every round with its source.

Source: https://millionrounds.com/company/forterra (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Forterra*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Defence Tech Logistics Robotics

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$426M** raised across 2 rounds since 2025, from 2 sources

**$238M** Series C **$188M** Series C

- **Latest round:** Series C, $188M Nov 2025
- **Biggest round:** $238M Series C · May 2025
- **Investors:** 13 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$238M** Series C

**$188M** Series C

- **First round:** Series C, $238M
- **Biggest round:** $238M
- **Between rounds:** 6 months

## The rounds

- **Nov 2025** Series C **$188M** *1 new* *3 returning* [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [645 Ventures](https://millionrounds.com/fund/645-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) Source recorded
- **May 2025** Series C **$238M** *12 new* [Moore Strategic Ventures](https://millionrounds.com/fund/moore-strategic-ventures) Lead [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [645 Ventures](https://millionrounds.com/fund/645-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) [Hedosophia](https://millionrounds.com/fund/hedosophia) [NightDragon](https://millionrounds.com/fund/nightdragon) [Balyasny Asset Management L.p.](https://millionrounds.com/fund/balyasny-asset-management-2) [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) [Crescent Cove](https://millionrounds.com/fund/crescent-cove) [Enlightenment Capital](https://millionrounds.com/fund/enlightenment-capital) Reported by Crescent Cove

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series C** 2025 **Series C** 2025 [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [645 Ventures](https://millionrounds.com/fund/645-ventures) [XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) [Moore Strategic Ventures](https://millionrounds.com/fund/moore-strategic-ventures) L [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) [Hedosophia](https://millionrounds.com/fund/hedosophia) [NightDragon](https://millionrounds.com/fund/nightdragon) [Balyasny Asset Management L.p.](https://millionrounds.com/fund/balyasny-asset-management-2)

## Everyone who backed them

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **2** rounds

[645 Ventures](https://millionrounds.com/fund/645-ventures) VC firm **2** rounds

[XYZ Venture Capital](https://millionrounds.com/fund/xyz-venture-capital) VC firm **2** rounds

[Moore Strategic Ventures](https://millionrounds.com/fund/moore-strategic-ventures) VC firm **1** round, led 1

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) Corporate VC **1** round

[9Yards Capital](https://millionrounds.com/fund/9yards-capital) VC firm **1** round

[Hedosophia](https://millionrounds.com/fund/hedosophia) VC firm **1** round

[NightDragon](https://millionrounds.com/fund/nightdragon) VC firm **1** round

[Balyasny Asset Management L.p.](https://millionrounds.com/fund/balyasny-asset-management-2) Private equity **1** round

[Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) VC firm **1** round

[Crescent Cove](https://millionrounds.com/fund/crescent-cove) VC firm **1** round

[Enlightenment Capital](https://millionrounds.com/fund/enlightenment-capital) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=forterra).

## Also claim to have backed them

These 6 firms list Forterra as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site

[Glynn Capital Management](https://millionrounds.com/fund/glynn-capital) VC firm Per its own site

[Vanedge Capital](https://millionrounds.com/fund/vanedge-capital) VC firm Per its own site

[BAM Elevate](https://millionrounds.com/fund/bam-elevate) Private equity Per its own site

[Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures) VC firm Per its own site

[Resnova Capital](https://millionrounds.com/fund/resnova-capital) Family office Per its own site

## Quick answers about Forterra

### Who invested in Forterra?

Forterra's investors include Franklin Templeton, 645 Ventures, XYZ Venture Capital, Moore Strategic Ventures and Salesforce Ventures, and 8 more on record.

### How much has Forterra raised?

Forterra has raised $426M across 2 rounds since 2025.

### When did Forterra last raise?

Forterra's most recent round was a Series C of $188M in Nov 2025.

### What was Forterra's biggest round?

Forterra's largest round on record is $238M (Series C), in May 2025, led by Moore Strategic Ventures.

### Who backed Forterra first?

Forterra's first round on record, in May 2025, was backed by Moore Strategic Ventures, Salesforce Ventures and Franklin Templeton and 9 others.

### What stage is Forterra at?

Forterra's latest named round is a Series C, in Nov 2025.

### Where is Forterra based?

Forterra is based in the United States.

### Who led Forterra's rounds?

Moore Strategic Ventures led the Series C in 2025.

## Companies like Forterra

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)

## Find investors like these

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