What is Forterra?
Forterra stands at the forefront of the autonomous systems sector, specializing in ground-based movement technology that serves both the U.S. Department of Defense and the broader industrial base. By focusing on the intersection of robotics and asymmetric warfare, the company provides essential tools that protect front-line personnel while simultaneously enabling civilian workers to operate with greater precision and safety. Its technology is engineered to thrive in critical conditions, making it a preferred partner for organizations requiring reliable, high-performance autonomous capabilities in complex, real-world scenarios.
How much funding has Forterra raised?
Forterra has raised a total of $406.3M across 3 funding rounds:
Series B
$75M
Stock/Share Issuance
$93.3M
Series C
$238M
Series B (2024): $75M with participation from XYZ Venture Capital, Thomas & Moore Strategic Ventures, and Hedosophia Services
Stock/Share Issuance (2025): $93.3M, investors not publicly disclosed
Series C (2025): $238M supported by Franklin Resources, Salesforce Ventures, Balyasny Asset Management, and 645 Ventures
Key Investors in Forterra
Franklin Resources
A global investment management firm providing a broad range of equity, fixed income, and alternative investment solutions to institutional and individual clients worldwide.
Salesforce Ventures
The corporate investment arm of Salesforce, focusing on enterprise technology startups and providing patient capital to accelerate growth and market entry.
Balyasny Asset Management
A global investment firm that utilizes deep research and advanced technology to identify opportunities across equities, macro strategies, and quantitative trading.
What's next for Forterra?
With the successful closure of this Series C round, Forterra is well-positioned to accelerate its research and development initiatives and scale its deployment of autonomous platforms. The influx of capital will likely be directed toward expanding its engineering talent, refining its proprietary software stack, and deepening its strategic partnerships within the defense and industrial sectors. As the global demand for autonomous infrastructure continues to rise, Forterra is poised to leverage its technical expertise to capture a larger share of the market, potentially setting the stage for further expansion or future liquidity events as it matures into a dominant player in the autonomous technology landscape.
See full Forterra company page
