Fundraising Fox

Forterra

Founded 2002 · 621 employees on LinkedIn · 17 known investors

Forterra develops autonomous weapons, sensors, and battlefield systems using distributed control networks for defense operations. The company also operates in commercial sectors including autonomous transit buses, yard trucks, and agricultural vehicles.

AI & Machine LearningDefense TechRobotics

Founders & leadership

Forterra was founded in 2002 by Alberto Lacaze.

ALAlberto Lacaze
Alberto LacazeChairman of the Board and President
JPJoseph Putney
Joseph PutneyChief Technology Officer

Investors · 17

645 VenturesNew York · $1M – $5M
CRESCENT COVE CAPITALSan Francisco
Enlightenment CapitalWashington
Glynn Capital ManagementMenlo Park
NightDragonSan Francisco
Salesforce VenturesSan Francisco · $5M – $50M
SoftBank Vision FundLondon
Vanedge CapitalVancouver · $1M – $15M
Vanedge Capital Limited PartnershipVancouver
XYZ Venture CapitalSan Francisco · $10K – $5M
9Yards Capitalreported · 2 sourcesNew York · $100K – $10M
BAM ElevatereportedChicago
Franklin TempletonreportedSan Mateo
Hanwha Asset ManagementreportedSeoul
HedosophiareportedLondon

Also in the syndicate · 2

Moore Strategic VenturesleadRTX Ventures

Funding

SEC filings, press & company announcements

$238M disclosed across 1 round · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 3

by search overlap
Proterra57 shared keywordsProterra designs and manufactures zero-emission battery systems for commercial vehicles. The company provides battery solutions tailored for integration into large commercial and on/off-highway vehicles, along with engineering support, training, and service.
Newterra39 shared keywordsNewterra designs and provides modular water, wastewater, and environmental treatment systems for municipalities, industries, small communities, and developers, covering the treatment lifecycle from design and project management to technical support and parts. The company has been acquired by Grundfos, a global water technology company.
Qinetiq37 shared keywordsQinetiQ is a global defence and security company that provides test and training facilities, mission support, research and development, and engineering services for defence systems and personnel across land, sea, air, space and cyber domains. It serves defence and security customers, operating across the UK, Europe, US and Australia.

Companies competing with Forterra for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 50+ SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. ArmyArmyPhase II2022$600K
Department of DefenseDefense Threat Reduction AgencyPhase II2021$969.3K
Department of DefenseDefense Logistics AgencyPhase I2021$100K
U.S. Air ForceAir ForcePhase I2020$150K
U.S. NavyNavyPhase I2020$140K
U.S. ArmyArmyPhase I2020$111.5K
U.S. ArmyArmyPhase I2020$111.5K
U.S. ArmyArmyPhase I2020$111.5K
U.S. ArmyArmyPhase I2020$111.5K
U.S. ArmyArmyPhase II2019$498.5K
Department of DefenseDefense Threat Reduction AgencyPhase I2019$147.4K
U.S. ArmyArmyPhase I2018$100K
U.S. Air ForceAir ForcePhase I2018$50K
U.S. ArmyArmyPhase IISTTR2017$999.8K
U.S. ArmyArmyPhase II2017$983.6K
U.S. ArmyArmyPhase II2017$983.4K
U.S. ArmyArmyPhase II2017$457.7K
U.S. ArmyArmyPhase ISTTR2017$150K
U.S. ArmyArmyPhase I2017$98.7K
U.S. ArmyArmyPhase II2016$983.3K
U.S. ArmyArmyPhase I2016$154.8K
Department of Homeland SecurityPhase I2016$100K
U.S. ArmyArmyPhase I2016$99.8K
Department of DefenseDefense Logistics AgencyPhase I2016$99.8K
U.S. NavyNavyPhase ISTTR2016$80K
U.S. NavyNavyPhase II2015$1.5M
Department of DefenseOffice of the Secretary of DefensePhase II2015$993.9K
U.S. NavyNavyPhase IISTTR2015$781.6K
Department of Homeland SecurityPhase II2015$200K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase I2015$149.6K
U.S. Air ForceAir ForcePhase I2015$149.6K
U.S. ArmyArmyPhase I2015$99.9K
U.S. ArmyArmyPhase I2015$95.5K
U.S. ArmyArmyPhase ISTTR2014$150K
U.S. ArmyArmyPhase I2014$149.4K
U.S. Air ForceAir ForcePhase I2014$149.3K
U.S. ArmyArmyPhase I2014$148.9K
U.S. NavyNavyPhase I2014$80K
U.S. NavyNavyPhase I2014$80K
U.S. ArmyArmyPhase II2013$999.5K
Department of Homeland SecurityPhase II2013$693.2K
U.S. ArmyArmyPhase II2013$542.5K
U.S. ArmyArmyPhase I2013$99.5K
U.S. NavyNavyPhase ISTTR2013$79.9K
U.S. NavyNavyPhase I2013$79.7K
U.S. NavyNavyPhase I2013$79.5K
U.S. ArmyArmyPhase IISTTR2012$749.8K
U.S. ArmyArmyPhase II2012$727.2K
Department of Homeland SecurityPhase I2012$149.7K
U.S. ArmyArmyPhase I2012$148.6K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Forterra plc Employee Benefit Trust Purchases 75,000 Shares at £1.35 Each in July 2026 Acquisition Programkalkinemedia.com · Jul 2026Exclusive: Forterra’s $114M Army-Backed Push Into Ukrainetectonicdefense.com · Jul 2026The first American autonomous ground vehicles are fighting in Ukraine | TechCrunchtechcrunch.com · Jul 2026Forterra Raises $238 Million at a $1 Billion Valuation | Silicon Valley Investclubsiliconvalleyinvestclub.com · Nov 2025Forterra Raises $238M in Series C Equity and Debt Fundingfinsmes.com · Nov 2025Forterra Secures $238M in Series C Funding to Expand Defense Autonomous Capabilities - GovCon Wiregovconwire.com · Nov 2025

Frequently asked questions

What does Forterra do?
Forterra develops autonomous weapons, sensors, and battlefield systems using distributed control networks for defense operations. The company also operates in commercial sectors including autonomous transit buses, yard trucks, and agricultural vehicles.
Who founded Forterra?
Forterra was founded by Alberto Lacaze in 2002.
Who are Forterra's investors?
Forterra's investors include 645 Ventures, CRESCENT COVE CAPITAL, Enlightenment Capital, Glynn Capital Management, NightDragon, Salesforce Ventures, SoftBank Vision Fund, Vanedge Capital and 7 more.
How much funding has Forterra raised?
Forterra has disclosed $238M raised across 1 round.