About Forterra
Forterra is a company based in Clarksburg (United States) founded in 2002. It operates as a Product-as-a-Service. Forterra has raised $168.27 million across 4 funding rounds from investors including Standard Investments, Hedosophia and Moore Strategic Ventures. Forterra has completed 1 acquisition, including goTenna. Forterra offers products and services including AutoDrive. Forterra operates in a competitive market with competitors including Jankel, Rheinmetall, Demine Robotics, ExRobotics and Humanistic Robotics, among others.
- Headquarter Clarksburg, United States
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Robotic Research Opco, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$168.27 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Debt – Conventional
Nov 12, 2025
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Investors
Standard Investments
& 7 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Forterra
Forterra offers a comprehensive portfolio of products and services, including AutoDrive. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Full-stack autonomy system for diverse vehicle platforms used.
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Funding Insights of Forterra
Forterra has successfully raised a total of $168.27M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $50.0M
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First Round
First Round
(09 Aug 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2025 | Amount | Debt – Conventional - Forterra | Valuation |
investors |
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| Aug, 2025 | Amount | Series C - Forterra | Valuation |
investors |
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| Sep, 2024 | Amount | Series B - Forterra | Valuation | Hedosophia , Moore Strategic Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Forterra
Forterra has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Standard Investments, Hedosophia and Moore Strategic Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in growth-stage companies are made by Hedosophia.
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Founded Year | Domain | Location | |
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Investments in early-stage companies are managed by XYZ Venture Capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Forterra
Forterra has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include goTenna. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile mesh networking is enabled for off-grid smartphone use.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Forterra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forterra Comparisons
Competitors of Forterra
Forterra operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jankel, Rheinmetall, Demine Robotics, ExRobotics and Humanistic Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufactures high-quality tactical vehicles for military and defense applications.
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| domain | founded_year | HQ Location |
Military systems and automotive components are supplied globally.
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| domain | founded_year | HQ Location |
Delivers robotic solutions to detect and defuse land mines safely.
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| domain | founded_year | HQ Location |
Inspection robots for explosive environments are designed and developed.
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| domain | founded_year | HQ Location |
Unmanned IED and landmine rollers are developed for remote control.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Forterra
Frequently Asked Questions about Forterra
When was Forterra founded?
Forterra was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is Forterra located?
Forterra is headquartered in Clarksburg, United States. It is registered at Clarksburg, West Virginia, United States.
Is Forterra a funded company?
Forterra is a funded company, having raised a total of $168.27M across 4 funding rounds to date. The company's 1st funding round was a Series B of $75M, raised on Aug 09, 2010.
What does Forterra do?
Forterra is engaged in creating advanced autonomous vehicle systems through its AutoDrive platform. The technology is applied in defense to address battlefield challenges and in commercial sectors for complex logistics in harsh environments. Solutions are designed for varied terrains and conditions, supporting both soldiers and civilian workforces. Operations span structured and unstructured settings, enhancing safety and efficiency. The company is committed to minimizing risks and optimizing performance across industries.
Who are the top competitors of Forterra?
Forterra's top competitors include Rheinmetall, Howe and Howe Technologies and ICOR Technology.
What products or services does Forterra offer?
Forterra offers AutoDrive.
How many acquisitions has Forterra made?
Forterra has made 1 acquisition, including goTenna.
Who are Forterra's investors?
Forterra has 8 investors. Key investors include Standard Investments, Hedosophia, Moore Strategic Ventures, XYZ Venture Capital, and Crescent Cove Advisors.