Furno Materials

Mountain View, United States Founded: 2020 • Age: 6 yrs
Modular technology is developed for on-shoring cement production and supply.
Annual revenue - Latest available
Total funding $11.0M 2 rounds
Employees 5 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Furno Materials

Furno Materials is a company based in Mountain View (United States) founded in 2020 by Gurinder Nagra. Furno Materials has raised $11 million across 2 funding rounds from investors including Energy Capital Ventures, O'Shaughnessy Ventures and Cantos Ventures. The company has 5 employees as of December 31, 2024. Furno Materials offers products and services including Modular Cement Plant and XRF Spectrometry System. Furno Materials operates in a competitive market with competitors including Solidiatech, Brimstone, Hoffmann Green Cement Technologies, Carbon Re and Betolar, among others.

  • Headquarter Mountain View, United States
  • Employees 5 as on 31 Dec, 2024
  • Founders Gurinder Nagra
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Furno Materials Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.5 M (USD), Seed

    Mar 13, 2024

  • Investors
  • Employee Count
    5

    as on Dec 31, 2024

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Products & Services of Furno Materials

Furno Materials offers a comprehensive portfolio of products and services, including Modular Cement Plant and XRF Spectrometry System.

Product name locked
Category locked
Primary

Enables efficient cement production with low energy use and emissions.

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Analyzes raw materials for optimized clinker production.

Funding Insights of Furno Materials

Furno Materials has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6.5 million completed in March 2024. 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.

Investors in Furno Materials

Furno Materials has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Energy Capital Ventures, O'Shaughnessy Ventures and Cantos Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Energy Capital Ventures is focused on green energy innovation investments.
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Early-stage media companies are targeted for venture capital investments.
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Seed stage tech-focused VC firm investing primarily in the US
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Investor details for Furno Materials

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Investments & Acquisitions by Furno Materials

Investments
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Investment portfolio details for Furno Materials

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Financial Statements - Furno Materials

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Detailed financials for Furno Materials

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Furno Materials Comparisons

Furno Materials Primary company
Description
Modular technology is developed for on-shoring cement produc...
Location
Mountain View, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
5
As of 2024
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Peer comparison for Furno Materials

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Competitors of Furno Materials

Furno Materials 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 Solidiatech, Brimstone, Hoffmann Green Cement Technologies, Carbon Re and Betolar, among others.

Company Name Domain Founded year HQ Location Description
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The company is offering sustainable solutions for the construction industry
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Low-carbon cement is produced via a carbon-negative process.
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Manufacturer of low carbon cement
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AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
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Low-carbon, waste-free solutions are developed for construction and mining sectors.
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Cement is manufactured with customized decarbonization solutions for plants.
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Detailed competitors of Furno Materials

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Latest news on Furno Materials

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Frequently Asked Questions about Furno Materials

Furno Materials was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Furno Materials is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Gurinder Nagra is the current CEO of Furno Materials. They have also founded this company.

Furno Materials is a funded company, having raised a total of $11M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Furno Materials is 5.

Founded in 2020 and based in Mountain View, United States, Furno Materials operates in the cement production sector. Modular technology is provided to enable compact, scalable plants for domestic deployment. Operations involve raw material analysis, grinding, and clinker production optimization. CO2 utilization is facilitated, while particulate emissions are eliminated through the process.

Furno Materials's top competitors include Fortera, Brimstone and Carbon Re.

Furno Materials offers Modular Cement Plant and XRF Spectrometry System.

Furno Materials has 4 investors. Key investors include Energy Capital Ventures, O'Shaughnessy Ventures, Cantos Ventures, and Neotribe.

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