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. 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.
- Total Equity Funding$11M (USD)
in 2 rounds
- Latest Funding Round$6.5M (USD), Seed
Mar 2024
- InvestorsEnergy Capital Ventures
& 3 more
- Employee Count5
Products & Services of Furno Materials
Furno Materials offers a comprehensive portfolio of products and services, including Modular Cement Plant and XRF Spectrometry System.
Enables efficient cement production with low energy use and emissions.
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.
- Total Funding $11M
- Total Rounds 2
- Last Round Seed — $6.5M
- First Round $4.5M
(Jul 2023)
- Investors Count 4
All 2 funding rounds of Furno Materials with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $6.5M | Seed | – | Energy Capital Ventures | |
| Jul 2023 | $4.5M | Series A | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy Capital Ventures is focused on green energy innovation investments. | – | energycapitalventures.com | - | |
Early-stage media companies are targeted for venture capital investments. | – | osv.llc | New York, United States | |
Seed stage tech-focused VC firm investing primarily in the US | – | cantos.vc | San Francisco, United States | |
Venture capital firm focused on tech sectors | – | neotribe.vc | Menlo Park, United States |
Investor details for Furno Materials
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Furno Materials
1 people are tracked at Furno Materials (1 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Gurinder Nagra | Founder & CEO | Leadership |
Complete people profiles for Furno Materials
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Furno Materials
3 dated milestones of Furno Materials across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Furno Materials is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Seed, of $6.5M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solidiatech.com | 2008 | Piscataway, United States | $105M | 48 | The company is offering sustainable solutions for the construction industry | |
| brimstone.com | 2019 | Oakland, United States | $60.1M | 50 | Low-carbon cement is produced via a carbon-negative process. | |
| ciments-hoffmann.com | 2014 | – | $28.73M | 59 | Manufacturer of low carbon cement | |
| carbonre.com | 2020 | London, United Kingdom | $6.15M | 14 | AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors | |
| betolar.com | 2016 | Kannonkoski, Finland | $8.26M | – | Low-carbon, waste-free solutions are developed for construction and mining sectors. | |
| forteraglobal.com | 2010 | San Jose, United States | $140.6M | – | Cement is manufactured with customized decarbonization solutions for plants. | |
| sublime-systems.com | 2020 | Somerville, United States | $45.86M | – | Low-carbon and sustainable cement is manufactured for building applications. | |
| materrup.com | 2018 | – | $31.37M | – | Developer of low carbon concrete products for the construction sector |
Detailed competitors of Furno Materials
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Furno Materials
The website of Furno Materials (furno.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 5.6% vs previous month
Websites whose visitors overlap most with Furno Materials. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Latest news on Furno Materials
Complete news archive for Furno Materials
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Furno Materials
10 companies that operate in the same segment as Furno Materials (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's 1st funding round was a Series A of $4.5M, raised on Jul 2023.
Furno Materials has 5 employees.
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 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.
Furno Materials operates through Furno Materials Inc..