Forterra Secures $238 Million, Valuation Exceeds $1 Billion
Photo by Sergey Koznov on Unsplash
Forterra, a military vehicle tech startup, secured $238 million in funding led by Moore Strategic Ventures, pushing its valuation over $1 billion. This capital infusion will expedite the production of Forterra's autonomous battlefield vehicles, which CEO Josh Araujo says can be used for surveillance and transporting various payloads.
Key takeaways
- Forterra, a military vehicle technology startup, has raised $238 million in funding, according to Bloomberg
- com, boosting its valuation above $1 billion
- Moore Strategic Ventures led the funding round, which includes $50 million in debt financing
Related Topics
Want coverage like this for your company?
Local & industry wins build trusted proof, SEO/geo signals and prime national editors.
Verified mention available
Is this your company?
Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.
Want to turn mentions into momentum? Find your best path with the Fit Checker. Verified profiles receive a free consult.