Furno Materials secures a $20M DOE grant for Project OZ, aimed at developing a low-carbon modular cement production plant in Chicago.

Oct 25, 2024•about 1 year ago

Amount Raised

$20 Million

Mountain ViewData And Analytics

Description

Furno Materials has been awarded a $20 million grant from the U.S. Department of Energy for Project OZ, which will create a groundbreaking modular cement plant. This project will help strengthen domestic supply chains and reduce emissions in the cement industry.

Company Information

Company

Furno Materials

Location

855 EL CAMINO REAL

Mountain View, California, United States

About

Furno Materials is pioneering a new era with standardized, decentralized, and decarbonized cement production. Furno’s vision is to jumpstart growth in domestic cement manufacturing, while enabling customers to deploy carbon neutral concrete anywhere. Headquartered in Mountain View, California, Furno is partnering with leading independent concrete producers to revolutionize the way cement is made.

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Furno Materials secures a $20M DOE grant for Project OZ, aimed at developing a low-carbon modular cement production plant in Chicago.

Description

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