Terraphene secures investment from Nucleus Fund for hemp-based material alternatives. The Lehi-based company develops sustainable substitutes for plastic, wood, metal, and concrete.
Round Type
Venture
Investors
Description
Terraphene, a Lehi-based material technology company, announced an investment from the Nucleus Fund, the early-stage venture arm of the Nucleus Institute. The company develops hemp-based alternatives to plastic, wood, metal, and concrete, and has secured a nine-figure supply contract. Co-founders Daniel and Jarrett Webster discovered the breakthrough material accidentally while processing hemp for CBD extraction.
Quick answer
Terraphene raised an undisclosed amount in a funding round, dated September 3, 2026. Investors: Nucleus Fund.
- How much did Terraphene raise?
- Terraphene raised an undisclosed amount in a funding round on September 3, 2026.
- Who invested in Terraphene?
- Nucleus Fund is named as investors in this round.
- What does Terraphene do?
- Terraphene is a Lehi-based material technology company developing hemp-based alternatives to plastic, wood, metal, and concrete.
- Where is Terraphene based and how big is it?
- Fundz records about 6 employees.
- Who are the decision-makers at Terraphene?
- Fundz holds 2 contacts at Terraphene, including the Founder/Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Terraphene that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- Hadrian raised $1.4B (Series D) on August 6, 2026.
- GeWu Intelligence raised $15M (Angel) on October 18, 2026.
- Vitonnix raised an undisclosed amount (Seed) on October 17, 2026.
- Aerium raised $2.5M (Seed) on October 16, 2026.
- CapGrid Solutions raised $4.9M (Series B) on October 16, 2026.
Who to call at Terraphene, and when
A new round usually means Terraphene is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Terraphene raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Terraphene, from your own LinkedIn network
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Related People
Terraphene raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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