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Forterra Closes $238M Series C

2025-11-17
WASHINGTON, DC, Forterra, announced it closed a $238 million Series C in equity and debt.
Forterra, the company redefining autonomy and mission system interoperability for defense and logistics, announced it closed a $238 million Series C in equity and debt. The round was led by Moore Strategic Ventures, joined by new investors including Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital and NightDragon, alongside participation from existing investors XYZ Venture Capital, Hedosophia and Enlightenment Capital. Doubling down on their investment into Forterra, Crescent Cove provided both equity and debt, showing continued support since Forterra's Series A in 2021.
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