CA-based Furno Materials Secures an Investment from O’Shaughnessy Ventures. The deal’s total value was not made public. The money will be used by the company to grow both its operations and its clientele.
Founded by Gurinder Nagra in 2020, Furno constructs modular cement facilities that require less area, less energy, and a lower carbon footprint than conventional plants.
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Rather than using coal, its modular cement facilities consume natural gas. As a result, they can be heated and cooled more effectively and emit less carbon dioxide than conventional cement plants.
The company’s plants are portable and need little space, making them perfect for construction in developing countries. They are made to fit within shipping containers.
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About Furno Materials
Furno’s Innovation Recipe Open and honest communication is essential for a healthy environment. In order to guarantee that the most tried, most refined, and most thoughtful ideas win out, one must be willing to engage with and respect different viewpoints and ideas.
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