Breakthrough Energy, Eagle Materials, GenZero and Just Climate led a $124.5m Series B round in Terra.

Breakthrough Energy Ventures, a venture capital firm, Eagle Materials, an American producer of building materials, GenZero and Just Climate, investment firms, led a $124.5m Series B round in Terra, a provider of low carbon alternative for cement, with participation from Barclays Climate Venture, Prologis, Cemex and Siemens Financial Services. With the new capital, Terra will be rapidly moving forward with its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The funding will also support expanding Terra’s offices and industrial facilities, significantly growing the team, developing more shovel ready commercial projects, and further advancing new generations of cementitious products.