Forterra

Private

Clarksburg, Maryland-based autonomous ground systems company supplying AutoDrive Kit retrofit autonomy to US Army, Marine Corps, and Tier 1 defense primes. Founded 2002 as Robotic Research, rebranded Forterra in 2023. Backbone of the Robotic Combat Vehicle program.

Founders Alberto Lacaze

CEO Alberto Lacaze

Company

Founded

2002

Headquarters

Clarksburg, United States

Financials

Total Funding

$375M

Sectors

Artificial Intelligence Transportation Hardware

forterra.ai

Funding History

3 rounds

Series C Jun 15, 2026

$175M

Bessemer Venture Partners (Lead) Insight Partners ABS Capital Partners Enlightenment Capital BlackRock Lockheed Martin Ventures

Series B May 20, 2025

$125M

Insight Partners (Lead) ABS Capital Partners Enlightenment Capital Bessemer Venture Partners

Series A Jan 31, 2024

$75M

ABS Capital Partners (Lead) Enlightenment Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.