Forterra – Enhanced Profile | Silicon Valley Investclub
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Forterra
Leading provider of autonomous systems for ground-based defense and industrial operations
AutoDrive® Military Autonomy Off-Road Navigation GPS-Denied Systems Swarm Robotics
Valuation Nov 2025
$1B+
Total Funding
$541M
Employees
500+
Founded
2002
Deployed Vehicles
100s

Overview

Forterra (formerly Robotic Research) is a pioneering autonomous systems company founded in 2002 by Alberto Lacaze and Karl Murphy. Headquartered in Clarksburg, Maryland, Forterra develops groundbreaking autonomous driving technology for defense and industrial applications. The company’s flagship AutoDrive® platform enables self-driving capabilities across diverse vehicle types, from small robotic platforms to 80-ton industrial tractors, operating in the most demanding environments including GPS-denied, off-road terrain. Forterra is the only company competing on all four Department of Defense ground autonomy programs and is currently producing driverless vehicles for the military. In November 2025, the company achieved unicorn status with a $1 billion+ valuation following a $238 million Series C funding round. With hundreds of autonomous systems deployed globally, Forterra is setting the standard for mission-critical autonomy in defense and industrial sectors.

Defense Tech Leader NDAA-Compliant Dual-Use Technology

Funding Rounds

AnnouncedMoney RaisedRoundValuationInvestors
Nov 12 2025$238MSeries C$1B+Moore Strategic Ventures, Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital, NightDragon
Sep 10 2024$75MSeries BUndisclosedMoore Strategic Ventures, XYZ Venture Capital, Hedosophia, Standard Investments
Dec 2021$228MSeries AUndisclosedSoftBank Vision Fund 2, Enlightenment Capital, Crescent Cove Advisors, Henry Crown & Company, Luminar Technologies, Four More Capital