Forterra: $238 Million Series C Raised To Expand Leadership In Defense Autonomy And Interoperable Mission Systems
By Amit Chowdhry ● Nov 12, 2025
Forterra, a leading developer of autonomous and interoperable systems for defense and logistics, has announced the closure of a $238 million Series C funding round, comprising both equity and debt. The round was led by Moore Strategic Ventures, with participation from new investors including Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital, and NightDragon. Existing backers, including XYZ Venture Capital, Hedosophia, and Enlightenment Capital, also participated. And Crescent Cove doubled its commitment through both equity and debt financing, continuing its support since Forterra’s Series A in 2021.