Will's Blog: Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation (Lizette Chapman/Bloomberg)

12 November 2025

Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Maryland-based Forterra, an autonomous military vehicle software startup founded in 2002, raised $238M, including $50M in debt, at a $1B+ valuation — Moore Strategic Ventures, Franklin Templeton and others have invested $238 million in Forterra. — Forterra, a startup that makes autonomous technology …

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