The round was led by Moore Strategic Ventures, XYZ Venture Capital, and Hedosophia, with participation from Standard Investments and existing investors, including Enlightenment Capital, Crescent Cove Advisors, and Four More Capital. The new funding will enable Forterra to accelerate and scale the deployment of their autonomous driving system (ADS), AutoDrive®, with defense and industrial customers.

Forterra (Formerly RRAI) is a leading provider of autonomous systems for ground-based movement in the working world. The company is among the earliest innovators in the field of driverless technology, focused on building systems which protect front-line soldiers and enable civilian workers in our industrial base. Forterra is a go-to provider of autonomous solutions for the U.S. Department of Defense, which harnesses autonomy for asymmetric warfare in critical conditions.