Furno Secures $6.5M in Seed Funding

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Furno, a science-backed firm led by Gurinder Nagra, is dedicated to addressing climate change by utilizing its innovative combustion technology to lower the carbon footprint linked to conventional cement production. Customers can use it to create their own cost-effective modular cement plants that scale according to demand.
With the help of its innovative combustion technology, the business unveiled the Furno Brick, an end-to-end cement production unit whose reactor integrates four phases into a single, compact reactor, cutting costs, carbon emissions, and physical footprint.
Thanks to the company’s innovative kiln and combustion technology, cement can be produced efficiently with gas-based fuels instead of solid fuels, reducing carbon dioxide emissions and completely eliminating sulfur oxides (SOx) and nitrogen oxides (NOx).

Commenting on the news, Gurinder Nagra said: “Our cement far exceeds ASTM standards, a bare-minimum quality threshold. While most companies tout meeting these standards and stop there, we have continued to refine our process and are on target to surpass the even higher commercial requirements set by significantly-sized customers eager for our solution.”

Furno’s exclusive combustion process reduces production footprint significantly and achieves over 80% thermal efficiency in the cement industry.
It reduces fuel emissions from cement manufacture by 70%, resulting in a 50% reduction in energy costs.
when combined with advancements in materials, removes 88% of pollutants. allows for the manufacturing of cement where there is a need for it, removing the need for expensive material transportation

The company’s cutting-edge kiln and combustion technology makes it possible to produce cement efficiently using gas-based fuels rather than solid ones, which completely eliminates sulfur oxides (SOx) and nitrogen oxides (NOx) and drastically cuts CO2 emissions. Because of Furno’s creative design, cement manufacturers may also construct compact, economical cement plants and expand their capacity as needed.

The labor and installation costs alone account for about 70–80% of the total costs associated with building a cement factory; the remaining 20–30% are spent on specialized equipment, which is frequently purchased from overseas vendors. By facilitating pre-fabrication and standardization, the Furno Brick lowers production, installation, and permit costs, hence mitigating these expenditures.

Energy Capital Ventures (ECV) led Furno’s oversubscribed round, which was also joined by Cantos, Neotribe, and O’Shaughnessy Ventures. Breakthrough Energy was involved in the company’s previous round of non-dilutive finance. With this money, the company will be able to keep growing its technology, send prototypes to more consumers so they can give feedback, and—possibly most importantly—help develop the Furno Brick.

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