We just led Terranova’s seed round with Congruent Ventures to back a company that is literally reshaping the world beneath our feet. Laurence Allen and Trip Allen are obsessive, brilliant builders who fuse robotics and AI into an army of machines that analyze the ground below and then physically lift and stabilize it. Flooding and land subsidence cost the U.S. over $180B every year, part of a multi-trillion dollar global challenge, and this team is tackling it with rare vision and execution. Highways, coasts, farms, cities...they can all be protected and transformed by what Terranova is building. We couldn’t be more excited to back these founders as they launch a new era of industrial innovation. Learn more: www.terranova.inc AJ Smith Jordan Kretchmer Paige Craig GoAhead Ventures Phil Brady Kevin Kopczynski Ponderosa Ventures Gothams #startups #fundraise #climatetech #robotics
Excited to share that Terranova is emerging from stealth with an oversubscribed $7M Seed round led by Outlander VC and Congruent Ventures, with participation from GoAhead Ventures, Gothams, and Ponderosa Ventures (a Galvanize fund). We're building terraforming robots the size of cars at our 16,000sq factory in Berkeley, CA, with one already in the field. Our robots use underground injection to lift land and infrastructure, protecting cities like my hometown from floods. We are hiring across 9 roles and looking for more elevation projects - join us in reshaping the world!