Latest news with #OPUS
Business Wire
13 hours ago
- Business
- Business Wire
Terra CO2 Announces Additional Series B Funding to Scale Sustainable Cement Production
GOLDEN, Colo.--(BUSINESS WIRE)--Terra CO2 (Terra), a leading US-based low-carbon building materials company, today announced their series B funding, securing US$124.5M in new equity capital. In addition to the Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero, and Just Climate, the round included major investment from Barclays Climate Ventures. Additional strategic investors to join the round include Prologis, the global logistics leader, Cemex, an international leader in construction materials, and Siemens Financial Services, the financing arm of global technology company Siemens. In addition to the equity raise, Silicon Valley Bank, a division of First Citizens Bank, and Stifel Bank co-led the provision of a credit facility furnishing Terra additional financial flexibility. 'Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit," says Terra CEO Bill Yearsley. Share As government funding and subsidies for climate initiatives decrease in the US, it's imperative that these solutions provide cost competitive advantages that can work within existing industries and infrastructures. Terra's SCM provides a commercial deployment ready solution that is not dependent on subsidies, providing both investors and partners with the certainty they need. With the new capital, Terra will be rapidly moving forward with its first 240,000 TPY commercial advanced-processing facility in the Dallas-Fort Worth market. The funding will also support expanding Terra's offices and industrial facilities, significantly growing the team, developing more shovel ready commercial projects, and further advancing new generations of cementitious products. 'Terra's mandate is to deliver cementitious material solutions that the market would purchase solely based on cost and performance, even if there was no carbon benefit. The fact that Terra's cementitious materials also offer significant carbon mitigation is an additional advantage for the built environment,' says Terra CEO Bill Yearsley. 'Terra's technology offers a combination of commercial readiness and cost competitiveness. Its ability to support the decarbonization of a heavy industry such as cement aligns with our commitment to support scalable, near-term solutions in hard-to-abate sectors,' says Steven Poulter, Head of Barclays Climate Ventures. Terra's patented Supplementary Cementitious Materials (SCMs) process produces a high-performing, low-cost alternative to Portland Cement and depleted traditional resources such as fly ash. And unlike other low-carbon SCMs, Terra's OPUS products utilize inexpensive, abundant, and local feedstocks from existing aggregate mines, and work within existing industry infrastructure. This approach enables immediate deployment at scale, delivering cementitious materials that perform equal to or better than historical SCM while significantly reducing carbon emissions. Terra's second product, OPUS Zero, is currently in active concrete trials and would serve as a full Portland cement replacement. About Terra CO2 (Terra) Terra enables our partners to unlock low-carbon cement from source to deployment. As the critical component in creating concrete, the foundation of modern infrastructure, cement is responsible for 8% of the world's CO 2 emissions. The CO 2 and NO x emissions associated with cement make finding an alternative to current solutions a climate imperative. Unique to Terra is their capability to work across a diverse range of silicate rock mineralogy, not constrained by feedstock availability. Terra's technology allows the company to create sustainable construction materials with the most abundant and accessible raw materials on earth from already approved and open mines. Terra's first product, OPUS SCM (Supplementary Cementitious Material), is ready for commercial deployment, capable of replacing up to 50% OPC (Original Portland Cement) and addressing the industry's carbon emissions and dwindling feedstock challenges. Terra's OPUS ZERO™, a potential 100% replacement of OPC, is in full concrete trials. Both leverage Terra's "drop-in" reactor solution, which seamlessly integrates with existing infrastructure and sets the foundation for the transition to real zero cement. Validated by third parties, Terra's materials perform equal to or better than traditional cementitious products.
Cision Canada
17-06-2025
- Business
- Cision Canada
TraceLink Unveils OPUS Link Lab: A Radical Leap Forward for Multienterprise Supply Chain Innovation
BOSTON, June 17, 2025 /CNW/ -- TraceLink, the largest end-to-end digital network platform for intelligent supply chain orchestration, has launched OPUS Link Lab (OLL)—a revolutionary, no-cost design environment created to supercharge the creation and commercialization of multienterprise solutions across the life sciences ecosystem. Sparked by significant customer and partner demand, OPUS Link Lab empowers solution developers, IT leaders, and technologists with a free, secure, and always-on, no-code design environment packed with TraceLink's most advanced orchestration capabilities. Users can immediately begin designing, testing, and demoing transformative supply chain solutions leveraging: B2N (Business-to-Network) Integrate-Once™ - With OPUS's B2N Integrate-Once ™ model, customers and trading partners integrate a single time and instantly link to any partner on the network. No more rebuilding the same integration for every relationship; just link in and scale through many OPUS solutions. Multienterprise Information Network Tower (MINT) - Provides end-to-end, real-time transaction visibility and intelligence across the life sciences and healthcare supply chain, enabling companies and their trading partners to make faster, data-driven decisions and proactively source real-time, end-to-end commercial and supply chain information for advancing GenAI strategies. Process Orchestration for Empowered Teams (POET) - Streamlines and automates cross-functional, person-to-person business processes, empowering teams with real-time collaboration, transparency, and control to drive faster, more accurate outcomes. OPUS Solution Environment (OSE) – A breakthrough no-code toolset enabling users to rapidly assemble enterprise and multienterprise solutions with drag-and-drop ease. OPUS Reports and Dashboards (ORD) – A robust, no-code reporting and analytics suite that allows business users to create real-time visualizations and performance dashboards of end-to-end supply chain information, enabling leaders to gain instant visibility into supply chain KPIs for faster decision-making and data-driven execution. Link Actions and Transforms - Rapidly build event-driven links between OPUS solutions and common enterprise systems using Link Actions and apply dynamic, no-code transforms to standardize and route data across systems. This combination enables fast, flexible integration with enterprise applications without the time and cost of custom development. "OPUS Link Lab accelerates digital transformation by giving innovators everything they need to create, test, and deploy supply chain solutions without barriers," said Shabbir Dahod, President and CEO of TraceLink. "With OLL and our no-code OPUS Solution Environment, anyone—from system integrators to in-house IT teams—can rapidly turn ideas into multienterprise-grade solutions that improve agility, resilience, and business performance with trading partners." With OPUS Link Lab, users can rapidly and affordably digitalize processes and craft tailored solutions to solve real-world, multienterprise supply chain challenges, including: Commercial and Channel Management. Order-to-cash/procure-to-pay optimization, channel inventory control and optimization, demand sensing, financial reconciliation and claims adjudication. Supply Chain Planning. Forecast and scenario planning, production planning and scheduling, material and resourcing planning, S&OP alignment. External Manufacturing and Manufacturing Execution. Forecast and order planning, production tracking, material supply coordination, tech transfer collaboration, resource planning, and OEE monitoring. Quality Management. Continuous quality improvement, batch record review collaboration, issue and exception resolution, compliant and adverse event management. Procurement and Supplier Management. Agreement and licensing coordination, qualification and performance assessment, sustainability scorecarding. Regulatory Affairs and Compliance. Regulatory submission and tracking, label and artwork management, risk and impact assessment, and inspection and audit management. OPUS Link Lab also includes access to curated training paths, hands-on documentation, pre-built solution templates, and community forums led by TraceLink experts—all designed to fast-track network ecosystem success. Whether you're building your first digital orchestration flow or scaling multienterprise solutions across global networks, OPUS Link Lab makes it possible—today. Learn more about OPUS Link Lab and register for access here. About TraceLink TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
Yahoo
09-06-2025
- Business
- Yahoo
Princess Beatrice-backed start-up community OPUS lands $2m funding boost
A for-profit social enterprise which counts HRH Princess Beatrice among its directors will this week announce a funding boost and the appointment of one of Silicon Valley's most prominent figures to its board. Sky News has learnt that OPUS, a membership community which aims to cultivate a new wave of British entrepreneurs, is to unveil a $2m injection of capital from a syndicate of angel investors and family offices. It will also announce that Marc Porat, co-founder of General Magic - the company credited with inventing the early technologies behind the smartphone - is to become a director of the company. Money latest: OPUS has drawn a membership of nearly 1,000 technology company founders since it was established with the aim of helping their projects during the embryonic stages of building their businesses. "Anything anyone has ever achieved has been due to the support and actions of others," Sam Tidswell-Norrish, chair of OPUS, said in a statement. "That's what OPUS is built on - the power of the collective. "This raise is a signal of intent: that OPUS and its investors are deeply committed to backing the founders of tomorrow." The company has a physical presence in central London, and is establishing a dual-base in South Africa. Its new funding will be deployed to help founders through the use of artificial intelligence in areas such as fundraising, recruitment, product development and operations. Among OPUS's other backers are Miguel McKelvey, the WeWork co-founder, and Imtiaz Patel, former boss of MultiChoice Group. "OPUS's mission deeply resonates with my own journey," said Mr Porat Read more from Sky News: "The early stages of building are always the most challenging - even for the most talented, experienced and well[1]connected founder. "Community and friendships unlock opportunity, and being able to contribute towards a platform that leverages technology to scale that value to early-stage founders is exceptionally exciting." OPUS will also announce this week that Ken Donald, a former executive at British fintech Snoop, is to become its co-managing director, alongside Kerry Fennell.
Sky News
09-06-2025
- Business
- Sky News
Princess Beatrice-backed start-up community OPUS lands $2m funding boost
A for-profit social enterprise which counts HRH Princess Beatrice among its directors will this week announce a funding boost and the appointment of one of Silicon Valley's most prominent figures to its board. Sky News has learnt that OPUS, a membership community which aims to cultivate a new wave of British entrepreneurs, is to unveil a $2m injection of capital from a syndicate of angel investors and family offices. It will also announce that Marc Porat, co-founder of General Magic - the company credited with inventing the early technologies behind the smartphone - is to become a director of the company. OPUS has drawn a membership of nearly 1,000 technology company founders since it was established with the aim of helping their projects during the embryonic stages of building their businesses. "Anything anyone has ever achieved has been due to the support and actions of others," Sam Tidswell-Norrish, chair of OPUS, said in a statement. "That's what OPUS is built on - the power of the collective. "This raise is a signal of intent: that OPUS and its investors are deeply committed to backing the founders of tomorrow." The company has a physical presence in central London, and is establishing a dual-base in South Africa. Its new funding will be deployed to help founders through the use of artificial intelligence in areas such as fundraising, recruitment, product development and operations. Among OPUS's other backers are Miguel McKelvey, the WeWork co-founder, and Imtiaz Patel, former boss of MultiChoice Group. "OPUS's mission deeply resonates with my own journey," said Mr Porat "The early stages of building are always the most challenging - even for the most talented, experienced and well[1]connected founder. "Community and friendships unlock opportunity, and being able to contribute towards a platform that leverages technology to scale that value to early-stage founders is exceptionally exciting." OPUS will also announce this week that Ken Donald, a former executive at British fintech Snoop, is to become its co-managing director, alongside Kerry Fennell.
Yahoo
02-06-2025
- Business
- Yahoo
AI-built startups could fuel increase in venture capital ‘zombie' funds
Beware of zombies. That's the message from some venture capital executives who predict that AI will drive down the cost and time startup founders need to build businesses—but also increase the number of 'zombies.' These are VCs firms who find little demand for their services, and are left to wander the tech landscape without fresh capital or new investments. Due to AI, founders will become so efficient building companies that they will no longer need to raise multiple rounds of capital, says Sam Tidswell-Norrish, who, in December, left private equity firm Motive Partners, and has since launched professional community platform OPUS. Tidswell-Norrish predicts that, over the next five years, founders will likely collect enough capital in one round and then achieve profitability. This means VCs will end up competing with each other for fewer allocations and will have to go downstream to find companies, he said. Ben Savage, a partner at Clocktower Ventures, doesn't agree. Savage thinks AI will likely spur more ideas that cause founders to create more startups and possibly reinvent more segments of the economy. Matt Harris, a partner with Bain Capital Ventures, pointed to the cloud computing and SaaS boom of the last decade, which some thought would hurt VCs. Harris thinks the current AI revolution could lead to more VC allocations. For venture capitalists, AI could threaten their position or provide an opportunity, said OPUS's Tidswell-Norrish. Many firms raised capital, and were investing, during the bull market of 2021 when startup valuations were at a high. Venture funds often take years to sell their stakes, so firms could build their profile and raise multiple funds before having to return capital, he said. The venture industry is currently in a downturn with only the top tier and differentiated funds continuing to raise money, he said. There are already a number of VC firms that aren't investing further and just running 'their existing fund lifespans down passively,' Tidswell-Norrish said. OPUS's Tidswell-Norrish thinks AI will create a power shift in favor of the founders, who will need less capital. He expects many VC firms will consolidate or just collapse over the next decade. Because the firms have funds with a 10-year life cycle, many will 'take a long time to die,' he said. The number of U.S. zombie venture firms has increased. At the beginning of 2025, there were 574 U.S. zombies, or firms that have raised a fund in the prior six years but have no known investments since late December 2023, according to data from research firm PitchBook. This compares to the end of 2021 when there were 382 U.S. zombies that had raised a fund since 2016 but had no known investments since the end of 2020. Many of the VCs who spoke to Fortune agree there will be a weeding out of the venture capital sector but it's not necessarily because of AI. The IPO market has been shut for nearly four years while mergers have crawled, making it hard for venture funds to sell their deals. Funds that started in 2020, invested in 2021— a record time period for deals when companies were selling for high multiples—and still don't have liquidity in 2025, will have a hard time raising a second pool in 2026 and 2027, said Peter Walker, head of insights at equity management platform Carta. 'A lot of funds don't have great performance metrics right now. If your last fund didn't do very well, it's a much tougher climate to raise new funds,' he said. Clocktower's Savage said there are always 'over performing and underperforming' venture firms but it's still too early to determine the impact of 2021 investing on fund performance. 'There's a lot of different forces at play in the capital formation of venture capital firms,' Savage said. Firms that survive will be VCs with a 'differentiated means to create value,' said OPUS's Tidswell-Norrish. This is more than the typical VC strategy of just providing capital but offering unique strategies, or expertise or networks that a founder can use to boost their startup's growth or chance for success. 'Ninety percent of VCs do not have real capability beyond their team supporting,' he said. The lack of distribution is one reason why Tidswell-Norrish launched OPUS, which aims to provide networking connections for early-stage entrepreneurs and founders. In 2026, OPUS is expected to begin marketing for its first fund, which is targeting $20 million to $40 million, a person familiar with the situation said. 'It's a huge existential shift. We will see a reckoning,' Tidswell-Norrish added. This story was originally featured on
