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University of Texas-Backed Startup Ready to Roll Out Greener Road Solutions, More Investors on Verge of Joining
from Austin Business Journal (subscription)
A University of Texas-backed startup has developed a more environment-friendly alternative to a common paving material, and it has raised $1.65 million from investors to help it crack the multibillion-dollar road construction industry. Terra Pave International Inc. founded by Andres Jackson and Yetkin Yildirim is the company behind Terra Prime, the primary use of which bonds the loose bottom layer of road material before asphalt is laid. The founders are touting it to replace MC-30, a type of cutback asphalt prepared by mixing asphalt cement with a petroleum-based solvent.
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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063