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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. more


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