Posts tagged: Construction 3D PrintingMoney & Funding

Mighty Buildings, a leader in 3D printing construction technology known for its prefabricated, environmentally-friendly, and climate-resilient homes, has raised $52 million in funding – demonstrating strong investor confidence in Mighty Buildings’ innovative offsite 3D printing construction technology. The round was co-led by Wa’ed Ventures, the $500 million innovation-focused venture capital fund backed by Saudi Aramco, and by BOLD Capital Partners, a US disruption and transformation-focused venture firm.

Citing official ICON sources, TechCrunch has exclusively revealed that the US-based construction 3D printing company, has raised an additional $185 million in a round led by Tiger Global Management. The financing said to be an extension of ICON’s $207 million Series B that was announced last August, brings the company to nearly $2 billion in valuation in a rapidly growing 3DCP (3D construction printing) segment.

ICON, developer of advanced construction technologies including robotics, software and building materials, today announced it has completed a $207 million Series B round of financing led by Norwest Venture Partners. ICON also welcomes Jeff Crowe, Managing Partner at Norwest Venture Partners, a leading multi-stage investment firm, to its Board of Directors. From world-renowned architects to the country’s largest homebuilders, ICON’s line-up of series B investors also includes 8VC, BIG-Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble, Fifth Wall, LENx, Moderne Ventures and Oakhouse Partners. The investment brings ICON’s total funding since launching its revolutionary technology to $266 million.

Big Sun Holdings Group, Inc. (BSH), the parent of construction 3D printing company Black Buffalo 3D, formed a long-term strategic financing partnership with Ethos Asset Management. Ethos, a private project financing provider with global operations, has committed to providing long-term capital to support Big Sun Holdings’ role as the global accelerator for all products, services, and values in the U.S. on behalf of HN, Inc.–formerly Hyundai BS&C Co. Ltd.

ICON, a construction 3D printing specialist based in Austin, Texas, has raised $35 million through a Series A funding round led by Moderne Ventures. The infusion of capital brings the promising young company’s total investments to $44 million (it raised $9 million in a seed funding round in 2018). The funding will support the company as it continues to develop its 3D printing technology, design and build innovative 3D printed homes and advance its mission to provide cost-efficient and eco-friendly housing.

Apis Cor, the parent company of a Skolkovo resident startup that uses 3D printing to construct buildings, has raised about $6 million in investment from the Rusnano Sistema Sicar venture fund, the Vedomosti newspaper reported Thursday. Apis Cor made headlines and received global media coverage for its efficient and scalable construction 3D printing business.