News and Insights of 3D Printing and Manufacturing
The market for construction 3D printing continues to expand around the world and especially in Europe, where Swedish startup ConcretePrint (KonkretPrint AB) has unveiled the country’s first 3D printed home. The young company completed the inaugural structure in June 2021 at an industry plot in Tumba, Sweden. The project was undertaken with financial support from the Swedish Energy Agency.
It has been a busy month for Austin-based 3D printing construction firm ICON. Not only did it raise $207 million in Series B funding and unveil a 3,800-square-foot training barracks for the Texas Military Department, it has now brought four 3D printed homes to market in Austin, Texas, in collaboration with Kansas City developer 3Strands. Two of the four 3D printed homes have already been sold, while the remaining two are hitting the market today, August 31, 2021.
It has been a busy month for Austin-based 3D printing construction firm ICON. Not only did it raise $207 million in Series B funding and unveil a 3,800-square-foot training barracks for the Texas Military Department, it has now brought four 3D printed homes to market in Austin, Texas, in collaboration with Kansas City developer 3Strands. Two of the four 3D printed homes have already been sold, while the remaining two are hitting the market today, August 31, 2021.
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.
Danish construction 3D printer company COBOD, the current segment leader in Europe, recently entered the US market via a partnership with Printed Farms in Florida. The company is now expanding its footprint in the US to address the widespread lack of affordable housing in partnership with the non-profit organization Habitat for Humanity. In US market COBOD will be squaring off with current local leader ICON.
The Block Research Group at ETCH Zurich is working with Zaha Hadid Architects Computation and Design Group (ZHACODE), incremental3D and Holcim to build the Striatus 3D concrete printed masonry bridge, in time for the Venice Biennale exhibit.
Texas-based construction 3D printing company ICON has once again upgraded its Vulcan system. The next-gen 3D printer was announced in parallel to a new 3D printed home initiative—the Exploration Series—which ICON is working on in collaboration with various world-class architects. We’ve got our first glimpse of the inaugural build of the series, House Zero, which is designed by Texas firm Lake|Flato Architects.
GUtech (The German University of Technology in Oman) has signed a cooperation agreement with the Danish company COBOD to manufacture and ship the first 3D printer for construction to the Sultanate.
Danish construction 3D printer company COBOD, the current segment leader in Europe, recently entered the US market via a partnership with Printed Farms in Florida. The company is now expanding its footprint in the US to address the widespread lack of affordable housing in partnership with the non-profit organization Habitat for Humanity. In US market COBOD will be squaring off with current local leader ICON.
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.