Groningen, Netherlands-based Soly, an international solar energy company, announced on Monday that it has secured €30M in funding led by ArcTern Ventures in
Mighty Buildings Raises A Total Of $100M To Make Carbon-neutral 3D Printed Homes A Viable Option prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
ArcTern Ventures Announces Investment in 3D Printed Home Startup
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TORONTO, Feb. 10, 2021 /PRNewswire/ - ArcTern Ventures, a leading climate tech fund with offices in Canada, the US and Norway, is pleased to announce an investment in Oakland-based Mighty Buildings as part of the company s $40 million Series B round. Other investors in the round include Khosla Ventures, Bold Capital Partners, and Zeno Ventures.
Mighty Buildings is reimagining the construction industry through 3D printing of homes. With their advanced robotics and proprietary composite materials, Mighty Buildings is able to print an entire home offsite in around twenty-four to thirty-six hours. By applying state-of-the-art automation and innovative new technologies, Mighty Buildings can produce 3D printed structures two times as quickly and with ten times less waste than conventional construction. On a structural basis, their composite materials are stronger an