ICON, the global leader in advanced construction technology, announced its $200 million Series D financing co-led by Baillie Gifford and funds managed by BlackRock with participation from Capital Factory, CAZ Investments,, Moderne Ventures, Moonshots Capital, Norwest, Overmatch, The Syndicate, Tiger Global, among others.

The financing will fuel the manufacturing and deployment of ICON's robotic construction systems, open a large-scale R&D facility in Austin, Texas, advance its next-generation construction technologies, including Titan and Olympus, and rapidly expand ICON's footprint across Texas, Florida, Washington D.C., and new U.S. markets.