Your Source for Venture Capital and Private Equity Financings

Mighty Buildings Raises $40M Series B Round

2021-02-09
OAKLAND, CA, Mighty Buildings today announced a $40 million Series B funding round.
Mighty Buildings, a construction tech company revolutionizing the construction industry by creating homes that are beautiful, sustainable, and affordable using 3D-printing, robotics, and automation, today announced a $40 million Series B funding round. The round was led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental. Mighty Buildings also added several new investors including ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others. Mighty Buildings was also included in Y Combinator's Top companies list as a result of the round. To-date, Mighty Buildings has raised more than $70 million from investors.

Mighty Buildings is a construction technology company that is dedicated to reimagining the building industry, from the factory to the foundation. By applying state-of-the-art automation and innovative new technologies, Mighty Buildings can 3D print structures 2x as quickly with 95% less labor hours and 10x less waste than conventional construction. Mighty Buildings works with compliance and regulatory agencies to develop future-forward materials that are tested to the most rigorous standards with nearly zero waste production methods. Mighty Buildings projects range from pre-designed ADUs for homeowners to residential developments using their Mighty Kit System for the nation's largest homebuilders. Mighty Buildings is committed to making beautiful, affordable, and sustainable homes a reality for more people. For more information, visit www.mightybuildings.com.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors