Startup aims to build homes in under 24 hours
Icon Technology has raised $9 million in a round led by Oakhouse Partners. Other notable investors include D.R. Horton, Verbena Road Holdings, and Emaar, according to Venture Beat.
What they do: The startup is looking to expedite the process of building a home. With an ambitious goal of completing a house in under 24 hours, Icon will use 3D-printers, robotics, and advanced materials.
Heard on the Street: Icon’s CEO Jason Ballard said in a statement: “It’s our mission at Icon to re-imagine the approach to homebuilding and construction and make affordable, dignified housing available to everyone throughout the world.”