Icon, pioneer in 3D print

codeWhich builds houses using 3D printing, closed with $ 56 million in financing C of the C series led by Norwest Venture Partners and Tiger Global, the company emphasized on Techcrunch exclusively.

The increase is the first closure of the Ostin icon, according to a spokesman. Current supporters CAZ Investments, Lynn^xModerne Ventures, Oakhouse Partners and Overmatch Ventures also participate in the tour. An additional financing was planned for “up to $ 75 million”, according to the spokesperson.

He rejected the icon of revealing its new evaluation or commenting on whether the evaluation is up, down or flat. The pumping of new capital brings a total of young people, which rose to more than $ 500 million. At the time of its last raised in February 2022 – the extension of $ 185 million for a round of chain B – it was said that the ICON evaluation is “approaching two billion dollars.”

The former presidential candidate and member of Congress Will Hurd, who previously invested in an icon, joined the company’s board of directors.

Founded in late 2017, code It was launched during the SXSW in March 2018 with the first 3D printed house allowed in the United States that the 350 square -foot house took about 48 hours (at a speed of 25 %) for printing.

A icon is planned to use its new capital mostly to “provide the development” PhoenixIts line of 3D multi -storey printers so that it can “start placing automatic technology in the hands of builders.” The spokesperson said the new mechanical printer allows multi -storey construction using new low -carbon building materials.

However, the company is still building the same homes. An icon is still planning “to design and build a selection of major projects through housing, hospitality and social/affordable cost, and those within the Ministry of Defense,” the spokesman for the spokesman said.

Over the years, ICON says it contains nearly 200 homes and structures in the United States and Mexico “through social/affordable cost, residential market rate, disaster relief, barracks and other American army structures, NASA and the Ministry of Defense.” Some of these structures include the homes of the same family for the homeless.

In January, the company confirmed it was 114 employees left. At that time, the company said it “recently made a difficult decision to redefine” its team and team “to focus on our higher priorities and continue to invest in our best growth opportunities.” At the present time, it has about 200 employees.

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