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Mighty Buildings
3D printing for the construction industry
- 101-200 employees
- B2B
- Robotics
- Construction
- Environmental
- Automation
- Coliseum Industrial, Oakland, CA
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Company mission
To help solve the housing and climate crises by transforming the way the world builds homes.
6% employee growth in 12 months
Our take
The US housing crisis continues, with extensive build times and limited resources leading to a substantial shortfall in family homes - and a worrying increase in environmental impact, thanks to unsustainable building methods. Mighty Buildings thinks the answer lies with 3D printing.
It seems to be correct, too. Mighty Buildings creates 3D-printed homes reportedly twice as fast, with 95% fewer labor hours, and an order of magnitude less waste than conventional construction methods. This remedies two of the major issues that are hobbling the provision of homes - and low-waste and sustainable practices are likely to be similarly important in future.
With the first Mighty Buildings being put on the market in 2021, time will tell how effective this new technology is at producing long-standing accommodation. This, however, is a broader issue that competitors of Mighty Buildings also face. With companies like ICON bringing their first homes to market around the same time, Mighty Buildings is part of a pioneering group of startups that could stand to make important (and lucrative) progress in future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Career development
- 401(k) Retirement plan
- Comprehensive health plan
- Dental plan
- 15 days of PTO
- 18 days of paid holiday time
Funding (last 2 of 6 rounds)
Sep 2023
$52m
LATE VC
Jul 2021
$22m
LATE VC
Total funding: $161.5m
This company has top investors
Leadership
Vyacheslav Solonitsyn
(Co-Founder)Has held various senior-level positions, including CIO of the Skolkovo Foundation, CEO of Startup Roulette, CMO/CSO of Touchjet, and managing partner of HaxAsia and Enchant VC. Co-founder and CEO of Intently.
Sam Ruben
(Co-Founder)Has spent over a decade working on environmental and sustainability issues. First as the President's Executive Assistant at the United Religions Initiative, then as a Climate Corps fellow, then at CBS Radio, subsequently as COO of Kreativz, and finally in various consulting roles.
Dmitry Starodubtsev
(Co-Founder & CTO)Previously CEO of Medical Electronics, then 3D pen company CreoPop. Also served as a Board Member for the kinetic sand company Lepa Sand. Has developed over 50 new products, including 3 patents in 3D printing.
Alexey Dubov
(Co-Founder & CIO)A serial entrepreneur, whose previous projects include health-friendly light bulb company SVET Labs, home automation business Tradematic, and smart clock company GlanceTech.