Construction tech developer ICON secures $35M in funding, BIG among investors


ICON, developer of advanced construction technologies spanning from robotics, to software, and building materials, has completed a $35M series A funding round of financing led by Moderne Ventures. Among the series A round investors is Bjarke Ingels Group (BIG). 

ICON. Vulcan 3D Printer Extruding Lavacrete. © Regan Morton Photography

"We believe additive manufacturing will play a transformative role in the future of construction and with our investment and partnership with ICON we can contribute actively to this ongoing transformation," said Bjarke Ingels, BIG's Founder and Creative Director in a statement. "The design industry has become revolutionized through the adoption of Computer Aided Design and Building Information Management...Robotic manufacturing will enable us to eliminate the loss in translation from data to matter and allow us to fabricate homes at great speed, with less waste, and with higher accuracy than today."

ICON. Six Home Project Community First Village. 3D-Print...
Sean Joyner via Archinect - News https://bit.ly/31cIcZq

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