Top Industry Leaders in the Prefabricated Buildings Market
Prefabricated Buildings Market
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September 2023- A leading startup building tech for prefabricated, ostensibly environmentally friendly houses, Mighty Buildings, on 12th of September disclosed that it has managed to get USD52 million in the first round of funding co-led by Bold Capital and Waed Ventures with involvement by Khosla Ventures. The newfound tranche resourcing familiar with the matter, worth around USD 300 million and USD 350 million, get Mighty Buildings' total raised to USD150 million. The company CEO says that the company will put the funds towards its growth across the North American region as well as the Middle East, especially in Saudi Arabia, and backing the launch of the organization's next-gen modular home-building kit. He further revealed in a press release that the pandemic encouraged the housing shortage in the U.S. and other nations as several projects required to be halted and construction workers left the market permanently. He further added that the latest rise in the interest rates that were anticipated to cool housing demand has had the exact opposite impact, as the secondary market for used houses plummeted, causing ever more demand for newly built homes. The leading manufacturer in the market was established in 2017 by Dmitry Starodubtsev, Slava Solonitsyn, Sam Alexey Dubov, and Ruben, who obtained to establish a platform leveraging 3D printing to assist construction automation, particularly in the home construction industry.
Key Companies in the Prefabricated Buildings market include
Lindal Cedar Homes Inc, Red Sea Housing Services, Astron Buildings, United Partition and Systems, Butler Manufacturing Company, Ritz, Craft Corporation, Champion Home Builders, Kirby Building Systems LLC