ICON raises $200M to manufacture Titan 3D printers for builders
Construction tech company ICON has closed a $200 million Series D co-led by Baillie Gifford and BlackRock. The funds will go toward producing its Titan multi-story robotic construction system at a factory in Austin, a new R&D facility, and expansion into Texas, Florida and Washington D.C.
- The $200M Series D was co-led by Baillie Gifford and BlackRock
- ICON has built more than 270 homes and structures across five states and two countries
- Titan is designed to cut home construction by six weeks at 40% below average cost
- ICON Prime has won over $370M in government contracts and works with NASA
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