Just saw this on The Real Deal and I thought it was very cool, especially in light of my Musings on construction costs.
Diamond Age, a startup that claims to be able to build a home in 30 days, has raised $50 million in a Series A round:
Diamond Age, which says its automated manufacturing tools can produce a single-family home in 30 days instead of the typical seven months, raised $50 million in Series A funding to scale its business.
The Phoenix-based company, co-founded in 2018 by CEO Jack Oslan and CTO Russel Varone, said this week that it partnered with Century Communities, the nation’s ninth-largest homebuilder, to build 72 affordable homes in its own backyard — a base from which the startup plans to eventually stage a national expansion.
On the surface, Diamond Age’s business looks similar to that of Icon, an Austin-based 3D home printer. But the company, which takes its name from a science fiction novel by Neal Stephenson, bills itself as a “full-stack robotics startup.”
Now that’s cool, not the least of which is the fact that Diamond Age (which is about nanotechnology) is my favorite work by Neal Stephenson.
I also dig that the mission of Diamond Age is to make construction costs cheaper, so that builders can put more lower-cost entry-level housing into the marketplace.
Read the whole thing if you’re interested. I’m gonna see if I can speak to these guys some day.
Love innovations like this, which point to that whole exponential growth in technology thing I wrote about a while back.
-rsh
