Friday, November 22, 2024
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Mighty Buildings: Raises $40M In Series B Funding

  • Mighty Buildings, an Oakland, Calif.-based construction tech company, raised $40m in Series B funding
  • The round led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental
  • New investors also included ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others
  • Mighty Buildings also included in Y Combinator’s Top companies list as a result of the round
  • Mighty Buildings is a construction technology company applying automation and innovative new technologies to cut time and labor hours
  • The company works with compliance and regulatory agencies to develop future-forward materials that tested to rigorous standards with nearly zero waste production methods

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