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Diamond Age Raises $50 Million Series A Round To Advance Robotic Home Construction System And Go To Market

Mar 10, 2022over 3 years ago

Amount Raised

$50 Million

Round Type

series a

Description

Diamond Age, a full-stack robotics startup that is automating new home construction to make home ownership more affordable, raised a $50 million Series A round led by Prime Movers Lab. Seed investors Alpaca VC, Dolby Family Ventures, Timber Grove Ventures, and Gaingels all invested above their pro-rata and are joined by Signia Venture Partners. Additionally, 20% of the round was made up of production home builders and land developers.

Company Information

Company

Diamond Age

About

Diamond Age claims that when, fully realized, its tech will be able to reduce manual human labor by 55% and shrink the construction time on a single family home from nine months to 30 days.

Funding Insights

Based on industry data
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech