ICON raised $56M in a Series C funding round co-led by Norwest and Tiger Global to enhance its 3D printing technology for homes.

Feb 14, 2025•7 months ago

Amount Raised

$56 Million

AustinInformation Technology

Investors

Overmatch VenturesOakhouse PartnersModern VenturesLenxCaz InvestmentsTiger GlobalNorwest Venture Partners

Description

ICON has successfully closed $56 million in Series C funding co-led by Norwest Venture Partners and Tiger Global. The Austin-based company is planning additional funding of up to $75 million to further its innovative home building solutions.

Company Information

Company

ICON

Location

220 E Street Elmo Rd

Austin, Texas, United States

About

ICON is a construction technology company developing robotic and AI systems to lower the cost and increase the speed and quality of construction to tackle the global housing crisis and prepare to build on other worlds. As a pioneer of large-scale 3D printing, ICON continually sets new standards for delivering resilient, dignified housing and recently unveiled a radical new robotic printer that enables multi-story construction, a new low-carbon building material, a digital catalog for residential architecture, and an AI architect for home design and construction. Using proprietary 3D printing robotics, software and advanced materials, ICON is shifting the paradigm of homebuilding on Earth and beyond.

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