BlackRock and Baillie Gifford bet big on Icon 3D printed homes
BlackRock and Baillie Gifford have made significant investments in Icon, a company that specializes in 3D printing homes. Icon has raised $200M in a Series D financing round to scale its operations, particularly in Texas. This investment round included participation from prominent investors, highlighting the growing interest in 3D printing technology for construction.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Icon raised $200M to build more 3D printing robots.
- ✓ BlackRock and Baillie Gifford bet big on Icon 3D printed homes.
- ✓ Icon is a 3D printing construction firm that raised $200M in Series D financing round.
What changed
Icon raised $200M in Series D financing, with BlackRock and Baillie Gifford participating, to expand its 3D printing operations.
Live updates
-
BlackRock and Baillie Gifford invest in Icon's 3D printed homes
BlackRock and Baillie Gifford have made significant investments in Icon, a company that specializes in 3D printing homes. Icon has raised $200M in a Series D financing round to scale its operations, particularly in Texas. This investment round included participation from prominent investors, highlighting the growing interest in 3D printing technology for construction.
Why it matters
The investment in Icon's 3D printed homes is part of a larger trend of technological innovation in the construction industry. 3D printing has the potential to revolutionize housing by making it faster, cheaper, and more sustainable. BlackRock and Baillie Gifford's involvement indicates confidence in Icon's technology and its potential for growth.
What is confirmed
- Icon raised $200M to build more 3D printing robots.
- BlackRock and Baillie Gifford bet big on Icon 3D printed homes.
- Icon is a 3D printing construction firm that raised $200M in Series D financing round.
What to watch next
- Icon's expansion plans in Texas
- The impact of 3D printing technology on the construction industry
- Future investment rounds for Icon
confidence 85%Sources used for this update (13)
- ny1.com — Labor unions bet big on winners, losers in recent primaries
- www.cnbc.com — Stock Markets, Business News, Financials, Earnings - CNBC
- nypost.com — New York Post – Breaking News, Top Headlines, Photos & Videos
- CNBC — BlackRock and Baillie Gifford bet big on Icon 3D printed homes
- The Business Journals — Icon raises $200M to build more 3D printing robots
- Yahoo Finance — 3D printing construction firm ICON raises $200M in Series D financing round, scaling Texas presence
- KEYE — ICON Raises $200 Million to Scale Its Multi-Story 3D Printing Robot
- Moomoo — Press Release: Bain Capital and Tillman Global Holdings Complete $1.5 Billion Investment in Eaton Fiber and Acquisition of Ripple Fiber
- en.wikipedia.org — BlackRock - Wikipedia
- ir.blackrock.com — BlackRock, Inc. - Home
- careers.blackrock.com — Working at BlackRock
- finance.yahoo.com — BlackRock, Inc. (BLK) Stock Price, News, Quote & History ...
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community