Mighty Buildings is a YCYC-backed company working on disruption of construction industry with unique 3D printing technology and advanced composite materials.
Mighty Buildings, Inc is a stealth-mode startup developing proprietary 3D printing technology to address the affordable housing crisis, with a particular focus on helping younger generations realize their dream of homeownership - a dream that is increasingly out of reach to many.
The team of Mighty Buildings havehas developed a unique 3D printing material and system that allows us to print beautiful, energy efficient structures with zero construction waste and at a lower cost than traditional construction technologies.
Low automation, decreasing productivity, lack of qualified labor, rising timber cotscosts drive construction costs up. The average totalmedian square footage of houses built has also been growing for many years since builders are not incentivized to build smaller / starter homes. These factors make starter houses overpriced and hardly available to the first time home buyer.
About the technology
Mighty Buildings is backed by top VC firms such as Khosla Ventures, SV Angel, CoreVC and Y Combinator. We raised over USD 79 mln in seed capital and are planning to announce Series A in Q1-Q2 in 2019.
3D printed building company
Mighty Buildings is a YC company working on disruption of construction industry with unique 3D printing technology and advanced composite materials.
Mighty Buildings, Inc is a stealth-mode startup developing proprietary 3D printing technology to address the affordable housing crisis, with a particular focus on helping younger generations realize their dream of homeownership - a dream that is increasingly out of reach to many.
The team of Mighty Buildings have developed a unique 3D printing material and system that allows us to print beautiful, energy efficient structures with zero construction waste and at a lower cost than traditional construction technologies.
One of the main advantages of our tech is that we enable freeform architecture. Our materials feature much better compressive and tensile strength than typical commercial grade concrete, while 3D printing technology uses light to get the composite material solidified right from the printing head. Both of these reasons helped us to achieve capability to print horizontal lines without support, which is none of other construction 3D companies was able to demonstrate so far.
Problem
Low automation, decreasing productivity, lack of qualified labor, rising timber cots drive construction costs up. The average total square footage of houses built has also been growing for many years since builders are not incentivized to build smaller / starter homes. These factors make starter houses overpriced and hardly available to the first time home buyer.
The Millennial generation is getting to the age when they start families and are considering to buy their own house. According to Fannie Mae, 93% of the Millennials who currently rent want to buy a house but believe it is economically impossible. Overburdened with student loans and limited by supply of starter homes, the Millennials are either forced to buy larger houses taking mortgage they can’t afford or to keep on renting forever.
Our solution
Mighty Buildings delivers Housing Construction Platform automating 80% of construction operations and saving up to 90% of building time. We specifically focused on solving problems of effective production of the category of starter homes, starting from the segment of backyard studios that can be built on the existing lots for the Millennials who live with their parents (over 30% in California).
Mighty Buildings gives thoughtful consideration to environment sustainability when providing housing solutions. Being concerned with surrounding natural ecosystems we have eliminated waste from our construction processes by utilizing additive manufacturing and recycling of materials. Our solutions are also designed to meet progressive energy standards.
Mighty Buildings has taken into consideration longevity of delivered products and their security for the customers. Proprietary materials are more resilient to fire, wind, moisture, earthquake events, and other environmental factors.
About the technology
The founding team
The team is composed by two founders, based in San Francisco with a full dedication time to the project.
Slava Solonitsyn (CEO) - serial startup launcher, co-founder of Singaporean seed capital firm and go-to-market expert.
Dmitry Starodubtsev (CTO) - serial entrepreneur, founder of 100+ employee engineering firm.
Mighty Buildings executive team consists of top experts in 3D printing, industrial automation and sustainability and is also supported by a team of advisors with high level of international recognition in their fields of expertise from companies like Tesla, MakerBot.
Initial traction & funding
Mighty Buildings is backed by top VC firms such as Khosla Ventures, SV Angel, CoreVC and Y Combinator. We raised USD 7 mln in seed capital and are planning to announce Series A in Q1-Q2 in 2019.