Intelligent City Offers Three-Pronged Approach to Sustainable and Affordable Mass Timber Construction
Vancouver, BC-based Intelligent City has been on a quest for over the past ten years to automate the construction of sustainable buildings. Intelligent City offers sustainability and affordability through a three-pronged approach, offering a software platform that designs buildings, an automated manufacturing process, and the use of mass timber.
The company was one of the first in the world to use robots in the manufacturing of prefabricated timber buildings. Intelligent City is a startup and is at the center of cleantech, automated manufacturing, and sustainable prefabrication of buildings—all with the aim to make the urban housing construction industry more efficient and environmentally friendly.
To meet those goals, over the past year Intelligent City has secured $22 million (CAD) in equity and grant funding. Its most recent Series A round of $12 million, which closed last month, will help the company build out its robotic manufacturing plants and scale into Ontario and along the West Coast of North America. The Series A round was led by BDC Capital’s Cleantech Practice and also included Greensoil PropTech Ventures, UIT Growth Equity GP, Fulmer & Company, which led Intelligent City’s seed round, and over 30 unnamed angel investors.
Intelligent City is focused on creating buildings that are 6-18 stories tall. With a few buildings already constructed, Intelligent City is looking to increase its numbers specifically in Ontario and British Columbia, as well as on the West Coast of the United States.
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