ICON revolutionises construction through 3D printing, robotics, and advanced materials. This approach creates a paradigm shift in the construction industry, improving construction speed, cost-efficiency, and overall project delivery.
Problem
- Global housing crisis: Over 1 billion people worldwide lack access to adequate housing, highlighting a severe shortage.
- Construction productivity issues: The construction industry has seen minimal productivity growth–just 1% over the last 20 years.
- Outdated methods: Home construction processes remain largely unchanged for centuries, relying on traditional “sticks and bricks” approaches.
Solution
- Faster construction: ICON’s 3D printing technology reduces the time taken to build a house from 8 months to 4 months.
- Advanced technology: Using Vulcan 3D printers, ICON combines building information modelling and materials science to transform how homes are built, reducing costs and time.
- Precision under any conditions: ICON has built the Magma concrete feeding system which adjusts for environmental factors such as temperature and humidity, ensuring high-quality and precise construction regardless of conditions.
Media Links
Type
Construction and Real Estate & Property Management
Focus Area
Deep Tech, Enterprise, and Sustainability
Capital Raised (US$)
>100M
Operational HQ
United States
SECTOR
3D Printing
status
Current
founders
Jason Ballard
partnered
2020
exited
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