ICON is a construction technology company pioneering large-scale 3D printing, robotics, and advanced materials to build homes and structures more efficiently, sustainably, and affordably. Its Vulcan 3D printer, a large-format robotic system, can construct entire homes layer by layer using a proprietary cement-based material, significantly reducing construction time and waste. By automating much of the building process, ICON minimizes labor costs while enabling greater design flexibility and structural durability. The company’s technology has been used for affordable housing, disaster relief, and military infrastructure, demonstrating its potential to revolutionize the construction industry. With a focus on scalability and sustainability, ICON is redefining how homes and buildings are designed and built for the modern world.
ICON has raised $56 million in a Series C funding round co-led by Norwest Venture Partners and Tiger Global. In total, the company has raised over $500 million to date. In February 2022, the company raised $185 million in a Series B extension, pushing its valuation close to $2 billion at the time.
ICON, Austin, Texas, United States, was founded in 2017 by Jason Ballard. In 2022, the company joined the unicorn club. ICON operates in the construction and infrastructure markets, focusing on residential housing, disaster relief, and innovative building solutions using 3D printing and robotics. The company also explores space construction technologies, supporting future off-world habitats and infrastructure.
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