Icon, an Austin, Texas-based construction technologies company, closed a $9M seed funding.
The round was led by Oakhouse Partners, with participation from D.R. Horton, Emaar, Capital Factory, CAZ Investments, Cielo Property Group, Engage Ventures, MicroVentures, Saturn Five, Shadow Ventures, Trust Ventures, Verbena Road Holdings and Vulcan Capital, among others.
The company intends to use the funds to continue to expand operations with numerous technical roles including robotics, advanced materials and software engineering.
Led by Jason Ballard, co-founder and CEO, Icon leverages robotics, software and advanced materials to bring sustainable homes. In March 2018, the company unveiled a 3D printer and secured a building permit and printed a home in Austin, Texas.
The second generation of the Vulcan printer is also underway and will be unveiled in 2019.