Falkbuilt, a Calgary, Alberta, Canada-based construction technology company, closed a $35M CAD Series A equity funding.
The round was led by Stephens Capital Partners and RET Ventures.
The company intends to use the funds to expand operations through increasing manufacturing capacity, investing in their global network of Falkbuilt Factory Direct Branches, and further investment in their Echo technology.
Founded in 2019, Falkbuilt is an interior construction manufacturing company which uses next-generation technology to manufacture components in the factory and provide digital end-to-end, offsite prefabricated solutions from design, development, fabrication, and installation through its innovative Echo technology. It has over 400 employees and 90+ Falkbuilt Factory Direct Branches in North America, the Middle East, and India.