Diamond Age raises $50 million to advance robotic 3D-printed building systems

On March 13, 2022, the robotics startup Diamond Age (Diamond Age) in the A roundfinancingRaised $50 million to speed up its bots3D printingarchitecturesystem development.The company is looking to take advantage of3D printingand automated robotics to offset more than half of the manual labor required to build a new home and reduce the construction period from nine months to just 30 days.

Diamond Age founder and CEO Jack Osland said: “Having an affordable
housing
It is the common expectation of people all over the world. Demand for housing continues to increase as the average age of first-time homebuyers rises from their twenties to their thirties, making the overall housing market more competitive.Help people in need of housing to buy a set of their own
House
, contributing to the stability of the entire housing ecosystem. “

△Robot 3D printing gantry system in the Diamond Age. Image via Diamond Age.

The Diamond Age, Robotics and 3D Printing

Diamond Age was founded with the vision to address a shortage of nearly 7 million single-family homes in the U.S. housing market by reducing the construction cycle to build new homes.It is reported that the company is building 26 3D printing-capable arm-mounted robotic tools that move along a gantry system to print the interior and exterior walls of houses. The company’s Robotics-as-a-Service (RaaS) system includes 3D printing, mechatronics and robotics to automate the process of building new homes. Since raising $8 million in seed funding last August, Diamond Age has expanded its robotic 3D printing system and plans to build a 2,000-square-foot, single-story home. The company delivered the first scale version of its system, as well as a full three-bedroom, two-bedroom house in 11 months, four months ahead of schedule.

Against the backdrop of this success story, Diamond Age has signed its first contract with a national homebuilder, which will be announced in the coming days.

△3D printing technologyIncreasingly being utilized in house construction, BOD2 printed floors. Image via COBOD.

Responding to America’s Affordable Housing Crisis

Diamond Age has raised its total funding to date to $58 million following its massive $50 million Series A round.This round of financing was funded by Science VenturesInvestPrime Movers Lab led the investment, which also led the company’s seed round last year.Previous investors Alpaca VC, DolbyFamily Ventures, Timber Grove Ventures and Gainels all participated in the round, and new investor Signia VenturePartners also joined. 20% of the round was also made up of production home builders and land developers. Diamond Age will use the latest capital infusion to continue expanding its robotics platform and execute its first commercial homebuilding contract.The company has doubled in size since its inception and plans to bring in more engineeringtalentto continue to achieve its goals.Diamond Age also said the growth in talent will help further work with home builders and developers to turn home building into an on-demand product and ultimately give buyers more options to customize and personalize their own. houses.

Suzanne Fletcher, General Partner, Prime Movers Lab: “Diamond Age’s on-site factory system brings automation to construction sites to fill a massive labor shortage in the home building system. Jack and his team have reached key milestones ahead of schedule, and is changing the way production homes are built, so Prime Movers Lab’s Series A round was a no-brainer.”

△ICON’s 3D printed houses have entered the housing market. Photo courtesy of ICON Company.

3D printing cheaper, faster homes

Since construction firm PERI Group announced in 2020 that it had begun construction of the “world’s first” 3D-printed commercial apartment building, multiple projects have deployed additive manufacturing to manufacture commercial residences and accommodation.For example, Lafarge Holcim’s Zimbabwe subsidiary has announced plans to use its concrete 3D printing method to build affordable, low-carbon homes in the country, while Dutch construction company CyBeConstruction has started working with concrete specialist Betonindustrie Brievengat (BIB) to build a new project in the Caribbean Build its first 3D printed home.

last October, Texas3D printing companyICON announced that it will build the largest 3D-printed residential community to date in Austin, Texas, following the listing of the first 3D-printed home in the U.S. domestic real estate market in March.

Recently, building3D printerManufacturer COBOD’s system was used to create three new low-cost homes for rural Americans.In addition, building3D printing companyAzure Printed Homes has also been awarded a contract to provide 14 3D-printed prefab homes in Ridgecrest, California, made entirely from recycled plastic.

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Diamond Age raises $50 million to advance robotic 3D-printed building systems

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