3D-Printing Construction Robotics Firm ICON Secures $200M Series D Funding

Austin-based ICON, a company specializing in 3D-printing construction robotics, has raised $200 million in Series D funding. The investment aims to address the global housing supply shortage and an aging construction workforce. ICON's flagship product, Titan, is a multi-story robotic 3D-printing system designed to build homes at a 40% lower cost and in six weeks less time than traditional methods. The company is also involved in Project Olympus with NASA, developing construction systems for lunar environments.