Apis Cor

Overview
News
Prefab Tech?
Product stageSegments
Seed
?
3D printed buildings
?

Based in Boston, Massachusetts, Apis Cor develops 3D-printed houses and buildings. The company uses a proprietary material combined with the robotic 3D printer that prints houses within a day. The material, which is in fluid form, is deposited along a predetermined route mapped by the computer. It then solidifies into concrete instantly.

Apis Cor first printed a 409-square-foot igloo-style house in Russia in 2017 at a cost of around USD 10,000. In 2019, the company built a two-story office building in Dubai, which is reported to be the world’s largest 3D printed building (6,900 square feet). The company reports that it builds houses 9x faster than traditional construction. In April 2022, Apis Cor launched the Affordable Housing Cooperative Program (AHCP), to design and develop affordable 3D-printed houses. The initial partners of the project, Eden Village, a home community project in Miami, SMASH, a community land trust in Miami, and VPG Enterprise, a real estate developer based in New Orleans, will commence the development of 3D printed houses in 2023. In August 2022, the company also received approval to use 3D-printed as a replacement for concrete walls by the state of Montana.

Apis Cor has also ventured into developing habitats in Mars by 3D printing houses, after becoming the finalist of the "3D-Printed Habitat Challenge," conducted by the US National Aeronautics and Space Administration (NASA).

In January 2022, Apis Cor received Regulation A+ qualification from the US Securities and Exchange Commission (SEC) allowing the company to raise up to USD 75 million over the next year by selling stocks from both accredited and non-accredited investors subject to certain limitations. In June 2022, the company reported raising USD 35 million led by Rialto markets to accelerate ongoing product development, expand the workforce, and increase the fleet of printers to 400 by 2027.


HQ location:
3060 venture ln Melbourne FL USA
Founded year:
2014
Employees:
11-50
IPO status:
Private
Total funding:
USD 200.0 k
Last Funding:
-
Last valuation:
-
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