All Updates

All Updates

icon
Filter
Funding
ZenniHome receives USD 74 million as grant from Navajo Nation
Prefab Tech
Apr 2, 2024
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Dec 20, 2024
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Funding
Partnerships
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Apr 2, 2024

ZenniHome receives USD 74 million as grant from Navajo Nation

Funding

  • ZenniHome, a developer of prefabricated housing units, has received USD 74 million as a grant from Navajo Nation.

  • The funding includes USD 50 million from the Community Housing and Infrastructure Department to build up to 250 prefabricated housing units for high-need residents across the Navajo Nation and USD 24 million from the American Rescue Plan Act (ARPA) to build a second factory at the former Navajo Generating Station site. 

  • The grant will also enable the company to receive another USD 36 million in additional funding to support the project's completion. Navajo Nation and ZenniHome will collaborate on future initiatives, such as housing for veterans and addicts.

  • ZenniHome manufactures modular, prefabricated housing units that can be used for single-family homes, multi-family developments, and accessory dwelling units (ADUs). The company offers two steel-framed units that incorporate sustainable design principles and smart-home features such as robotic walls and furniture. The options include a one-bedroom 320 sq ft home, priced at USD 90,000, and a two-bedroom 640 sq ft home, which starts at USD 125,000. Moreover, the company claims its modular units can be stacked up to five stories high.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.