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        Mighty Buildings, a developer of prefabricated, single-family housing, and accessory dwelling units (ADUs), raised USD 52 million in a Series C funding round co-led by Waed Ventures and Bold Capital, with participation from Khosla Ventures.
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        The recent funding round, reportedly valuing the startup at approximately USD 300 million to USD 350 million, increases Mighty Buildings' total raised capital to USD 150 million.&nbsp;
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        The company plans to utilize the funds to expand its presence in North America and the Middle East, with a specific focus on Saudi Arabia. Additionally, the funding will support the launch of the company's upcoming modular homebuilding kit.&nbsp;
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    <a href="https://www.mightybuildings.com/press-release/mighty-buildings-raises-52-million-co-led-by-aramcos-waed-ventures-and-bold-capital-to-accelerate-global-expansion">
      Press release
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  <p>
    <a href="https://techcrunch.com/2023/09/12/mighty-buildings-raises-52m-to-build-3d-printed-prefab-homes/">
      TechCrunch
    </a>
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Prefab Tech

DISRUPTOR_PRESENT

Mighty Buildings has raised $52 million in a Series C funding round led by Waed Ventures and Bold Capital, with participation from Khosla Ventures. The funding round values the prefabricated housing developer at around $300 million to $350 million. Mighty Buildings plans to use the funds to expand its operations in North America and the Middle East, particularly in Saudi Arabia. The company is also gearing up to launch its modular homebuilding kit. This latest funding brings Mighty Buildings' total raised capital to $150 million.

Mighty Buildings raises USD 52 million in Series C funding

PROMINENT_CATEGORY

UK company Premier Modular has been chosen to build a modular barn surgical theater worth £19.8m at Maidstone Hospital. The facility is part of a nationwide scheme to create more than 50 surgical hubs in England to tackle long waiting lists by increasing hospital capacity. Premier Modular has worked with P+HS Architects and HMY Architects to design the building, with SES Engineering Services overseeing the mechanical and electrical elements. Construction will be completed in January 2024, with patients set to be treated from March 2024. Premier Modular specializes in offsite modular building, offering interim modular construction and prefab building solutions.

Premier Modular to build UK's first modular barn surgical theater

INCUMBENTS_PRESENT

Skyline Champion has agreed to acquire Regional Enterprises, an independent manufactured housing dealer, for approximately $328 million. The acquisition will also include taking on $130 million in debt. Skyline Champion will use available cash and $30 million worth of common stock to fund the purchase. The deal is expected to be finalized in the third quarter of 2024, pending regulatory approval. Regional Homes, the fourth largest HUD manufacturer in the US, has three manufacturing facilities in Alabama and 43 retail sales centers in the southeastern region. The acquisition could allow Skyline Champion to expand its distribution in Alabama and Mississippi, generating additional income.

Skyline Champion to acquire Regional Homes

Sustainable housing provider nHouse has successfully raised over £0.18 million through crowdfunding on Crowdcube. The company exceeded its target of £0.15 million, with 542 investors participating. The funds will be used to strengthen marketing efforts, increase sales, improve design projects, and provide business support as nHouse pursues volume contracts.

All Updates

Mighty Buildings raises USD 52 million in Series C funding

Premier Modular to build UK's first modular barn surgical theater

Skyline Champion to acquire Regional Homes

nHouse raises more than GBP 0.18 million in crowdfunding

Studio Shed expands multi-unit prefab solutions with new project in hospitality sector

Premier Modular secures undisclosed amount in funding

ICON and Lennar initiate house sales in Texas' first 3D-printed community

COBOD International and Emergent complete first 3D-printed home in wildfire-impacted California

AIDS Healthcare Foundation acquires majority stake and partners with Crate Modular

Clayton introduces energy efficient eBuilt homes