Automated Architecture, a London-based tech company founded in 2019 by Mollie Claypool and Gilles Retsin, recently announced the successful completion of a £2.6M Seed funding round. The funding was led by Miles Ahead, with participation from Robotics & Discrete Automation and Robotics & Automation Ventures (ABB RA Ventures), Rival Holdings, Morgan Stanley, and several other investors. The new capital injection will be used to support the expansion of the company's partner license network, with plans to bring on board ten additional partners, as well as to scale up operations in the US.
Automated Architecture is focused on building a distributed micro-factory network for sustainable timber housing.
By leveraging robotics and artificial intelligence, the company aims to empower local ecosystems of communities, contractors, architects, and developers to construct high-quality, low-energy homes at a fraction of the current cost. Through its innovative business model, Automated Architecture licenses its robotic micro-factories and tech stack to a network of home builders, enabling them to produce sustainable homes on a large scale.
CEO Mollie Claypool emphasized the urgent need for affordable, energy-efficient housing solutions, highlighting the challenges currently faced by the construction industry. She expressed confidence in the company's ability to disrupt the traditional building sector by offering a cost-effective and scalable approach to sustainable home construction. With the support of its investors and partners, Automated Architecture is poised to make a significant impact on the housing market, driving positive change in the industry.
# | Investor | Sector | Stage | Activity | Team | Connect |
---|---|---|---|---|---|---|
1 | Miles Ahead | 1 investment(s) investment(s) | more info | |||
2 | Robotics & Discrete Automation | 1 investment(s) investment(s) | more info | |||
3 | Robotics & Automation Ventures (ABB RA Ventures) | 1 investment(s) investment(s) | more info | |||
4 | Rival Holdings | 1 investment(s) investment(s) | more info | |||
5 | Morgan Stanley | 1 investment(s) investment(s) | more info |
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