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Icon Raises $200M Series D to Scale 3D Homes

By Drooid · · How we work

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Story summary
  • Icon raised $200 million in a Series D round co-led by Baillie Gifford and BlackRock.
  • The financing brings total funding to $700 million, valuing Icon at $1.4 billion.
  • Icon will use the capital to scale its Titan 3D construction system.
  • Icon plans to expand operations to Texas, Florida, Washington, D.C.
  • Wells Fargo will provide mortgages and buyer incentives for Icon’s 3D-printed homes.