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BlackRock and Baillie Gifford co-led a $200 million funding round for 3D-printed home company Icon.
3D-printed real estate company Icon announced the completion of a $200 million Series D funding round, co-led by funds managed by BlackRock and Baillie Gifford. This round brings Icon's total funding to $700 million, valuing the company at $1.4 billion. Icon's 3D printing technology can reduce home construction time by six weeks and costs by 40%. The company has secured over $370 million in government contracts from the U.S. military and NASA for projects such as lunar base construction.
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