Katerra Raises $865M as It Redefines the Construction Industry

Katerra, a technology company redefining the construction industry, announced today an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and for further investment in its R&D efforts.

“The construction industry is ripe for digital disruption” said Michael Marks, chairman and co-founder of Katerra. “Katerra leverages its own software platform to remove time and costs from building development and construction. This new round of funding will enable us to further invest in R&D and continue to scale the business.”