Icon Secures More Than $200 Million In Series B Funding Led By Norwest Venture Partners To Support Rapid Growth And Demand For 3D-Printed Construction
Amount Raised
$200 Million
Round Type
Series B
GujaratFinanceTravelDescription
ICON, developer of advanced construction technologies including robotics, software and building materials, today announced it has completed a $207M series B round of financing led by Norwest Venture Partners. ICON also welcomes Jeff Crowe, Managing Partner at Norwest Venture Partners, a leading multi-stage investment firm, to its Board of Directors. From world-renowned architects to the country's largest homebuilders, ICON's line-up of series B investors also includes 8VC, BIG-Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble, Fifth Wall, LENx, Moderne Ventures and Oakhouse Partners. The investment brings ICON's total funding since launching its revolutionary technology to $266 million.
Quick answer
ICON raised $200 Million in a Series B round, dated August 24, 2021. ICON is based in Gujarat, India.
- How much did ICON raise?
- ICON raised $200 Million in a Series B round on August 24, 2021.
- What does ICON do?
- ICONS don’t just live for ‘some day’ or ‘one day’, they’re here for the every day We're ICON!
- Where is ICON based and how big is it?
- ICON is based in Gujarat, India. Fundz records about 24 employees.
- Who are the decision-makers at ICON?
- Fundz holds 3 contacts at ICON, including the Vp Marketing. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Travel around the same time
Companies in the same sectors as ICON that raised within 45 days of this round, from Fundz verified event records.
- ZoomCar raised $7.9M on September 1, 2021.
- Bolt raised $288M on October 8, 2021.
- Bolt raised $47M on October 8, 2021.
- Ensysce Biosciences raised $5.3M on October 6, 2021.
- Modern Treasury raised $85M (Funding Round) on October 6, 2021.
- Kredivo Holdings raised an undisclosed amount (Post-IPO Equity) on September 29, 2021.
Who to call at ICON, and when
A new round usually means ICON is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ICON raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ICON, from your own LinkedIn network
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Funding Insights
What this usually meansICON raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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