Series D · Robotics
ICON raises $200m Series D for robotic construction
Baillie Gifford and BlackRock-managed funds co-led the financing.
ICON announced a $200 million Series D on October 13, co-led by Baillie Gifford and funds managed by BlackRock. Capital Factory, CAZ Investments, Moderne Ventures, Moonshots Capital, Norwest, Overmatch, The Syndicate and Tiger Global also participated.
The Austin company will use the funding to manufacture and deploy construction robots, open a larger research facility and enter additional US markets. The investment will also support its Titan construction system and Olympus technology for building beyond Earth.
Use of funds
Manufacture and deploy robotic construction systems
Austin R&D facility
Titan and Olympus development
US market expansion
Funding history
Series D · This round$200M