3D-printed housing company Icon raises $200 million at a $1.4 billion valuation

3D-printed housing is still in its infancy, but the leader in the space, Icon, just got a strong boost of capital and confidence from one of the largest institutional investors in the world. Icon announced $200 million dollars in seres D funding, co-led by Blackrock and Baillie Gifford among other i...

3D-printed housing company Icon raises $200 million at a $1.4 billion valuation

3D-printed housing is still in its infancy, but the leader in the space, Icon, just got a strong boost of capital and confidence from one of the largest institutional investors in the world. Icon announced $200 million dollars in seres D funding, co-led by Blackrock and Baillie Gifford among other investors, bringing Icon's total funding to $700 million dollars, with a valuation of $1.4 billion dollars. CNBC's Diana Olick spoke with Icon co-founder and CEO Jason Ballard about the new technology and what this funding round means for the future of the company.

This story was originally published by cnbc.com. Use the link below to read the full article at the source.

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