FinTechFunding

Diamond Age: Raises $50M in Series A Funding

Diamond Age Raises $50M in Series A Funding

  • Diamond Age, a Phoenix, AZ-based full-stack robotics startup that is automating new home construction, raised a $50m in Series A funding
  • The round was led by Prime Movers Lab with participation from existing investors
  • Additionally, 20% of the round was made up of production home builders and land developers
  • The company intends to use the funds to continue scaling its robotics platform and execute on its first commercial contract to build homes
  • DiamondAge is automating new home construction for the production housing industry
  • DiamondAge delivered its first scaled version of its system as well as a full scale 3-bed, 2-bath house in 11 months – 4 months ahead of schedule
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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