Plant Prefab, a Rialto, CA-based prefabricated design and construction company announced it has raises $42 million in its recent funding round.
The new round of funding for Plant Prefab includes approximately $30 million in equity led by Brazilian steelmaker Gerdau, as well as $12 million in debt from Silicon Valley-based Western Technology Investments and ATEL Capital. Other equity investors include the Tokyo-based chemical company Asahi Kasei, a Brown University alumni group, and Unreasonable Collective, an entrepreneurship club. This is in addition to early investments from companies such as Amazon and Obvious Ventures.
Plant Prefab is the first Certified B Corporation™ building technology company dedicated to sustainable design, materials, and operations. Our patented Plant Building System™ utilizes advanced digital modeling and fully customizable Plant Panels™ and Plant Modules™ to build custom housing designed by any architect 20-50% faster than site-based methods with superior quality and cost control. Plant Prefab was the first housing prefabricator to announce a net zero goal and has achieved carbon-neutral operations since 2020. We’re backed by leading investors that include Amazon, Asahi Kasei, Gerdau Paris Ventures, Obvious Ventures, and others.
