Construction technology firms that can speed the building of new houses are drawing an infusion of new venture capital funding.
San Mateo, California-based modular home builder VEEV recently announced a $400M Series D funding round, which the company said would be deployed to scale operations, accelerate R&D initiatives and build additional digital fab production facilities across the US.
Veev uses pre-built panels to assemble homes on site in a process the company claims is four times faster than traditional housing construction, according to a press release.
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