Katerra To Make Ultra-Strong Wood Panels at New Factory in WA

Xconomy

Bernadette Tansey

Construction tech firm Katerra, a 4-year-old Bay area startup with a big fundraising total, a big backer, and big ambitions, officially opened a big factory today in eastern Washington state.

Katerra’s activities in the construction field range from project management software and design to the manufacture of pre-fabricated structural materials—all resources that contribute to the buildings Katerra constructs itself. With the goal of transforming the construction industry end-to-end through cutting-edge software and materials technology, Katerra has raised a total of $1.1 billion. That includes an $865 million funding round led last year by the SoftBank Vision Fund.

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