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Katerra was an American technology-driven off-site construction company. It was founded in 2015 by Michael Marks, former CEO of Flextronics and former Tesla interim CEO, along with Fritz Wolff, the executive chairman of The Wolff Co. Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017.
Jun 8, 2021 · The California-headquartered construction startup Katerra announced that it filed for Chapter 11 bankruptcy. Given the company's ties to Softbank and Greensill Capital, this type of corporate ...
Jun 18, 2021 · On June 7, the high-profile AEC startup Katerra filed for bankruptcy, having spent more than $2 billion in just over six years. Its insolvency concludes the most well-funded attempt to redefine the architecture and construction industries through modular design, prefabrication, and supply-chain integration.
Jun 1, 2021 · After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The ...
Jun 7, 2021 · Katerra, a Silicon Valley startup backed by billions of dollars in investment, will soon be closing. The Information reported earlier this week that Katerra notified employees that it plans to...
Jun 7, 2021 · Construction firm Katerra Inc. filed for bankruptcy protection in the U.S., bookending the implosion of a startup that raised about $2 billion from investors including SoftBank Group Corp. The...
Jun 7, 2021 · Katerra, the US construction start-up backed by SoftBank’s Vision Fund, filed for bankruptcy with more than $1bn in liabilities, becoming the second leading company in the Japanese...
Oct 13, 2021 · What does Katerra’s demise mean for the contech and modular industries? Once valued at $4 billion, the firm was not able to convince developers and builders to move away from their traditional...
Jun 10, 2021 · Katerra India, a technology driven company engaged in building construction projects and solutions, and part of the US-based Katerra, said that it will continue its India business.
Jun 7, 2021 · Katerra has reportedly told employees it plans to shut down, marking the collapse of the SoftBank-backed construction firm that had raised more than $2 billion to slash the cost of building apartments.
