A startup that aims to streamline the process of developing modern, eco-friendly prefabricated homes closed its first round of financing.
Connect Homes secured $10.8 million in a Series A funding round, the company said. The money will be used to build and expand on what it calls its patented modular technology.
Brick & Mortar Ventures and Virgo Investments led the round. MetaProp — the New York-based venture capital fund and startup accelerator — Almubader Growth Fund and Wells Fargo Strategic Capital also invested.
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