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Shelter Venture Fund Invests $ 411,000 in 3D Printing Construction Company Tvasta

Tvasta Manufacturing Solutions Ltd, a Chennai-based 3D printing construction startup, said: India.. “

Hestia Partners and Capnetic Investments have also invested private amounts in Tvasta.

In a statement, the company said: Financing Boosting in-house research, launching multiple product lines for a variety of solutions and scaling up construction 3D printing technology across India. “

“This funding will also help us to execute our current orders and extend our project execution capabilities to carry out larger projects.” Tvasta Added.

“The pandemic has only exacerbated the affordable housing crisis due to increased demand and material costs,” said Patrick Kelly, vice president of Habitat’s Turwilliger Innovation Center in the shelter. I did.

“Through the Shelter Venture Fund, Habitat ensures that the most promising and destructive technologies will reach scale and expand the affordable housing market to reach lower-income families who need reliable housing. “I’m helping to do that,” Patrick added.

Founded by IIT in 2016-Madras Alumni Adithya, Vidyashankar & Parivarthan have developed “Made in India” technology Leveraging automation and robotics on 3D printing platforms, we focus on faster, more economical and sustainable construction compared to traditional technology.

Habitat’s investment in Tvasta is based on multi-year collaboration since the company was one of the seven start-ups that participated in Habitat’s ShelterTech India Accelerator Program in 2018.

The Post-Shelter Venture Fund first appeared in TechGraph with an investment of $ 411,000 in 3D printing construction company Tvasta.

Shelter Venture Fund Invests $ 411,000 in 3D Printing Construction Company Tvasta

Source link Shelter Venture Fund Invests $ 411,000 in 3D Printing Construction Company Tvasta

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