Norwest leads ICON USD 207M Series B
ICON completed a USD 207 million Series B led by Norwest Venture Partners, taking disclosed cumulative funding to USD 266 million.
Evidence notes
- Norwest Venture Partners led the completed Series B.
- 8VC, BIG–Bjarke Ingels Group, BOND, Citi, Crosstimbers, Ensemble and Fifth Wall joined the financing.
- LENx, Moderne Ventures and Oakhouse Partners also participated; ICON earmarked the capital for research, manufacturing and expansion.
Company context
ICON is a construction technology company building robotic and AI systems for large-scale additive construction. Its stack combines construction robotics, software, and materials systems for residential, military, and space-related building applications. The company also operates as a direct project delivery partner while productizing its construction platform for external builders.