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Aro Homes $21M Series A
- Business Wire
Aro Homes, the tech-enabled homebuilding startup that designs and builds carbon-negative, precision-engineered and user experience-optimized homes faster and more cost-effectively than traditional homes, today announced its public launch with $21 million in funding. The company was incubated by Innovation Endeavors and represents its continued commitment to funding disruptive businesses in massive industries. Western Technology Investment and Stanford University also participated.
“The way we live has changed, but our homes — and the way we build them — haven’t kept up,” said Aro Homes Co-CEO Carl Gish. “Challenges across the housing market continue to mount, and we are driven to meet this crisis with the urgency it requires. Residential housing contributes 23% of global carbon emissions, and we believe it’s past time we apply technology and design to make homes more sustainable and livable. Aro Homes has partnered with world-renowned architects to design homes that generate more energy than they use and are extremely resource-efficient; using half the water of a comparable home. We are thrilled to announce our launch and set a new standard for housing that is as good for people as it is for the planet.”