Gropyus Raises $300M for Ukraine Rebuilding
This is a Ukraine news story, published by TechCrunch, that relates primarily to Markus Fuhrmann's news.
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construction startupTechCrunch
•Gropyus plans to use robots to help rebuild Ukraine better and faster | TechCrunch
75% Informative
Markus Fuhrmann's new startup, Gropyus , has raised $100 million to help rebuild Ukraine 's homes.
The startup uses robots in their factory to reduce construction time and labor costs significantly.
While the prefabricated, timber-hybrid buildings are being built, the company also embeds wiring and software to manage and track every aspect of the building.
Gropus' funding follows approval of the European Investment Bank for a venture debt loan of 40 million .
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