Participated · Series A · Jul 2022

Intelligent City designs and manufactures prefabricated mass timber buildings using automation, robotics and proprietary parametric software. Its Platforms for Life (P4L) solution combines mass timber, Passive House energy-efficiency standards, automated manufacturing, and software for design, cost estimation, carbon confirmation and precision manufacturing. The company says its vertically integrated approach delivers nearly 100 percent cost certainty, can yield 1.5x the number of residential units on the same site versus traditional methods, and can reduce life-cycle costs per home by up to 50 percent. Intelligent City is verified to work within the new mass timber high-rise building codes in Canada and the US and reports a pipeline of more than 2,300 homes with projects in Vancouver, Toronto, Ottawa and the United States. It plans to use the recent financing to scale operations, commercialize P4L, grow factory automation, and expand its footprint across and beyond Canada. The firm emphasizes pre-construction lifecycle and performance data to speed construction and improve sustainability, and claims up to 90 percent carbon emissions reductions in its buildings using Passive House and mass timber strategies.