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Katerra was an American technology-driven off-site construction company. It was founded in 2015 by Michael Marks, former CEO of Flextronics and former Tesla interim CEO, along with Fritz Wolff, the executive chairman of The Wolff Co. [3] Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017. [4]
Nov 24, 2021 · Modular builder CEO: 'Katerra's failure was spectacular' The head of Volumetric Building Companies shares why he purchased the bankrupt firm's California factory and how he will avoid similar...
Jun 8, 2021 · Construction startup Katerra has filed for Chapter 11 bankruptcy, and the issue only adds to controversy surrounding SoftBank and Greensill. The California-headquartered construction startup ...
Oct 13, 2021 · What does Katerra's demise mean for the contech and modular industries? Once valued at $4 billion, the firm was not able to convince developers and builders to move away from their traditional...
Jun 7, 2021 · Katerra, the US construction start-up backed by SoftBank’s Vision Fund, filed for bankruptcy with more than $1bn in liabilities, becoming the second leading company in the Japanese conglomerate...
Jun 1, 2021 · After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The ...
Jun 29, 2021 · The downfall of Katerra shows how the Silicon Valley strategy of growth at any cost can backfire in complicated industries like real estate.
Jun 7, 2021 · Construction firm Katerra Inc. filed for bankruptcy protection in the U.S., bookending the implosion of a startup that raised about $2 billion from investors including SoftBank Group Corp.
Katerra connects Building Information Modeling (BIM) tools and computational design directly to its ERP global supply chain infrastructure for the ease of material ordering, manufacturing, tracking, and delivery.
Oct 28, 2019 · As Katerra strives to digitally disrupt the construction industry and “productize” the way we build, CEO Michael Marks discusses lessons learned and aspirations.
