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  1. en.wikipedia.org › wiki › KaterraKaterra - Wikipedia

    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]

  2. marketrealist.com › p › what-happened-to-katerraWhat Happened to Katerra? Bankruptcy, Explained - Market Realist

    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 ...

  3. www.constructiondive.com › news › what-does-katerras-demiseWhat does Katerra's demise mean for the contech and modular...

    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...

  4. techcrunch.com › 2021/06/01 › softbank-backed-constructionSoftBank-backed construction giant Katerra said to be shutting...

    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 ...

  5. www.architectmagazine.com › technology › katerras-2-billionKaterra’s $2 Billion Legacy | Architect Magazine

    Jun 18, 2021 · On June 7, the high-profile AEC startup Katerra filed for bankruptcy, having spent more than $2 billion in just over six years. Its insolvency concludes the most well-funded attempt to redefine the architecture and construction industries through modular design, prefabrication, and supply-chain integration.

  6. www.ft.com › content › a70b6130-b062/4850/8759-4a10a5a26f3dSoftBank-backed Katerra files for bankruptcy - Financial Times

    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...

  7. techcrunch.com › 2020/12/31 › after-burning-through-2-billionAfter burning through $2 billion, Katerra gets a $200 million...

    Dec 31, 2020 · SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically