Amazon invests in prefab housing in the US
Amazon has invested in California-based prefab housing startup Plant Prefab.
The funding comes from Amazon’s Alexa Fund, leading to speculation that the company will integrate Alexa-powered devices into homes.
Plant Prefab has received £5.14m in first round funding from Amazon’s Alexa Fund as well as Obvious Ventures.
Paul Bernard, director of the Alexa Fund, said: “Voice has emerged as a delightful technoolgy in the home, and there are now more than 20,000 Alexa-compatible smart home devices from 3,500 different brands.
“Plant Prefab is a leader in home design and an emerging, innovative player in home manufacturing.
“We’re thrilled to support them as they make sustainable, connected homes more accessible to customers and developers.”
Plant Prefab has pledged to use sustainable construction processes and materials when building single and multifamily properties.
Steve Glenn, its chief executive, said: “Plant Prefab is unique in that we’re focused on custom, high quality, very sustainable homes and we have a special facility and a patented building system optimized for this.
“We build based on client’s architects or clients can select from a growing number of homes we offer from world-class architects, all of which can be customized for specific lots and client needs.
“By building in an all-weather facility with lower cost and staff labor, we offer clients a more reliable, time and cost-effective alternative to local, urban general contractors.”