Diamond Age

Automates home construction using robotics and AI

Pleasanton, California, United States

About Diamond Age

Diamond Age addresses the housing shortage in America by automating the construction process using robotics and artificial intelligence. Their main product, the Mobile Automated Construction Engine, acts as a portable assembly line that can automate a significant portion of construction labor, currently at 27% with plans to increase to 55% by 2024. This technology allows for faster and more cost-effective home building, making home ownership more accessible. Unlike traditional construction methods, Diamond Age's homes are designed to be 30% more efficient and meet high safety standards for natural disasters. The company's goal is to provide affordable, efficient, and resilient housing solutions, setting them apart from competitors in the construction sector.

Pleasanton, CaliforniaHeadquarters
2018Year Founded
$56.4MTotal Funding
SERIES_ACompany Stage
Industrial & Manufacturing, Consumer GoodsIndustries
51-200Employees

Risks

Competition from companies like ICON in construction automation.
Potential over-reliance on venture capital funding for financial stability.
Rapid tech advancements could render current systems obsolete without innovation.

Differentiation

Diamond Age automates 27% of construction labor, aiming for 55% by 2024.
Their homes exceed Seismic B earthquake and Category 5 hurricane codes.
Mobile Automated Construction Engines make home building 30% more efficient.

Upsides

Raised $50M in Series A funding, boosting growth potential.
Recognized for innovation in construction at the 2023 Best of Proptech awards.
Increased demand for affordable housing expands market reach.