Wednesday, May 10, 2017

Cover Technologies Finds $1.6M For Algorithm Designed Buildings

Gardena, California-based Cover, which develops technology which uses algorithms and software to build custom, prefab buildings, including backyard studios, has raised $1.6M in a seed funding round. The funding was led by General Catalyst and Khosla Ventures, and also included Fifty Years, Hyperspeed Ventures, and angels. Cover, which was founded in San Francisco in 2014, says it uses computer programs to design prefab structures such as guest homes, backyard studios, pool houses, and other accessory structures. The company's CEO is Alexis Rivas.

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