Monday 27 August 2018

“Every day is a fire drill”: Construction startup Katerra struggles to stay on track as it scales up

Construction startup Katerra — valued at $3 billion following an $865 million funding round in January including SoftBank — is struggling with delays and quality control as the company tries to scale up. Many in the real estate industry are paying close attention to the three-year-old company, which aims to cut costs by streamlining the construction supply chain. But the company’s faced challenges such as scaling up automation at its flagship factory in Arizona, which […]



source https://therealdeal.com/2018/08/27/every-day-is-a-fire-drill-construction-startup-katerra-struggles-to-stay-on-track-as-it-scales-up/

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