In an email to employees last week, Katerra CEO Michael Marks had a few uplifting thoughts on the year gone by. His startup, which seeks to transform the $12 trillion global construction industry through technology and automation, has grown to more than 8,000 employees, is nearing profitability and will soon open a new state-of-the-art factory in California. Clients are returning, he wrote, and the company has more than $15 billion worth of building projects in
source https://therealdeal.com/2019/12/16/softbank-funded-construction-startup-katerra-promised-a-tech-revolution-its-struggling-to-deliver/
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