Intelligent City Raises $30m to Advance Urban Housing
Summary
We are focused on revolutionizing an industry that is notoriously slow to innovate while making a significant impact on our climate with lower carbon emissions from the construction and operations of buildings, explained Oliver Lang, CEO, and Co-Founder of Intelligent City. Intelligent Citys end-to-end, product-based approach uses proprietary parametric software for design, construction cost estimation, carbon footprint confirmation, material quantifications, and precision manufacturing. In combination with mass timber construction, Intelligent City utilizes the energy-efficiency standards of Passive House design to achieve a 90 percent carbon emissions reduction in its buildings. The innovations SDTC funds help solve some of the worlds most pressing environmental challenges: climate change, regeneration through the circular economy, and the well-being of humans in the communities they live in and the natural environment they interact with. NGen works to strengthen collaboration among its more than 4,500 members, and provides funding and business support to industry-led initiatives that aim to develop, apply, or scale-up transformative manufacturing solutions in Canada for commercialization in global markets.