RAVEN INDIGENOUS CAPITAL MAKES MULTI-MILLION DOLLAR INVESTMENT IN NUQO MODULAR TO EXPAND INDIGENOUS HOUSING AND CHILD-CARE
Summary
VANCOUVER, BC, June 19, 2024 /CNW/ - NUQO Modular and Raven Indigenous Capital Partners are pleased to announce an investment partnership set to revolutionize the landscape of affordable housing and child-care solutions across Canada.NUQO Modular, a trailblazing, woman-led, Indigenous-owned company specializing in modular construction, has received a multi-million-dollar investment from Raven Indigenous Capital, a leading investor in Indigenous and Native American entrepreneurs. NUQO will use the funds to accelerate the construction of affordable housing and launch modular solutions in the child-care and education sectors. "Raven is thrilled to support the next phase of NUQOs growth and development as it expands its offerings of innovative, sustainable, and culturally grounded modular spaces in the housing, child-care and education sectors." said Stephen Nairne, Chief Investment Officer of Raven Indigenous Capital Partners.NUQO is creating a lasting impact in Indigenous communities, having recently completed two award-winning affordable housing buildings, including 82 units of housing, in partnership with the Squamish Nation. A certified B Corp, NUQOs innovative approach to modular building significantly reduces construction timelines and minimizes waste and disposal costs.To learn more about NUQO, inquire about a new project, or explore career opportunities, visit: nuqo.caFounded in 2020 and headquartered in Vancouver, British Columbia, NUQO Modular is a female-led, proudly Indigenous construction company recognized for its sustainable and culturally grounded approach to modular building.