ICON, which creates homes using 3D printing, has raised an additional $185 million in a round led by Tiger Global Management, TechCrunch has learned exclusively.
The financing is said to be an extension of ICON’s $207 million Series B that was announced last August.
While the Austin-based company confirmed the latest raise, it declined to comment on its valuation or provide further details. However, sources familiar with the deal who wish to remain anonymous told TechCrunch that ICON’s valuation “is now approaching $2 billion” and that some existing investors put more money into the company.
A spokesperson wrote via e-mail: “We are excited for the opportunity to continue partnering with world class investors, board members and organizations at every level.”
Previous backers include Norwest Venture Partners, 8VC, Bjarke Ingels Group (BIG), BOND, Citi Crosstimbers, Ensemble, Fifth …
