S.I. Container Builds has successfully raised $1.7 million in a Series Seed funding round led by HPA to expand their innovative solutions in sustainable housing using repurposed shipping containers.
Information on the Target
S.I. Container Builds (SICBS) is an innovative startup specializing in transforming recycled shipping containers into versatile living, rental, and working spaces. The company has successfully raised $1.7 million in a Series Seed funding round, led by HPA, which will support the expansion of its production facilities, accelerate its manufacturing processes, and enable the growth of its team.
By utilizing repurposed shipping containers as the foundation for its structures, SICBS creates sustainable and cost-effective homes suitable for both off-grid and on-grid applications. These conversions are designed to serve a variety of sectors including community development, hospitality, and commercial enterprises, effectively minimizing the environmental impact associated with traditional construction methods.
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Industry Overview in the Target’s Specific Country
The demand for affordable and sustainable housing has become increasingly critical in North America, driven by rising living costs and a growing awareness of environmental issues
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HPA
invested in
S.I. Container Builds
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $2M