HydroBlok has secured $6 million in a Series A funding round led by Pier 88 Investment Partners and Andina Capital Partners to enhance manufacturing capacity, scale distribution, and accelerate R&D for its waterproof construction panels.

Target Information

HydroBlok is an innovative company specializing in the production of waterproof and mold-proof construction panels that are designed to serve as alternatives to traditional drywall and oriented strand board (OSB). The company's panels are engineered to enhance durability and functionality in various construction applications, offering a practical solution for both residential and commercial projects.

Recently, HydroBlok has demonstrated significant advancements in construction efficiency, with early results indicating potential reductions in material and labor costs by up to 30%, as well as a decrease in construction timelines by up to 50%. This remarkable improvement is attributed to the unique all-in-one design of their panels, which streamlines the building process.

Industry Overview

The construction industry in the United States is currently undergoing a transformation, driven by the need for more sustainable and cost-effective building solutions. As the demand