Investing in 3D Construction Printing Begins To Take Off With Brights Build on Start Engine
The recently launched 3D Construction Printing startup is trending toward $40k in quickly raised capital, offering investors a way into the future of the construction industryHouston, Texas Dec 30,…
The recently launched 3D Construction Printing startup is trending toward $40k in quickly raised capital, offering investors a way into the future of the construction industryHouston, Texas Dec 30, 2022 (Issuewire.com) - Contact Information
Samarale Becker, CEO
Brights Build Inc.
5718 Westheimer Rd., Ste. 1000 Houston, TX 77057
Brights Build, a Houston-based 3D Construction Printing startup, has recently launched its equity crowdfunding round on Start Engine, at URL, having quickly gained traction, with almost $40,000 already raised.
The company is offering different ingredients to attract investors to the funding round. Brights Build uses 3D construction printing robots to create top-quality, fully customizable affordable homes and even commercial buildings, which could "re-shape the way the construction industry operates," said Becker Samaraie, the company's Founder and CEO.
Brights Build is positioned to offer a budget-friendly way for the dream of home ownership in America to keep becoming a reality that average families can secure for themselves. Contrasting with rising commodity prices and ever-growing overall construction costs, 3D construction printing can deliver construction materials and entire buildings at a fraction of conventional construction costs.
According to Straits Research, the global 3D printing construction market size was worth USD 1.094 billion in 2021 and is expected to reach USD 585.84 billion by 2030, growing at an impressive CAGR during the forecast period (3D Printing Construction Market Research Report, 2022, Straits Research). "This new and highly innovative segment of the construction industry is the fastest-growing market in this universe, and it is so lean, streamlined, and flexible, that it is sure to challenge conventional construction companies and their major overheads that are passed on to families, businesses, and even to governments," Mr. Samaraie stated.
Brights Build is gearing up to become one of the rising stars of this new industry. The company's first project is a community enterprise in Houston, TX, that will feature 150 affordable single and two-story units for local families and businesses. "Samarra Community is going to be the largest 3D printed community in the world, with all the amenities that anyone could hope to find in conventional projects, and that's one of the unique plays that our investors on Start Engine are being offered access to," Brights Build's CEO commented.
The Brights Build funding campaign on Start Engine at URL allows individuals to invest from $341.94 in a company with a pre-money valuation of $8,200,000.00. In total, up to 1,506,097 shares are being made available to investors on the platform, at a price per share of $0.82, with a maximum of $1,234,999.54 in equity being placed on this market.
--ENDS-- Source :Brights Build Inc