Standard Investments
Assembly Line
Standard Investments, Home Depot Ventures, and Carl Bass Back Higharc’s Generative Design Solution to Help U.S. Homebuilders
Higharc, the intelligent homebuilding platform for design, sales, and construction, today announced a strategic investment to accelerate the adoption of its generative design technology and help transform the homebuilding process. The investment was made by Standard Investments, the investment arm of global industrial company Standard Industries; Home Depot Ventures™, the venture capital fund managed by the world’s largest home improvement retailer; and Carl Bass, former president and CEO of Autodesk, Inc., who joins Higharc as an advisor.
Higharc’s platform automatically produces everything needed to design, sell, and build homes at a fraction of the cost compared to traditional software. This also enables buyers to configure their new home using online 3D models and also dramatically speeds up the builder’s ability to get these homes to market.
Nikola Labs Raises Additional Growth Capital to Transform Maintenance in Manufacturing through $29 Million Series A Preferred Round
Nikola Labs announced today that it has received an additional $9 million in Series A Preferred funding, including participation from Standard Investments. The additional capital closes out the Series A Preferred round, giving Nikola Labs over $29 million in fresh capital to pursue growth and raising its total funding to date to $50 million.