Strong by Form is thrilled to announce a significant milestone in its journey of sustainable innovation in the construction industry. The company has successfully closed its seed funding round, marking a triumphant finale to an extraordinary year of growth and recognition.
2023 has been nothing short of extraordinary for Strong by Form. The company received over 20 accolades, expanded into a larger workshop, and earned a spot on numerous “startups to watch” lists. In a challenging financing climate, Strong by Form not only met its seed funding goals but exceeded them by over 25%. This remarkable achievement underscores the rapid advancement of the company’s technology and the strong market demand for sustainable structural materials.
But the journey ahead is even more exhilarating. Strong by Form is in the process of setting up its first industrial facility in Europe, finalizing its groundbreaking Woodflow-Core lightweight slabs, and preparing to launch its first products in the market. These developments are a testament to the company’s commitment to shaping the future of construction technology and promoting sustainable building practices worldwide.
Strong by Form acknowledges that none of this would have been possible without the unwavering support of its incredible partners and investors. The company extends a heartfelt thank you to CMPC, Financiera Maderera S.A., Deutsche Bahn, BMW Group, BMW Foundation Herbert Quandt, Dassault Systèmes, Pfeifer Group, Magical, and Savia Ventures for believing in its vision. The company also warmly welcomes its newest allies – MAIF Avenir, Teampact.ventures, VX Ventures, Climate Insiders, Yaku Partners, Ciri Ventures, and COREangels Climate – whose faith in the mission propels Strong by Form forward.
Andrés Mitnik, CEO of Strong by Form, shared his thoughts on this achievement, quoting the legendary Ayrton Senna: “You cannot overtake 15 cars in sunny weather…but you can when it’s raining.” He emphasized the significance of exceeding funding goals during a challenging year, likening it to overtaking cars in the pouring rain. Mitnik praised the extraordinary team at Strong by Form and their dedication, vision, and contributions to positioning the company as one of the world’s leading cleantech startups.
Strong by Form’s journey continues with a focus on merging human creativity, the wisdom of nature, and the capabilities of technology to develop cost-effective, sustainable materials that meet the growing global demand for structural resources. The company is ready to embrace the challenges of the next phase with the same tenacity and spirit that brought it this far.
Strong by Form looks forward to turning challenges into opportunities and continuing to make a significant impact on creating a sustainable future.
Visit the following links to read some of the media coverage about Strong by Form’s successful seed funding round closure: