Factory_OS Raises $55 Million For Its Innovative Efforts To Solve The Bay Area Housing Crunch
November 23, 2020Factory_OS raised $55 million in a Series B funding round, led by Lafayette Square and backed by Autodesk, Citi, Facebook, Google and Morgan Stanley.
Factory_OS Joins Forces With Technology and Finance Leaders to Solve the Housing Crisis
November 20, 2020Factory_OS announced today that it has raised $55 million in Series B funding from six tech and finance industry giants—Autodesk, Citi, Facebook, Google, Morgan Stanley and round leader Lafayette Square. The investment will help Factory_OS accelerate growth and further integrate digital technologies to build multifamily housing.
It’s time to fight for the San Francisco we love, not abandon it
September 27, 2020The city of San Francisco spends at least $600,000 over seven years to build just one unit of permanent housing. By next year, in partnership with Factory OS, Mercy Housing and the Northern California Carpenters Union, Tipping Point will have completed 145 units in under three years for less than $400,000 per unit.
Flush with new cash, modular company plots new factory and big expansion
Fiona Kelliher | SF Biz Times
Vallejo-based Factory OS has grand plans to make modular construction a California staple, starting with its second factory.
This new “Rapid Response Factory” wants to make an assembly line to build post-disaster housing
Adele Peters | Fast Company
Six months after a wildfire destroyed the town of Paradise, California, and killed 85 people, some of the survivors who lost their homes were still living in tents. In Florida, months after Hurricane Michael, others were staying in cars and…
Vallejo’s Factory_OS gets strategic investments to pursue solutions to affordable-housing crisis
Jeff Quackenbush | North Bay Business Journal
As Factory_OS rolls out hundreds of premanufactured housing units from its plant on Vallejo’s Mare Island, the company has received a “strategic investments” from San Rafael-based software giant Autodesk and global bank Citi. The deal is intended to “address the…
Factory_OS Receives Strategic Investments from Autodesk and Citi to Help Address Affordable Housing Crisis in Bay Area and Beyond
| Autodesk's Press Release
We’re excited to announce that today Factory_OS received strategic investments from Autodesk, Inc. and Citi to address the growing affordable housing crisis in the San Francisco Bay Area and beyond. To learn more, check out the press release and the…
Will Google, Amazon and Facebook fix the affordable housing crisis?
Marco della Cava | USA Today
SAN FRANCISCO – From atop his gleaming new headquarters, Salesforce CEO Marc Benioff has an inspirational view of mountains, the bay and an endless Pacific Ocean. But when Benioff looks down, he’s not so happy. Some 60 floors below his…
Factory_OS Wants to Build Your Next Apartment in a Factory
Redshift Video by Autodesk | Redshift
With the global population set to reach 10 billion by 2050, the housing crisis is only going to become more dire. Factory_OS hopes to meet that problem head-on by disrupting the way multifamily housing is produced. By building apartment units…