US-based homebuilding platform Higharc has received a significant investment to expedite the adoption of its generative design technology and improve the homebuilding process.
Standard Investments, the investment division of global industrial company Standard Industries; venture capital fund handled by home improvement retailer Home Depot Ventures; and Autodesk former president and CEO Carl Bass have made the investment.
Higharc’s intelligent data model uses automation to simplify house design data and construction papers, resulting in a more efficient and cost-effective method of scale-producing homes.
Carl Bass said: “Revit and BIM transformed the architecture industry, and I see Higharc’s generative design platform having a similar transformative effect on homes.
“I am thrilled to join the journey with Higharc, a pioneer in its field, as they lead the charge in reshaping the construction landscape and redefining how homes and communities come to life.”
Higharc’s platform generates every detail required to design, sell, and build homes at a fraction of the cost of conventional software.
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This approach allows purchasers to customise their new houses using online 3D models, significantly improving the builder’s capacity to deliver these homes to market.
Higharc CEO Marc Minor said: “We are thrilled to have Home Depot Ventures, Standard Investments, and Carl Bass join Higharc to bring innovation to the homebuilding industry.
“Transformational change in critical industries like homebuilding depends on robust partnerships.
“The decision of these industry leaders to support Higharc as we expand our platform speaks to the calibre of our team and the impact Higharc has made for builders across the country.”