Facebook, Google, Autodesk and Citi were among the participants in a round that will help modular housebuilder Factory_OS increase production.
US-based modular housing provider Factory_OS has secured $55m in a series B round that included internet technology provider Google, design software producer Autodesk and social media company Facebook.
Asset management firm Lafayette Square led the round, which also featured financial services firms Citi and Morgan Stanley.
Factory_OS develops affordable prefabricated housing units in the San Francisco Bay Area. It uses off-site construction and on-site installation processes in a bid to boost quality, lower costs and complete projects faster than with…