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Construction tech, offsite startup Katerra raises $130M

April 26, 2017

Despite being a newcomer to an active and growing market segment, Katerra has so far managed to pull in major investor interest. That is likely due in part to its executive chairman, Michael Marks, who previously served as the CEO of tech manufacturing supply chain platform Flex. Marks told Fortune that he aims to use that logistics knowledge to improve construction.

However, some of the company’s critics question its ability to effectively take on so many steps of the building process.

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