ICON adds $185M Series B extension led by Tiger Global
ICON confirmed an additional $185 million financing led by Tiger Global Management as an extension of its earlier $207 million Series B.
Evidence notes
- The $185 million was a distinct extension to the August 2021 $207 million Series B.
- Tiger Global Management led the extension.
- The transaction placed ICON's valuation near $2 billion, although the company did not confirm an exact figure.
Company context
ICON is a construction technology company building robotic and AI systems for large-scale additive construction. Its stack combines construction robotics, software, and materials systems for residential, military, and space-related building applications. The company also operates as a direct project delivery partner while productizing its construction platform for external builders.