Why We Invested in Diamond Age

Home construction is about speed, quality & price

Few decisions in life carry as much emotional and financial weight as buying a first home. It is steeped in pride, practicality, and American tradition. Bringing this life-changing purchase within reach for more Americans is a massive opportunity. Prime Movers Lab is extremely proud to announce we led an $8 million seed investment in Diamond Age alongside Alpaca Ventures. Diamond Age is automating new home construction for the planned community market using 3D printing and robotics. This financing round will allow the company to scale its v1 technology to produce a 3-bed 2-bath demonstration home.

Started by serial entrepreneur Jack Oslan and Tesla veteran Russell Varone, Diamond Age shares the Prime Movers Lab ethos of ‘Science and Service’. Jack and Russell are bringing together innovations across manufacturing and materials to create a more desirable product for the first-time homebuyer.

Speed, quality, and price are inextricably linked in homebuilding. How do you optimize for one without sacrificing the others? What got us the most excited about Diamond Age was seeing how they shifted this paradigm through technology and design. Jack and Russell are the perfect team to re-engineer what is possible. The Diamond Age single-family home is what the market wants — affordable, streamlined. This unlocks homeownership for so many, which in turn creates stronger communities and families. This is the democratization of technology at its best!

Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives. We invest in companies reinventing energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture.

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