Blu Homes, the prefabricated homes company based in
just closed its first institutional round of investment at $60 million.
The company’s homes “feature bright, open floor plans,
soaring ceilings and the latest in green and energy-saving technology”
which can “drop a family’s carbon footprint, energy use and water use by
up to 70 percent.”
The company said its proprietary building science technology
allows its homes to be folded for quick and inexpensive transportation are
built in a 250,000 sq ft converted shipbuilding plant in
The Company says the funds will go toward expanding sales
and marketing and to continue development in technology and design, the company
said. The funding was led by Netherlands-based Skagen Group, and brings the
company to $69 million total raised since its founding in 2008.
