Habitat for Humanity International through its Shelter Venture Fund invested Rs 30 million ($411,000) in Tvasta Manufacturing Solutions to increase production of affordable 3D printed homes in India. Hestia Partners and Capnetic Investments joined Habitat in investing in the construction technology startup.
Tvasta is an IIT-Madras incubate, started in the 3D printed home segment. As the 3D printed construction market grows, startups and nonprofits alike are beginning to leverage advances in concrete 3D printing technology to address the affordable housing crisis.
“The pandemic has only exacerbated the affordable housing crisis, with rising demand as well as material costs. Through the Shelter Venture