Katerra

Katerra was a technology-driven construction company that aimed to revolutionize the building industry by using prefabricated materials and advanced manufacturing techniques. Founded in 2015, it focused on improving efficiency and reducing costs in construction projects, including homes and commercial buildings. By integrating design and construction processes, Katerra sought to streamline operations and enhance quality. However, despite its innovative approach and significant investment, the company faced challenges in scaling its operations and managing costs, leading to its closure in 2021. Its rise and fall highlight both the potential and complexities of innovation in the traditional construction sector.