National
SoftBank bails out Katerra with $200M cash injection
Once bitten, twice shy? Not so for Japanese investment firm SoftBank, which despite its ill-fated bet on WeWork has...
Katerra
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National
Construction startup Katerra lays off 400+ employees
SoftBank-backed construction startup Katerra has laid off more than 400 employees, one month after new CEO Paal Kibsgaard stepped...
National
Katerra CEO steps down from construction startup
Katerra CEO and co-founder Michael Marks is stepping down from the Softbank-backed construction startup to work full-time as managing...
National
Katerra signs $650M contract with Saudi Arabia to build 8,000 homes
A SoftBank-backed construction startup that has faced questions about its ability to deliver projects in the U.S., just secured...
National Archive
Warped lumber, failed projects: TRD investigates Katerra, SoftBank’s $4B construction startup
In an email to employees last week, Katerra CEO Michael Marks had a few uplifting thoughts on the year gone by. His startup, which...
Warped lumber, failed projects: TRD investigates Katerra, SoftBank’s $4B construction startup
In an email to employees last week, Katerra CEO Michael Marks had a few uplifting thoughts on the year gone by. His startup, which...
National
Construction startup Katerra closing Phoenix factory
Katerra, a Silicon Valley startup backed by SoftBank, has closed a large factory in Phoenix, weeks after one of...
National
SoftBank-backed Katerra co-founder leaves company’s board
One of Katerra’s co-founders and board members has quietly left the construction tech startup amid reports of layoffs and...