Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Midwest  + Office  | 

Rival Holdings Invests in Automated Architecture

Fort Wayne, Indiana-based Rival Holdings has invested in Automated Architecture (AUAR), a U.K.-based tech company building a distributed micro-factory network for sustainable timber housing.

AUAR partners with home builders and contractors in Europe and North America, licensing its technology to build low-energy homes at the price of normal homes, at scale. AUAR was founded in 2019 by Mollie Claypool, CEO, and Gilles Retsin, CTO & Chief Architect, after working together for over a decade researching how robotics, generative design and AI could radically transform housing.

“Rival is thrilled to partner with AUAR,” said Rival Holdings CEO Brad Crawford. “We are both an investor and a customer, and we look forward to the innovation and disruption that will be created in the market through their technology and vision.”

Co-Founder & CEO of AUAR Mollie Claypool said, “Robots and AI allow us to deliver high-quality housing at significantly lower costs, increasing margins and productivity while lowering the cost for the end users.”

Connect

Inside The Story

Rival HoldingsAutomated Architecture

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

New call-to-action
New call-to-action