Former Flextronics, Tesla CEO Aims to Disrupt Construction Industry

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A startup construction firm, Katerra, has building projects in the works all over Northern California, but it has remained quiet until now about its unusual high-tech methods and its backing from finance, real estate, and technology heavyweights.

Katerra, a two-year-old company that says its technology platform brings the efficiency of electronics manufacturing to construction projects, announced Thursday it raised $130 million in a Series C fundraising round from Greenoaks Capital, Foxconn, DFJ, Paxion, Khosla Ventures, and Moore Capital Management.

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