Amazon Makes First Investment in a Homebuilder

Posted by Eugene Kim

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Amazon has made it clear that it wants to own the smart home space. Now the company’s going a step further, taking a stake in a start-up that’s building actual homes.

On Tuesday, Amazon said its Alexa Fund invested in Plant Prefab, a Southern California company that says it uses sustainable construction processes and materials to build prefabricated custom single- and multifamily houses. The start-up is aiming to use automation…Click here for full article

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