Arxx Building Products is an Ontario maker of green building supplies and designs, including the walls and foundations of new homes. The company helps homeowners save money by lowering energy costs for cooling and — especially for Canada — heating.
The company is already selling its products, including a new installation in Lake of the Ozarks, Missouri. According to an article about the development in STLtoday, using Arxx flooring and walls also reduces insurance costs.
There are several other green- and efficient-building startups out there. Serious Materials (coverage here) is a direct, well-funded competitor to Arxx, while GigaCrete (coverage here) makes environmentally friendly cement.
The $5 million funding was provided by MMV Financial, according to VentureWire, which reported the funding. The company also took $16 million in February, led by Nth Power and Emerald Technology Ventures, with participation from Element Partners.
2 Comments
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Chuck Marunde said:
I’m a retired real estate attorney of 20 years and now a Realtor/Owner/Broker. At first I thought that building green was just a fad, but there’s no question that technology has enabled us to build energy efficient, substantially improve the health components of our homes, and avoid polluting our environment to such extents. It’s great. Thanks for your post.
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Ray Blake said:
Great news. I really believe in the idea of going green. We should always be looking for ways to make the world a better place. My company, Blake Products is doing everything we can to recycle and produce green products. I’m glad to see a push for more green products
Thanks
Ray Blake, Blake Products
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11:43 am
Arxx Building Products raises $5M for green building materials : The Green Attorney said:
[...] Arxx Building Products is an Ontario maker of green building supplies and designs, including the walls and foundations of new homes. The company helps homeowners save money by lowering energy costs for cooling and — especially for Canada — heating. The company is already selling its products, including a new installation in Lake of the Ozarks, Missouri. According to an article about the development in STLtoday, using Arxx flooring and walls also reduces insurance costs. Click here for the rest of the article. [...]