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Miami-based Kind Designs, which 3D prints concrete seawalls designed to function as marine habitat, has closed a $10 million Pre-Series A at a $70 million valuation, doubling a round it originally set at $5 million after investor interest reached nearly $20 million. The company has now raised $21.5 million in total.
NBA forward Kyle Kuzma joined the round alongside returning backers Mark Cuban and former Washington D.C. mayor Adrian Fenty, with participation from NY Angels and TaMiami. “Most climate founders pitch you on saving the planet. Anya pitched me on an opportunity to disrupt a multi-billion-dollar coastal infrastructure market in a way that’s faster, cheaper, and also better for the environment,” commented Cuban.
The funding comes as Kind Designs reports a sharp increase in comm