Katerra
American technology company 2015-2022
Katerra was an American technology-driven off-site construction company. It was founded in 2015 by Michael Marks, former CEO of Flextronics and former Tesla interim CEO, along with Fritz Wolff, the executive chairman of The Wolff Co. Katerra was listed on LinkedIn's "Top Startup Companies" to work for in 2017.
In May 2020, it was announced that as a part of an additional $200 million raise, COO and former Schlumberger CEO Paal Kibsgaard would take over from Michael Marks as CEO of Katerra in June. Some of its independent assets in other regions, including the Middle East would continue to exist as independent entity. In June 2021, Katerra announced plans to shut down, laying off remaining employees without paying out earned personal time off or severance.
History
The company was founded in 2015. In January 2018, Katerra took an $835 million investment from Softbank. The investment was made from the Vision Fund.
The company manufactured large building components off-site, particularly for multi-family housing.
“Katerra” enters the record as american technology company 2015-2022. Crown Archives preserves that source wording while asking what Katerra, American and technology can confirm, complicate or overturn.
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Stable identifiers, scientific names and standards terminology offer the best bridge between this overview and specialist evidence. The source revision retrieved here is dated Jun 16, 2026. The linked authority identifier is Q54958664. VIAF identifies the subject as 6153153289892432770005. 2 of 3 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2015, 2017, 2020 and 2021.
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This entry incorporates text from “Katerra” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.