Slava Solonitsyn, a tech entrepreneur and venture capitalist, is an ESG expert with over 17 years experience in the design and development of new products, mentoring, investing and community building in Europe and the US.
He has extensive expertise in launching and scaling up startups. His primary areas of interest include IoT, hard tech, and construction. Slava is passionate for tech startups that have a lasting impact. He is currently pursuing his own impact goal by advancing the construction industry through automation and 3D printing, but is also helping select founders, who have their own high-impact missions as an angel investor and advisor. He is intimately familiar with American and Singaporean markets, but is currently exploring the potential of SEA, LATAM and MENA as they will be the key drivers for the future of humanity (from the standpoint of population and impact).
Slava is a well-known global expert and is often invited to speak at the most important startup and global business events such as Collision and F.ounders. His unique experience in scaling complex startups, solving ESG problems, as well as his VC background, make him a highly sought-after angel investor.
Slava is CEO and Co-founder of Mighty Buildings, a tech company that is revolutionizing the construction industry by creating beautiful, sustainable, high-quality homes by using advanced materials, patented 3D-printing technology, and robotic automation. Mighty Buildings has its headquarters in Oakland, California. The company was founded in 2017 by Slava and his business partner Dmitry Starodubcev, and later joined by seasoned executives Russ Atassi, Rene Griemens and Chris Murphy.
Mighty Buildings, under the leadership of Slava, has raised more than $100 million and established itself as a leader for sustainable 3D-printed housing. It counts among its investors such noteworthy names as Khosla Ventures, Bold Capital, Core VC, YCombinator, ArcTern Ventures, Core Innovation Capital, and others. Mighty Buildings is also listed in the top 5% of YC businesses.
As Solonitsyn describes Mighty Buildings: “We are working hard to find a solution for humanity to solve the double-edged climate and housing crisis. Once we identify a path, we will be able to open our platform to real estate developers to unlock production of sustainable homes at scale”.
Mighty Building’s Impact
The construction industry and related building operations generate around 40% of annual global CO2 emissions, according to reports. But the world still needs more housing. Mighty Building believes that it is not an “either/or” choice. Mighty Buildings developed technology that can increase productivity and reduce construction-related emissions. It allows for near-zero waste construction, reduction of embodied carbon, and building cost-effective zero-net energy homes. These methods help the company get closer to its 2028 carbon neutrality goal.
Mighty Buildings is a member ASTM International and Sustainable Brands. Housing Innovation Alliance, Climate HUB and other organizations that address climate change. It has also committed to The Climate Pledge initiative by Amazon alongside more than 300 of the world’s most influential companies.
Another great achievement of Slava is co-founding Ruvento Investments in 2012, which was a startup incubator as well as a seed capital company in Singapore. Slava began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
Slava was Managing Partner between 2015 and 2017. He raised a private fund, made 17 seed-stage investments and two of them became unicorn companies. Two more were valued at over $500M. As a result, the fund he managed brought outsized returns to investors (MOIC 3.7x). Two unicorn companies were among the ones he invested in: Boom Supersonic, which makes supersonic flight accessible in a sustainable manner, and Solugen, which brings clean, sustainable chemicals to all industries.
Slava is still a member of the Board at Ruvento Ventures and serves as a partner in ventures. He also helps the firm pursue an ESG agenda for developing markets such as Southeast Asia.
Background and early career
Slava’s career path started at game development company G5 Entertainment, where he led projects for Sony, Disney, and Electronic Arts. He was active in the development of Russia’s startup ecosystem since 2007. He developed a variety of support measures, including tax incentives for tech project. These were later used to incentivize more than 1000 startups.
Education, community services, and eco-activism
Slava graduated from Nizhniy Novgorod State Technical University named after R.Y. Alekseev ( NSU) graduated from Nizhniy Novgorod State Technical University named after R.Y. in 2004 with a MSc in Physics. In 2007, he earned an MBA from Imperial College London, where he studied Entrepreneurship and Venture Capital. As a student, he launched several university initiatives and participated in various clubs. Slava worked closely with Imperial College scientists to complete feasibility studies for commercialization.
Slava is wholly committed to the mission of saving the planet, and this extends beyond his work. Slava actively promotes the mission through launching eco-friendly initiatives such as beach clean ups. Via his Twitter account, Slava frequently shares useful articles, research, and personal insights on sustainable business, climate crisis response, and impact in proptech.
Slava is a keen kitesurfer and paraglider. He learned to speak Mandarin in Singapore and China, after which he chose “Si Lei ” (SiLei) as his nickname. This nickname is a favorite of his in interactions with people from all around the globe.
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