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Construction startup raises US$865m from SoftBank fund

The money will allow Katerra to build more factories, finance research and development projects

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Katerra's fundraising is the latest outsized bet by the SoftBank Vision Fund, which has poured billions into startups, including WeWork and virtual reality company Improbable.

London

OVER just three years, Katerra has grown from a startup with an unusual approach to the construction industry into a company with US$1.3 billion in bookings.

Now, it has drawn support from one of the biggest and most disruptive backers of

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