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.
His expertise includes scaling up and launching startups. His main areas of focus include hard tech, IoT, construction and sustainable tech. Slava is passionate about tech startups with a long-lasting impact. Slava is currently working towards his impact goal, which involves advancing the construction sector through automation and 3D printing. He also assists selected founders as an advisor and angel investor, helping them to achieve their high-impact missions. 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 notable global expert who is frequently invited to present and speak at the most prominent startup and global business events, such as Collision, F.ounders, Web Summit, and the World Economic Forum. 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.
Under Slava’s leadership, Mighty Buildings has raised over $100 million and established the company as a leader in sustainable 3D-printed housing. Khosla Ventures and Bold Capital are among its investors. Core VC, Core VC, Core Innovation Capital, ArcTern Ventures and Core Innovation Capital are also among them. Mighty Buildings is also included in the top YC companies (5% of YC companies).
Solonitsyn describes Mighty Buildings as: “We are hard at work to find a solution to humanity’s double-edged climate crisis 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 Buildings’s Impact
The construction industry and related building operations generate around 40% of annual global CO2 emissions, according to reports. However, the world still requires more housing. Mighty Building believes it’s not an “either/or”. Mighty Buildings has developed technology with the potential to unlock productivity to address the housing crisis while also reducing construction-related emissions. It allows for virtually zero waste construction, a reduction in embodied carbon and the building of cost-effective zero net energy homes. These methods progress the company closer to its 2028 Carbon Neutrality goal.
Mighty Buildings is a member of ASTM International, Sustainable Brands, Housing Innovation Alliance, SME climate HUB, and other institutions which 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 started with the incubation of 12 IoT startups, some of which raised follow-on funding and two of which were later acquired.
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.
Early career background
Slava’s career path started at game development company G5 Entertainment, where he led projects for Sony, Disney, and Electronic Arts. Starting in 2007, he took on an active role in developing the startup ecosystem in Russia. 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 service, and eco-activism
Slava graduated from Nizhniy Novgorod State Technical University named in 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. Upon earning his MBA, Slava focused on commercialization of technology, working closely with Imperial College scientists on commercialization feasibility studies.
Slava is wholly committed to the mission of saving the planet, and this extends beyond his work. Moreover, he actively promotes this mission by launching eco-friendly initiatives, such as beach cleanups. 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 an avid kitesurfer, paraglider, surfer, and snowboarder. After learning Mandarin in China and Singapore, he adopted the nickname “Si Lei” (SiLei). He loves using this nickname in his interactions with people from all over the world.
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