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DEWANAI
*This is not a real startup. All contents and images shown are for illustration purposes only
$613,569
raised
50%
38
Investors
20M
Valuation
3,000
Minimum ticket
Equity
Offering type
1.07M
Target amount
13
Days left
★
Investment summary
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$1M+ revenue
Company had over $1M in revenue in the past 12 months
Venture-backed
Company is backed by a venture capital firm
$1M+ raised
Company has previously raised over $1M in capital
- We have $23M in pre orders via non-binding commercial contracts $115B landscape industry plagued by high labor and maintenance costs
- Graze expects to reduce labor costs by 50% and increases margins by 5x
- Our robust prototype is actively mowing in the field for our 1st customers
- Experienced technical team with deep industry & robotics expertise
- We’ve raised ~$15M to date via the crowd and traditional investors
- Our mower is environmentally friendly and could eliminate 75% of fuel costs
- This is a new company and has neither generated revenue, nor has it had any significant operating history.
★★
Pitch
★★
Problem
Traditional housing construction is slow and unsustainable
Housing shortage
There is a global shortage of housing. The United States alone needs an estimated 5.24 million housing units, and that number has been growing.
Archaic building methods
The construction industry relies upon outdated methods and materials, delivered by a labor force in increasingly short supply. Traditional solutions have been unsustainable.
Solution
3D printing entire structures using recycled plastic
Dewanai is fundamentally changing the construction industry by leveraging 3D printing technology using recycled polymers to prefabricate modern backyard studios, ADUs and homes faster and more affordably than ever before.
Dewanai homes will be printed in 70% less time, and will be 30% less expensive than traditional building methods—automating and accelerating production to meet urgent housing demands
Fabrication will take place in the Dewanai factory, improving precision & quality. This controlled environment will allow Dewanai to deliver projects faster than have been currently possible.
The 3D manufacturing process and the additive material that are used will meet California and International Residential Codes.
Product
Dewanai printed homes
The Print Material
The primary component of our print material is recycled PETG, a polymer predominantly used for food and drink containers.
The print material produces several desirable properties such as insulation, printability, compressive & tensile strength, stiffness & impact resistance creating a durable and reliable structure.
The Structure
The unique structural & print design creates a complete structure that is monolithically printed – further enhancing the ultimate strength of the composition. Additionally, the geometric designs of the floor, walls, and roof have been optimized & tailored to simplify all subsequent finishings.
Traction
Planning backyard studios for 2022
Since 2019, we have invested over $1,000,000 into engineering and research to design a process for 3D printing homes using recycled materials. While designing the new method, we completed over 40 houses, ADUs, and backyard studios—increasing revenue by 195% from 2019 to 2020, and by 260% from 2020 to 2021. Since launching our website in early January 2022, we have received paid customer deposits for units valued at over $3,000,000.
We start with backyard studios, as their 120 sq ft size means that planning permission is generally not required. Avoiding potential bureaucratic red tape delays will allow us to produce & install at a fast pace.
As the first 3D printed structure printed from recycled materials, we’ve made (and continue to make) more than our fair share of headlines, appearing in over 100 publications in four languages. All publicity has been organic—no PR agency or paid placements.
Customers
Homeowners and homebuilders
Dewanai is a B2C & B2B2C business. We are selling Backyard Studios and ADUs directly to homeowners and investors & through marketplaces; while we sell homes to home builders & developers.
Business model
Strong unit economics
Our gross margins will be 30%. We will collect a small pre-order deposit, 50% of the purchase price upon receiving the order and the balance before the units are shipped.
Property owners will generally pay in cash or arrange their own funding; however, Dewanai also offers a finance program through a financial partner.
Market
Why now
- With more homeowners working from home during and after COVID, there is a high demand for backyard studios and ADUs.
- New materials and faster 3D printers are unlocking new construction methods that are fundamentally changing the industry.
- New government regulations are helping to facilitate faster permit approvals.
Market size & segments
- Backyard Studios
Sheds & Backyard Structures are a $6B industry. The ongoing pandemic and remote-work policies have accelerated the Working from Home (WFH) trend, increasing demand for backyard offices.
- ADUs
Low-cost, implementable approach to infill development. Suited to high-cost cities with little vacant land and abundance of low-density development. $1.8B business in California alone.
- Housing
Home builders in California alone needs to build 2.5M homes by 2030. There will be a substantial increase in demand for fast-to-build small homes.
Competition
How is Dewanai different from other 3D Printing companies?
None of our competitors have capitalized on the true benefit of 3D Printing: its efficiency and mass production.
Competitors are:
- 3D printing panels and assembling conventionally; or
- Erecting a printer on-site and printing exterior concrete walls vertically over a traditional slab.
Our design & process prints the floor, walls & roof in one layer. This means that the complete self-supporting shell for a studio unit is ready for the next stage of assembly in 12hrs from start to finish.
Vision and strategy
A better way to build
Dewanai Printed Homes is disrupting the construction industry by changing the way homes are built. We have a vision where construction projects are built quickly and more affordably while also repurposing existing building materials and cutting emissions instead of having to utilize new resources.
We are ready to take on partners to bring this idea to the next level: a starter production facility that can generate over $7 million* in revenue for the company in 2022, and approximately $20 million* in the following year, when the plant is fully operational. In the future years, we will open similar factories in other states growing Dewanai to become one of the major prefab manufacturers.
Team
We are always a part of something bigger
★★★
Risks & Finance
★★★
Risks
Risks may face by investing in Dewanai
Dewanai is still in an early phase and we are just beginning to implement our business plan. There can be no assurance that we will ever operate profitably. The likelihood of our success should be considered in light of the problems, expenses, difficulties, complications and delays usually encountered by early stage companies. Dewanai may not be successful in attaining the objectives necessary for it to overcome these risks and uncertainties.
Finance
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