Slava Solonitsyn is a tech entrepreneur, venture capitalist, and ESG expert with more than 17 years of experience in designing and developing new products, mentorship, investing, and community building in Europe, the US, and Asia.
His expertise includes scaling up and launching startups. His primary areas of interest include IoT, hard tech, and construction. 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.
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 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. 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 progress the company 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 of Slava’s great achievements is co-founding Ruvento Ventures, a startup incubator and a seed capital firm in Singapore in 2012. Slava began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
Between 2015 and 2017, while he served as Managing Partner, Slava raised a private fund and made 17 seed-stage investments, two of which grew into unicorn companies and two more of which crossed $500M in valuation. As a result, the fund he managed brought outsized returns to investors (MOIC 3.7x). Among the startups where he invested, there are two unicorn companies working towards high-impact goals: Boom Supersonic (making supersonic flights accessible in a sustainable way) and Solugen (bringing clean, sustainable chemistry to every industry).
These days, Slava continues to serve on the Board of Ruvento Ventures as a venture partner, and is helping the firm to pursue an ESG agenda in developing markets, such as Southeast Asia.
Background and early career
Slava started his career at G5 entertainment where he managed 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. He was a student and participated in many 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. Slava regularly shares valuable articles, research and personal insights via his Twitter account.
Slava is an avid kitesurfer, paraglider, surfer, and snowboarder. He learned to speak Mandarin in Singapore and China, after which he chose “Si Lei ” (SiLei) as his nickname. He loves using this nickname in his interactions with people from all over the world.
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