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 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.
Current occupation
Mighty Buildings
Slava is the CEO and co-founder of Mighty Buildings. This tech company is changing the construction industry by building beautiful, sustainable homes using advanced materials and patented 3D printing technology. 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. 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 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 it’s not an “either/or”. Mighty Buildings developed technology that can increase productivity and reduce 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. Along with more than 300 other influential companies, it has committed to the Climate Pledge initiative of Amazon.
Ruvento Ventures
Another of Slava’s great achievements is co-founding Ruvento Ventures, a startup incubator and a seed capital firm in Singapore in 2012. Slava started with the incubation of 12 IoT startups, some of which raised follow-on funding and two of which were later acquired.
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). 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.
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.
Early career background
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 designed a number of support measures including tax incentives for tech projects, which were later incentivized across more than 1000 startup companies.
Education, community services, and eco-activism
Slava graduated from Nizhniy Novgorod State Technical University named in R.Y. Alekseev (NSTU) in 2004 with an MSc in Physics. He graduated from Imperial College London in 2007 with a MBA. There he also studied Entrepreneurship, Venture Capital and Entrepreneurship. He was a student and participated in many clubs. Slava worked closely with Imperial College scientists to complete feasibility studies for commercialization.
Slava is completely committed to the cause of saving the planet. This commitment extends far 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. After learning Mandarin in China and Singapore, he adopted the nickname “Si Lei” (SiLei). This nickname is a favorite of his in interactions with people from all around the globe.
To learn more about Slava (斯雷) Solonitsyn Twitter account go this webpage: visit here