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. He is currently pursuing his own impact goal by advancing the construction industry through automation and 3D printing, but is also helping select founders, who have their own high-impact missions as an angel investor and advisor. 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 is headquartered 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).
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 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 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 help the company get 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. Along with more than 300 other influential companies, it has committed to the Climate Pledge initiative of Amazon.
Ruvento Ventures
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 began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
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. The fund he managed was able to bring in huge returns for 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.
Background and early career
Slava’s career path started at game development company G5 Entertainment, where he led projects for Sony, Disney, and Electronic Arts. He was active in the development of Russia’s startup ecosystem since 2007. 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 ( NSU) graduated from Nizhniy Novgorod State Technical University named after R.Y. in 2004 with a 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. Upon earning his MBA, Slava focused on commercialization of technology, working closely with Imperial College scientists on commercialization feasibility studies.
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. 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 a keen kitesurfer and paraglider. 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.
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