**Mare Island, California, July 10, 2019 /PRNewswire/ – Factory_OS, a trailblazer in reshaping home construction by delivering affordable and sustainable multifamily homes while fostering job creation and driving innovation, has secured strategic investments from Autodesk, Inc. (NASDAQ: ADSK), and Citi (NYSE: C). These investments aim to tackle the escalating affordable housing crisis affecting the San Francisco Bay Area and beyond.** ![](http://bsg-i.nbxc.com/blog/b72d6cc4b5cff8cff1a404a479201b95.jpg) *Factory_OS Logo* This latest round of funding strengthens Autodesk's partnership with Factory_OS, particularly by aiding in the establishment of the Factory Floor Learning Center—a dedicated hub for education and research into industrialized construction and the necessary public policy reforms to maximize its advantages. This initiative will be spearheaded by the Terner Center for Housing Innovation. Additionally, the investment will facilitate the formation of a specialized team tasked with designing and building a new Rapid Response Factory. This facility will explore advanced machining techniques while addressing urgent housing needs following natural disasters or emergencies. Through enhanced software collaboration, Autodesk and Factory_OS will streamline design processes, fabrication, and supply chain management. Citi is supporting Factory_OS via its Spread Products Investment Technologies (SPRINT) initiative under the Institutional Clients Group (ICG), launched in 2018 to foster partnerships with innovative tech firms. Citi Community Capital, a division of Citi focused on financing affordable housing and community development projects, is also involved. In 2018, Citi invested over $6 billion in affordable rental housing projects, maintaining its position as the nation’s largest affordable housing lender for nine consecutive years. “Autodesk and Citi are pivotal to our ongoing expansion,” remarked Rick Holliday, CEO of Factory_OS. “We’re thrilled to collaborate with two organizations aligned with our mission to reinvent the construction industry and combat the housing crisis both locally and across urban America.” Andrew Anagnost, CEO of Autodesk, echoed these sentiments: “Factory_OS is pioneering modular homebuilding solutions that are bringing affordable housing within reach for city dwellers. It’s inspiring to partner with Citi in helping families secure safe, quality homes. I’m confident our collaboration will catalyze meaningful progress against the housing crisis nationwide.” Matt Zhang, Head of Spread Products Investment Technologies at Citi, added, “Innovating affordable housing is essential for addressing one of the country’s most urgent challenges. We’re proud to contribute to this transformative effort alongside Factory_OS to meet the rising demand for reliable, high-quality affordable homes.” To learn more about today’s announcement, visit ADSK NEWS. **About Factory_OS** Factory_OS is a volumetric modular construction startup based in the San Francisco Bay Area. With the potential to disrupt traditional construction methods, it focuses on delivering affordable multifamily residential units in urban centers across the U.S. Founded by seasoned industry experts, Factory_OS is committed to sustainable growth and becoming a catalyst for change in the construction sector. Learn more at factoryos.com. **About Autodesk, Inc.** Autodesk empowers creators to design and make anything. From高性能 cars to towering skyscrapers, smartphones to award-winning films, millions of customers use Autodesk’s software to turn ideas into reality. For more information, visit autodesk.com or follow @autodesk. ![](http://bsg-i.nbxc.com/blog/225dba76f50dca84b9d272fb814646a4.jpg) *PRNewsfoto/Autodesk, Inc.* **SOURCE:** Autodesk, Inc.; Factory_OS ![](http://bsg-i.nbxc.com/blog/001c44b9a29076079e683cdc3f4fec6a.gif)

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