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LATICRETE

MaterialsBethany, CT, USAFounded 1956· One of 961 Materials companies tracked by AMPulse

Develops cement-based 3D printing mortars for construction additive manufacturing, enabling automated building of homes, schools, and commercial structures with rheology-tuned materials compatible with various large-scale printers.

CEO / Founder
Patrick Millot
Team Size
1001-5000
Stage
Active
Total Funding
$9.9M
Latest Round
Debt
Key Investors
PPP

Technology & Products

Key Products

LATICRETE offers construction materials including tile & stone installation systems, 3D printing mortars (M23, M31), adhered façade systems (MVIS™), concrete preparation, shower systems, and floor heat. Their 3D printing mortars enable additive manufacturing for construction applications.

Technological Advantage

VERIFIED: Patented acoustic dispersion technology ensures material homogeneity (<0.5% error), and military-grade epoxy formulations (e.g., SpectraLock Pro) offer corrosion resistance; DEFENSIBLE through patents and trade secrets in mortar chemistry.

Differentiation

Value Proposition

Reduces construction labor dependency by 30-50% through automated 3D printing, cuts material waste by up to 60% compared to traditional methods, and enables rapid deployment of structures in days versus weeks, addressing global labor shortages and sustainability goals.

How They Differentiate

Specializes in 3D printing-specific mortars with rheology tuning for automated construction, unlike MAPEI and Sika which focus on traditional tile adhesives; offers compatibility with multiple 3D printer types, reducing integration time by 40% compared to generic cement suppliers.

Market & Competition

Target Customers

Professional 3D construction industry, including contractors, builders, and manufacturers of 3D printed buildings

Industry Verticals

Construction; Building Materials; Additive Manufacturing

Competitors

MAPEI, Sika, ARDEX

Growth & Milestones

Growth Metrics

Revenue $319.1M annually; employee count grew 5% last year; expanded to 100+ countries with 1,600+ employees worldwide

Major Milestones

Founded in 1956; Launched 3D printing mortars in 2019; Named Patrick Millot CEO in 2020; Acquired majority stake in fuma-Bautec in 2024

Notable Customers

Printed Farms (Florida 3D printed structure); Twente Additive Manufacturing (3D printed concrete buildings)

https://www.laticrete.com

Why this company matters

LATICRETE occupies a unique position in construction additive manufacturing by adapting decades of cement-based materials R&D to 3D printing mortars. Unlike traditional tile and stone installation suppliers, the company has developed rheology-tuned mortars specifically for large-scale extrusion (MEX-3DCP) systems, addressing labor shortages and sustainability goals in the built environment.

The company's core technology centers on cement-based mortar formulations optimized for layer-by-layer deposition. Products such as M23 and M31 are designed to achieve precise flow and setting properties compatible with multiple large-scale printer types. LATICRETE's patented acoustic dispersion technology ensures material homogeneity with less than 0.5% error, while military-grade epoxy formulations offer corrosion resistance for demanding applications.

Target customers include professional 3D construction contractors, builders, and printer manufacturers. Notable projects include a 3D printed structure by Printed Farms in Florida and concrete buildings with Twente Additive Manufacturing. The company also partners with Ball State University and large-scale printer operators in Dubai, serving verticals from residential homes to commercial structures.

LATICRETE competes with MAPEI, Sika, and ARDEX but differentiates through 3D printing-specific mortar chemistry and compatibility across printer platforms, which reduces integration time by an estimated 40% versus generic cement suppliers. With $319.1M in annual revenue and a presence in over 100 countries, the company leverages established distribution and brand trust in construction materials. The key open question is how quickly the construction 3D printing market, projected at $1.5B by 2028, will scale to support dedicated mortar product lines.