LATICRETE
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
- $5M
- Latest Round
- Venture Round
- Key Investors
- PPP
Technology & Products
Key Products
M31 3D Printing Mortar; M68 Mortar; Cement-based 3D printing mortars for various printer types
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 S.p.A.; Sika AG; ARDEX GmbH
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)