Slava (斯雷) Solonitsyn

Slava Solonitsyn is a tech entrepreneur, venture capitalist, and ESG expert with more than 17 years of experience in designing and developing new products, mentorship, investing, and community building in Europe, the US, and Asia.

His expertise includes scaling up and launching startups. His main areas of focus include hard tech, IoT, construction and sustainable tech. Slava is passionate for tech startups that have a 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. While he is familiar with the American and Singaporean markets, he is now exploring the potential of SEA and LATAM as key drivers of the future of humanity (from the perspective of impact and population).

Slava is a well-known global expert and is often invited to speak at the most important startup and global business events such as Collision and F.ounders. Slava’s unique experience in scaling complex startups and solving ESG issues, along with his VC background make him a sought-after angel investor.

Current occupation

Mighty Buildings

Slava is CEO and Co-founder of Mighty Buildings, a tech company that is revolutionizing the construction industry by creating beautiful, sustainable, high-quality homes by using advanced materials, patented 3D-printing technology, and robotic automation. 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.

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.

Solonitsyn describes Mighty Buildings as: “We are hard at work to find a solution to humanity’s double-edged climate crisis 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. However, the world still requires 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 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 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. The fund he managed was able to bring in huge returns for investors (MOIC 3.7x). Among the startups where he invested, there are two unicorn companies working towards high-impact goals: Boom Supersonic (making supersonic flights accessible in a sustainable way) and Solugen (bringing clean, sustainable chemistry to every industry).

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. 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 after 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 wholly committed to the mission of saving the planet, and this extends 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. He learned to speak Mandarin in Singapore and China, after which he chose “Si Lei ” (SiLei) as his nickname. This nickname is a favorite of his in interactions with people from all around the globe.

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