Nexii Building Solutions Inc. Company Profile

Background

Nexii Building Solutions Inc. is a Vancouver-based green construction technology company founded in 2019 by brothers Michael and Ben Dombowsky. The company specializes in sustainable building solutions, aiming to revolutionize the construction industry by reducing carbon emissions, energy consumption, and waste. Nexii's flagship product is Nexiite, a proprietary material engineered to be both stronger and lighter than conventional concrete, serving as a low-carbon alternative in construction. The company has achieved significant milestones, including reaching unicorn status in under 31 months, making it the fastest Canadian company to do so.

Key Strategic Focus

Nexii's strategic focus centers on:

• Sustainable Construction: Developing and implementing building materials and systems that minimize environmental impact.

• Innovation in Building Materials: Utilizing Nexiite to create durable, energy-efficient, and low-carbon buildings.

• Rapid Deployment: Accelerating construction timelines through prefabricated panels, reducing build times by up to 75% compared to traditional methods.

• Market Expansion: Establishing manufacturing facilities across North America to meet growing demand for sustainable building solutions.

Financials and Funding

As of July 2022, Nexii has raised a total of $195 million CAD in funding, with a valuation exceeding $2 billion CAD. The most recent funding round in July 2022 secured an additional $45 million CAD, led by Horizon Technology Finance Corporation and Trinity Capital Inc., to accelerate production and manufacturing capacity.

Pipeline Development

Nexii's pipeline includes:

• Manufacturing Facilities: Operational plants in Moose Jaw, Saskatchewan, and Hazleton, Pennsylvania, with plans for additional facilities in Louisville, Kentucky, and other locations to expand production capacity.

• Strategic Partnerships: Collaborations with companies like Honeywell and Trane to integrate Nexii's sustainable building solutions into broader construction projects.

Technological Platform and Innovation

Nexii's technological innovations include:

• Proprietary Material – Nexiite: A sustainable alternative to concrete, reducing carbon emissions and enhancing building performance.

• Prefabricated Panel System: Enables rapid assembly of buildings, reducing construction waste and time.

• Energy Efficiency: Buildings constructed with Nexii's system consume up to 30% less energy, leading to significant operational cost savings.

Leadership Team

• Stephen Sidwell: Co-founder and CEO, with a background in entrepreneurship and a focus on sustainable building technologies.

• Michael Dombowsky: Co-founder, responsible for the development of Nexiite and overseeing product innovation.

• Ben Dombowsky: Co-founder, involved in the strategic direction and expansion of manufacturing operations.

Market Insights and Dynamics

The sustainable construction market is experiencing rapid growth, driven by increasing environmental regulations and a global emphasis on reducing carbon footprints. Nexii's innovative approach positions it favorably in this expanding market.

Competitor Analysis

Key competitors include traditional construction companies and emerging green building firms. Nexii differentiates itself through its proprietary material, Nexiite, and its ability to significantly reduce construction timelines and environmental impact.

Strategic Collaborations and Partnerships

Nexii has formed strategic partnerships with:

• Honeywell: To integrate advanced building technologies into Nexii's sustainable construction solutions.

• Trane: Collaborating to create energy-efficient building systems that complement Nexii's products.

• Siemens: Jointly developed the VersiCharge XL, an electric vehicle charging unit that aligns with Nexii's sustainability goals.

Operational Insights

Nexii's operational strategy focuses on:

• Supply Chain Optimization: Utilizing prefabricated panels to streamline construction processes and reduce material waste.

• Scalability: Expanding manufacturing facilities to meet increasing demand for sustainable building solutions.

• Quality Control: Ensuring high standards in product manufacturing to maintain building durability and performance.

Strategic Opportunities and Future Directions

Nexii aims to:

• Global Expansion: Establishing manufacturing plants in additional regions to serve a broader market.

• Product Diversification: Developing new sustainable building products to address various construction needs.

• Technological Advancements: Investing in research and development to enhance product performance and sustainability.

Contact Information

• Website: www.nexii.com

• Social Media: Instagram: @NexiiBuilds, Twitter: @NexiiBuilds, LinkedIn: Nexii Building Solutions

• Headquarters: Vancouver, British Columbia, Canada