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. He is currently pursuing his own impact goal by advancing the construction industry through automation and 3D printing, but is also helping select founders, who have their own high-impact missions as an angel investor and advisor. He is intimately familiar with American and Singaporean markets, but is currently exploring the potential of SEA, LATAM and MENA as they will be the key drivers for the future of humanity (from the standpoint of population and impact).
Slava is a notable global expert who is frequently invited to present and speak at the most prominent startup and global business events, such as Collision, F.ounders, Web Summit, and the World Economic Forum. His unique experience in scaling complex startups, solving ESG problems, as well as his VC background, make him a highly sought-after angel investor.
Current occupation
Mighty Buildings
Slava is the CEO and co-founder of Mighty Buildings. This tech company is changing the construction industry by building beautiful, sustainable homes using advanced materials and patented 3D printing technology. Mighty Buildings has its headquarters 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.
Under Slava’s leadership, Mighty Buildings has raised over $100 million and established the company as a leader in sustainable 3D-printed housing. It counts among its investors such noteworthy names as Khosla Ventures, Bold Capital, Core VC, YCombinator, ArcTern Ventures, Core Innovation Capital, and others. 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 Building’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 near-zero waste construction, reduction of embodied carbon, and building cost-effective zero-net energy homes. These methods help the company get closer to its 2028 carbon neutrality goal.
Mighty Buildings is a member of ASTM International, Sustainable Brands, Housing Innovation Alliance, SME climate HUB, and other institutions which address climate change. It has also committed to The Climate Pledge initiative by Amazon alongside more than 300 of the world’s most influential companies.
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 began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
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. As a result, the fund he managed brought outsized returns to 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).
These days, Slava continues to serve on the Board of Ruvento Ventures as a venture partner, and is helping the firm to pursue an ESG agenda in 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. He was active in the development of Russia’s startup ecosystem since 2007. 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 service, 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. As a student, he launched several university initiatives and participated in various clubs. Upon earning his MBA, Slava focused on commercialization of technology, working closely with Imperial College scientists on commercialization feasibility studies.
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 a keen kitesurfer and paraglider. After learning Mandarin in China and Singapore, he adopted the nickname “Si Lei” (SiLei). This nickname is a favorite of his in interactions with people from all around the globe.
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