Slava Solonitsyn, a tech entrepreneur and venture capitalist, is an ESG expert with over 17 years experience in the design and development of new products, mentoring, investing and community building in Europe and the US.
His expertise includes scaling up and launching startups. His primary areas of interest include IoT, hard tech, and construction. 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 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. 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.
As Solonitsyn describes Mighty Buildings: “We are working hard to find a solution for humanity to solve the double-edged climate and housing crisis. Once we have identified a path, our platform will be open to real estate developers so that they can unlock the production of sustainable homes on a large 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 that it is not an “either/or” choice. Mighty Buildings has developed technology with the potential to unlock productivity to address the housing crisis while also reducing 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 of Slava’s great achievements is co-founding Ruvento Ventures, a startup incubator and a seed capital firm in Singapore in 2012. Slava began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
Slava was Managing Partner between 2015 and 2017. He raised a private fund, made 17 seed-stage investments and two of them became unicorn companies. Two more were valued at over $500M. 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).
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.
Early career background
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 developed a variety of support measures, including tax incentives for tech project. These were later used to incentivize more than 1000 startups.
Education, community services, and eco-activism
Slava graduated from Nizhniy Novgorod State Technical University named in R.Y. Alekseev (NSTU) in 2004 with an MSc in Physics. In 2007, he earned an MBA from Imperial College London, where he studied Entrepreneurship and Venture Capital. 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. Moreover, he actively promotes this mission by launching eco-friendly initiatives, such as beach cleanups. Slava regularly shares valuable articles, research and personal insights via his Twitter account.
Slava is a keen kitesurfer and paraglider. He learned to speak Mandarin in Singapore and China, after which he chose “Si Lei ” (SiLei) as his nickname. He loves using this nickname in his interactions with people from all over the world.
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