Green Builder Zeta Communities Gets Funding
Michael Kanellos: October 20, 2008, 5:54 PM
Zeta Communities, which wants to build inexpensive, modular homes, has just landed a round of funding and is working on its first prototype, according to chairman Marc Porat.
The company has been working on a 17-unit townhome development in San Francisco that it hopes will cost $165 a square foot to build, cheap for around here. Investors include Northpoint Capital. The company is run by Porat's sister Naomi.
Entrepreneurs have touted green buildings and building products for the past few years, but the momentum finally seems to be peaking. Michelle Kaufmann Designs a few months ago landed a round of funding, according to sources. SG Blocks showed off a home made from old...
