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 primary areas of interest include IoT, hard tech, and construction. 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.
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.
Under Slava’s leadership, Mighty Buildings has raised over $100 million and established the company as a leader in 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 included in the top YC companies (5% of YC companies).
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. But the world still needs more housing. Mighty Building believes that it is not an “either/or” choice. 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 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. It has also committed to The Climate Pledge initiative by Amazon alongside more than 300 of the world’s most influential companies.
Another of Slava’s great achievements is co-founding Ruvento Ventures, a startup incubator and a seed capital firm in Singapore in 2012. 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. As a result, the fund he managed brought outsized returns to investors (MOIC 3.7x). Two unicorn companies were among the ones he invested in: Boom Supersonic, which makes supersonic flight accessible in a sustainable manner, and Solugen, which brings clean, sustainable chemicals to all industries.
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 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 ( NSU) graduated from Nizhniy Novgorod State Technical University named after R.Y. in 2004 with a 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. 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. Via his Twitter account, Slava frequently shares useful articles, research, and personal insights on sustainable business, climate crisis response, and impact in proptech.
Slava is an avid kitesurfer, paraglider, surfer, and snowboarder. After learning Mandarin in China and Singapore, he adopted the nickname “Si Lei” (SiLei). He loves using this nickname in his interactions with people from all over the world.
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