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 well-known global expert and is often invited to speak at the most important startup and global business events such as Collision and F.ounders. 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 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 included in the top YC companies (5% of YC companies).
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 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. 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 progress the company 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 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.
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. The fund he managed was able to bring in huge returns for 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.
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.
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 designed a number of support measures including tax incentives for tech projects, which were later incentivized across more than 1000 startup companies.
Education, community services, 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. Slava worked closely with Imperial College scientists to complete feasibility studies for commercialization.
Slava is completely committed to the cause of saving the planet. This commitment extends far 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 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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