What is Build Acquisition?
Build Acquisition is a blank check company established in 2020 and headquartered in Austin, Texas. Its formation is dedicated to executing a merger, capital stock exchange, asset acquisition, or similar business combination. As a special purpose acquisition company (SPAC), its primary function is to identify and acquire an existing private company, thereby taking it public.
How much funding has Build Acquisition raised?
Build Acquisition has raised a total of $200M across 1 funding round:
Stock Offering
$200M
Stock Issuance/Offering (2021): $200M, investors not publicly disclosed
What's next for Build Acquisition?
The substantial enterprise-level funding and recent strategic investment position Build Acquisition for a significant acquisition. The company's next steps will likely involve identifying a target company that aligns with its strategic objectives and market opportunities. The nature of this capital infusion suggests a focus on a substantial transaction, potentially within a high-growth sector, aiming to leverage the investment for rapid scaling post-acquisition.
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