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.
He has extensive expertise in launching and scaling up startups. His main areas of focus include hard tech, IoT, construction and sustainable tech. 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 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 is headquartered in Oakland, California. Slava Starodubcev and Dmitry Starodubcev founded the company in 2017. Later, Russ Atassi and Rene Griemens joined the team to form Mighty Buildings.
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 listed in the top 5% of YC businesses.
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 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 it’s not an “either/or”. 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 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.
Ruvento Ventures
Another great achievement of Slava is co-founding Ruvento Investments in 2012, which was a startup incubator as well as a seed capital company in Singapore. 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. 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.
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. 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 ( 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. He was a student and participated in many clubs. Upon earning his MBA, Slava focused on commercialization of technology, working closely with Imperial College scientists on commercialization feasibility studies.
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. 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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