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.
He has extensive expertise in launching and scaling up startups. His primary areas of interest include IoT, hard tech, and construction. Slava is passionate about tech startups with a long-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. 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. His unique experience in scaling complex startups, solving ESG problems, as well as his VC background, make him a highly 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. Slava Starodubcev and Dmitry Starodubcev founded the company in 2017. Later, Russ Atassi and Rene Griemens joined the team to form Mighty Buildings.
Mighty Buildings, under the leadership of Slava, has raised more than $100 million and established itself as a leader for 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.
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 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 Building’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 has developed technology with the potential to unlock productivity to address the housing crisis while also reducing construction-related emissions. It allows for virtually zero waste construction, a reduction in embodied carbon and the building of cost-effective zero net energy homes. These methods help the company get 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. Along with more than 300 other influential companies, it has committed to the Climate Pledge initiative of Amazon.
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 began with incubating 12 IoT startups. Some of these were later bought and others received follow-on funding.
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). Among the startups where he invested, there are two unicorn companies working towards high-impact goals: Boom Supersonic (making supersonic flights accessible in a sustainable way) and Solugen (bringing clean, sustainable chemistry to every industry).
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 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 in 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. He was a student and participated in many 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. He learned to speak Mandarin in Singapore and China, after which he chose “Si Lei ” (SiLei) as his nickname. This nickname is a favorite of his in interactions with people from all around the globe.
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