Indonesian startup Stilt Studios raises $10m take its sustainable, modular homes into global markets.

Stilt Studios, a manufacturer of sustainable, modular homes based in Bali, Indonesia, has announced the closing of its US$10 million financing (debt and equity) round from investors, including Christian Hymer, the former owner of Hymer, Germany’s market leader in motor homes. The startup will use the capital for international expansion, investing in the platform, AI, and smart home capabilities, and developing its first full-scale residential project. - E27