Antonio-led startup wins $3.2-b Dubai deal
Revolution Precrafted, the fastest startup to reach unicorn status in Southeast Asia, said it signed a landmark $3.2-billion agreement with Dubai-based luxury property developer Seven Tides for the manufacture and supply of limited edition, high-end prefabricated condominium apartments and hotel villas in the famous “The World Islands” in the Arabian Gulf.
Located four kilometers off the coast of Dubai, the World Islands is a groundbreaking development composed of 300 artificial islands designed to resemble the global map.
“We are proud and excited to partner with one of the best property developers not only in Dubai, but in the world. We will manufacture sophisticated, design-driven precrafted condominium apartments and hotel villas, consistent with the kind of luxurious structures the public have come to expect from us and Seven Tides,” said Robbie Antonio, founder and chief executive of Revolution Precrafted, the only unicorn startup in the Philippines, valued at over $1 billion.
Revolution Precrafted is a global supplier of prefabricated homes, pavilions and other structures. It teamed up with 72 of the world’s most prolific artists and designers, including six Pritzker-award winning architects. The agreement between Revolution Precrafted and Seven Tides pertains to the design, supply and installation of two to three bedroom luxury condominium apartments and villas to be pre-manufactured, shipped and assembled on The World Islands project, including the vast Coronation Island.