VANCOUVER, BC, June 19,
2024 /CNW/ - NUQO Modular and Raven Indigenous
Capital Partners are pleased to announce an investment partnership
set to revolutionize the landscape of affordable housing and
child-care solutions across Canada.
NUQO Modular, a trailblazing, woman-led, Indigenous-owned
company specializing in modular construction, has received a
multi-million-dollar investment from Raven Indigenous Capital, a
leading investor in Indigenous and Native American entrepreneurs.
NUQO will use the funds to accelerate the construction of
affordable housing and launch modular solutions in the child-care
and education sectors.
"As a values-led company, NUQO has a high bar for partnership
criteria. Raven met those expectations. Their investment
strengthens our ability to expand to meet community demands for
quality housing and childcare. We are honoured by this
partnership." said NUQO Founder and CEO, Rory Richards.
"Raven is thrilled to support the next phase of NUQO's growth
and development as it expands its offerings of innovative,
sustainable, and culturally grounded modular spaces in the housing,
child-care and education sectors." said Stephen Nairne, Chief Investment Officer of
Raven Indigenous Capital Partners.
NUQO is creating a lasting impact in Indigenous communities,
having recently completed two award-winning affordable housing
buildings, including 82 units of housing, in partnership with the
Squamish Nation. Cultural integrity and safety are at the heart of
NUQO's designs. In Canada's
construction industry, where women comprise a mere 12% of the
sector, NUQO is committed to providing a safe and inclusive
workplace for women. A certified B Corp, NUQO's innovative approach
to modular building significantly reduces construction timelines
and minimizes waste and disposal costs.
To learn more about NUQO, inquire about a new project, or
explore career opportunities, visit: nuqo.ca
About NUQO Modular
Founded in 2020 and headquartered in Vancouver, British Columbia, NUQO Modular is a
female-led, proudly Indigenous construction company recognized for
its sustainable and culturally grounded approach to modular
building. Committed to community empowerment, NUQO partners with
like-minded architects and partners to deliver high-quality,
environmentally responsible, and culturally significant building
solutions.
About Raven Indigenous Capital
Partners
Established in 2018, Raven Indigenous Capital Partners is an
Indigenous-led and owned social finance intermediary headquartered
in Vancouver. Raven works in
partnership with Indigenous enterprises and social purpose
organizations to accelerate their success by providing access to
capital and bespoke technical assistance within an Indigenous
cultural framework. Ultimately, Raven aims to achieve a positive
and lasting impact on the Indigenous economies.
SOURCE Raven Indigenous Capital Partners Inc.