Raven Indigenous Capital partners with NUQO Modular

The partnership aims to create affordable housing and launch modular solutions in the child-care and education sectors.

Capilano site (CNW Group/Raven Indigenous Capital Partners Inc.)

Key Takeaways:

  • Raven Indigenous Capital Partners is investing in NUQO Modular, a company building affordable housing and childcare facilities specifically for Indigenous communities in Canada.
  • NUQO will use the investment to not only accelerate affordable housing construction but also launch modular childcare and education facilities.
  • NUQO prioritizes cultural sensitivity in their designs, offers a welcoming work environment for women in construction, and uses sustainable practices to minimize environmental impact.

The Whole Story:

NUQO Modular and Raven Indigenous Capital Partners have announced an investment partnership they believe could revolutionize the landscape of affordable housing and child-care solutions across Canada.

“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 Modular, 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.

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.


Get smarter on the 🇨🇦 construction industry in just 5 minutes

Sign up for the free weekly newsletter for news, trends and insights in the Canadian construction industry.

Construction job board

Discover senior-level construction jobs at leading companies in Canada.

Find a jobPost a job



Get the 5-minute, weekly newsletter about the Canadian construction industry.

© SiteNews 2024. All rights reserved. SiteNews is an independently-operated news website. Views expressed are that of the editor's and are based on publicly available information unless otherwise noted through sponsored content.