EKORE funding news – EKORE has Secured €1.3 Million in Seed Funding

It’s technology uses digital twin solutions to help manage real estate portfolios, lower energy costs, and support data-driven decisions for better building and city management.

It’s cloud-based platform gives buildings a ‘digital brain,’ combining data and 3D BIM models into one system. The platform uses AI to reduce energy use, detect problems, and lower carbon emissions, helping create a more sustainable real estate sector.

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The funding came from two key investors: SOM S.p.A., a major company in the fuel retail sector, and Habismart, the PropTech accelerator of CDP Venture Capital’s National Network, which also includes support from the CDP Venture Capital Accelerator Fund, Zest, Nova Capital, and COIMA.

Stefano Molino, Senior Partner at the Accelerator Fund, shared: “EKORE’s predictive analysis of buildings enhances monitoring and error detection during asset management and maintenance phases while capturing key performance indicators to manage anomalies effectively. All of this is embedded within EKORE’s digital twin technology."

Gabriele Ronchini, CEO of Zest Investments added: “We invested in EKORE because we strongly believe in the transformative potential of Digital Twin technology in the proptech sector. The market offers significant opportunities and EKORE growth highlights its unique ability to penetrate new market segments.”

The funds will mainly be used to improve it’s platform and algorithms, grow the team, and boost business growth.

About EKORE

EKORE is an innovative startup born from the union of the skills of leading companies in the Real Estate and ICT sectors, with the mission of making the methods of managing real estate assets more efficient through the concept of Digital Twin.