Vizcab funding news – Lyon-based Vizcab Secures €4.5 Million in Series A Round Funding

The AI-powered platform links parties at every stage of the value chain, from manufacturers and construction firms to architects and engineers, in order to maximise carbon performance, boost operational effectiveness, guarantee legal compliance, hasten ESG reporting, and contribute to the goal of net-zero emissions.

The EU recently passed the Energy Performance of Buildings Directive, which directly supports the EU's energy and climate goals and aims to achieve a fully decarbonised building portfolio by 2050.

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When the directive is put into practice, LCAs will be required for larger buildings larger than 1,000 square metres by 2028, and for all buildings by 2030. This will increase demand for LCA services such as Vizcab.

Dr Thomas Jusselme, Co-founder and Co-CEO, Vizcab said, "With the new regulatory environment, especially the EPBD directive, we are seeing a rising interest for automated LCAs, and the demand for our products is growing exponentially."

The investment was led by KOMPAS VC and includes Brick and Mortar Ventures (San Francisco) and Global Brain (Tokyo), two specialised investors in the built environment. It's potential for growth in the US and the APAC area was boosted by this.

Andreas Winter-Extra, Partner, KOMPAS VC, said: "The ever-changing regulatory landscape across the globe means there is growing competition and demand within the market for efficient and streamlined processes for LCAs. Vizcab can match this demand as its innovative technology is truly a mark above the rest. Their platform is at the forefront of the transition toward carbon neutrality and can potentially transform the global construction industry."

Hideyuki Tanaka, Director, Global Brain, said: "France is a global leader in LCA regulation, and Global Brain is proud of Vizcab's strong position and its innovation in LCA operations there. It is highly likely that LCA regulations will extend beyond Europe to Asia and Japan in the future, further increasing market demand for Vizcab's AI-driven platform. We look forward to contributing to Vizcab's growth as a partner in its expansion into Asia, especially Japan."

The money will enable it expand into new EU markets and meet the increasing demand in their current market, which is France.

About Vizcab

Vizcab, a French startup founded in 2015, automates the life cycle assessments (LCA) and CO2 emissions calculations for construction projects across the course of a business. Vizcab (formerly Combo Solutions) was created to support you in overcoming upcoming low-carbon obstacles!