[Funding alert] Lyon-based Vizcab Secures €5 Million Series A Round Funding

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In addition to current investors A/O and Banque des Territoires (Groupe Caisse des Dépôts), Rise PropTech Fund, Cemex Ventures, and Altur Investissement were other investors in the round, which was headed by KOMPAS VC, an early-stage venture capital firm with an emphasis on the decarbonization of the built environment and the manufacturing sector.

Dr. Thomas Jusselme, Co-founder and Co-CEO Vizcab, said: “Buildings are responsible for 37% of global emissions, with embodied carbon of materials making up 90% of future building emissions. Our mission is to assist stakeholders in transforming the construction industry with managing carbon emissions of projects — ensuring they meet the stringent carbon budget standards right from the planning stage until the building handover.”

Sustainable practises are being implemented throughout the construction sector because to Vizcab's revolutionary platform, which easily connects with industry-standard building tools.

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With the assistance of this unified interface, real estate developers can effectively manage their carbon strategy and plan, create, order, assess, and retain control over the carbon footprint of their projects.

Andreas Winter-Extra, Partner at KOMPAS, added: “Our investment in Vizcab reflects our commitment to creating a sustainable and efficient built environment. We firmly believe Vizcab is at the forefront of a transformative movement in the construction industry and its innovative platform that seamlessly integrates with industry-standard construction tools can encourage the widespread adoption of sustainable practices. Vizcab’s approach to LCA calculations and sustainability perfectly aligns with the global shift towards carbon neutrality and has the potential to transform the construction process globally.”

About Vizcab

Vizcab, which was founded in 2015 by Dr. Thomas Jusselme and Guillaume Lafont, connects every aspect of the value chain, including manufacturers, real estate developers, architects, engineers, and construction companies, through providing data-driven solutions for determining Life Cycle Assessments (LCAs) of construction projects.

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With the help of the platform, various stakeholders may create net-zero building strategies, adhere to environmental laws, and meet the requirements of carbon budgets, giving them complete control over a project's carbon trajectory.