France

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

Nov 21, 2023 | By Startup Rise EU

Vizcab, a Lyon-based company, secures €5 million in its series A funding. using the intention of supporting net-zero construction strategies using AI-driven solutions and expanding its operations throughout Europe, the funding will be utilised to support its continued growth.

Vizcab, a Lyon-based company, secures €5 million in its series A funding. using the intention of supporting net-zero construction strategies using AI-driven solutions and expanding its operations throughout Europe, the funding will be utilised to support its continued growth.

Read also -  Denmark-based Biotechnology Company NMD Pharma Secures €75M in Series B Round Funding

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.

Read also - Tallinn-based Deeptech become Cleantech Startup Efenco Secures €4.5 Million in Funding

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.

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] London-based Thema Raises €5.8 Million in Funding
Startup Rise EU
Jan 15, 2024
recomd
Funding
[Funding alert] London-based Insurtech Startup Diesta Secures €1.8 Million in Seed Funding
Startup Rise EU
Nov 9, 2023
recomd
Funding
trawa funding news – Renewable Energy Supplier trawa Raises €10 Million in Seed Funding
Startup Rise EU
May 16, 2024

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.

Read also - Amsterdam-based Grocery App Crisp Secures €35 Million in Funding

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.

Recommended Stories for You

story
Estonia

[Funding alert] Tallinn-based RAIKU Secures €8.8M in Funding

Startup Rise EU Nov 7, 2023

story
Germany

[Funding alert] German Deeptech firm Orbem Secures €30M Series A Funding

Startup Rise EU Oct 11, 2023

story
Funding

[Funidng alert] UK-based Navro Secures USD14Million in Funding

Startup Rise EU Feb 10, 2024

story
Funding

[Funding alert] Warszawa-based Rainbow Weather Secures almost $2M in Funding

Startup Rise EU Nov 8, 2023

story
UK

The first demonstrator car from Helixx’s “Factory in a Box” has been presented

Startup Rise EU Oct 9, 2023

story
Recent Articles

Funding Wrap of the Week | European Startups Funding Roundup | May 19 – May 24

Startup Rise EU May 25, 2024