Home » German startup Ecoworks raises €7.7m for housing retrofit tech

German startup Ecoworks raises €7.7m for housing retrofit tech

by Sion Geschwindt
German startup Ecoworks raises €7.7m for housing retrofit tech

Berlin-based Ecoworks has raised €7.7m (£6.53m) in funding to automate the design process for retrofitting housing stock.

Ecoworks develops and designs façade and roof elements that can be built around the existing building as a ‘second skin’.

Its digital 3D planning and prefabrication platform enables an energy inefficient building to be retrofitted to an ‘energy-plus’ building within a matter of weeks, the startup says.

After commissioning the first serial carbon-neutral renovation in Germany, the company plans to scale its solution and work on further automation and on a new product release to increase the prefabrication level.

Emanuel Heisenberg, Ecoworks CEO and founder, said: “We will use the investment to strengthen our product in the field of automatic planning, on hardware, and on growing our team and supply chain to increase capacity and delivery.”

The funding round was backed by new investors, including Warema GroupJLL Spark Global Venture, the investment arm of JLL, and the US-based construction tech venture capital funds Zacua Ventures and Blackhorn Ventures.

Existing investors PropTech1 and Motu Ventures also participated in this round. 

Raj Singh, general partner at JLL Spark, commented: “Serial renovation will be key to achieving carbon-neutral housing. ecoworks is shaping the retrofitting market with their technology.”

Image: Gregor Loukidis, ecoworks managing director and COO (left) and Emanuel Heisenberg, ecoworks CEO and founder.

Read next: L.A. officials plan to make all new buildings carbon neutral

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