Later this month, BuiltWorlds will host its first major conference outside the U.S. with our Summit in Paris. While the event covers many aspects of the built industry, one particular topic we’ll spend a great deal of time talking about is technology investment. As the built industry continues to adopt technology at a steady rate, we are seeing more funds (both those dedicated to the space and those gaining interest) investing in tech solutions for the jobsite.
We spend a great deal of our time talking and writing about tech investors at BuiltWorlds. In the United States, Silicon Valley drives a significant amount of the industry’s venture financing. BuiltWorlds hosts two different conferences on the topic (in Palo Alto and in Chicago) focusing on the growing impact AEC innovation has on our processes and procedures. We’re excited to connect with some of Europe’s most prominent investors and funds during our time in Paris to dive into how the investment landscape differs, what innovation looks like, and what themes have been most promising for the industry. In that spirit, we’ve curated a list highlighting some of the most impressive European funds in the market today:
aws Founders Fund | Vienna, Austria
This $70 million Austrian-based fund, founded in 2013, has backed early-stage Austrian construction startups such as ToolSense GmbH, PlanRadar GmbH, and meo Smart Home Energy GmbH. It’s exciting to see a non-sector-specific fund influence such innovation in the built sector.
Draper Esprit | London, England
Beyond leading a €40 million investment round for the French construction workflow company, Finalcad, Draper Esprit has invested in other built world startups like Berlin-based building management systems company, Allthings, and electric car charging infrastructure company, Pod Point.
CapHorn Invest | Paris, France
The Paris-based investment firm made a big splash as an early investor in French Construction Workflow company, Finalcad, ahead of its more recent €40 million round led by Draper Esprit. With their focus on “dusty” industries, we’re looking forward to a lot more from this European investor. CapHorn has also invested in smart buildings plays like Hydrelis and energy saver platform avob. CapHorn will be at our Summit Paris, where Partner Luarent Dumas-Crouzillac will serve as a judge during our Demo Night.
Pi Labs | London, England
Pi Labs Made our Venture Investor's 50 List in 2018, and we had the pleasure of hosting their Founder, Dominic Wilson at our 2019 Chicago Summit earlier in May. Founded in 2014, Pi Labs has led rounds in more than three dozen companies, including development planning tool Urban Intel, project management tool Keepsite, and industry provider database Built-ID.
360 Degree Capital Partners | Paris, France
With more than €300 million in assets under management, this venture firm is focused on investments in France and Italy, and has backed built world startups like HVAC smart metering company enerbee, job matching platform QAPA, and wastewater management company newlisi.
There are countless more European investment funds we’re keeping our eye on. To view a full list be sure to keep an eye out for our 2019 European Built Industry Market Report to be released next month, which will include a full list of all the investment funds piquing our interest along with a full after-action report of the Summit in Paris.