ECOWORKS IS A SERIAL RENOVATION SOLUTION PROVIDER.

The company offers a swift automated estimate, detailed planning, seamless construction and installation of a refurbishment project. Their serial renovation approach brings industrial manufacturing methods to the construction industry. The unique solution enables faster net-zero renovation with lower costs, less labour and higher quality at the same time.‍

Why we invested:

• The climate case: Today, around 75% of buildings in Europe are considered energy inefficient, and over half of the continent's 315 million residential units have energy performance ratings of E or worse. Thus, in Germany alone, buildings account for 35% of total energy consumption. This situation is preventing European countries from meeting their built environment climate targets.
  
  
• The business case: ecoworks’ AI-driven 3D planning solution and scalable modular construction is primed to benefit from regulatory demands for renovation of existing buildings. Their retrofits are quicker (15 vs 26-40 weeks) and to a higher energy efficiency rating than the market average. Therefore, their solution is increasing property values and helping residents save on energy bills, all without requiring tenants to leave their homes.
  
  
• The team: Ecoworks’ founder and CEO, Emanuel Heisenberg, is an inspiring serial entrepreneur, author and policy advisor with an established track record in the climate tech and energy space. He has managed to build a team with high-level, professional expertise in pre-fab construction and procurement, and experience scaling within the real estate sector.

Website: https://ecoworks.tech/