Barcelona-based 011h raises €20 million to accelerate low-carbon, tech-driven construction
Barcelona-based construction technology company 011h has secured €20 million in a recent funding round led by Ship2B Ventures and CDTI. This investment highlights growing interest in tech-driven, sustainable solutions within the European construction sector, indicating a shift towards more efficient and environmentally conscious building practices. The funding will support 011h in scaling its operations and expanding its recurring business model. The funding round included participation from existing investors like Seaya Ventures and Breega Venture II. 011h specializes in modular buildings utilizing sustainable materials, integrating design, production, and construction processes into a single digital system. This approach significantly reduces waste, emissions, and delivery times while improving supply chain transparency; the company has already completed projects and has another €100 million in projects planned for 2026. 011h’s digital and sustainable approach to construction could drastically affect how European cities are built. The company's use of technology to streamline processes and reduce environmental impact positions it as a leader in sustainable real estate. By delivering over 600 new homes by 2027, 011h is poised to have a significant influence on the construction industry.
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