TLDR:
Building decarbonization platform Vizcab has raised an additional €4.5 million in its Series A funding, bringing the total to €9 million. The funding will support the company’s growth and expansion into new international markets. Vizcab offers a software platform that calculates the Life Cycle Assessment (LCA) of buildings to reduce the carbon impact of construction projects.
Summary:
Building decarbonization-focused software startup Vizcab has raised an additional €4.5 million in its Series A funding, bringing the total amount raised to €9 million. The funding will support the company’s growth and expansion into new international markets. Buildings are a significant source of global greenhouse gas emissions, and Vizcab’s software platform aims to reduce the carbon impact of construction projects by calculating the Life Cycle Assessment (LCA) of buildings. The platform connects stakeholders in the construction industry to optimize carbon performance, improve operational efficiency, ensure regulatory compliance, and expedite ESG reporting.
Founded in 2015 by Dr. Thomas Jusselme and Guillaume Lafont, Vizcab is based in Lyon, France. The company’s funding comes at a critical time for the construction industry, as regulations are evolving to drive carbon reduction. The EU’s Energy Performance of Buildings Directive will introduce mandatory LCAs for larger buildings by 2028 and all buildings by 2030. This regulatory environment has led to a growing interest in Vizcab’s products, prompting the company to expand internationally.
The funding round was led by decarbonization-focused VC firm KOMPAS VC, with participation from new built environment investors. Vizcab plans to use the capital to support its growth in EU markets, launch its first international product in 33 countries, and continue investing in product development and industry partnerships. The company’s innovative technology is positioned to transform the global construction industry and contribute to the transition toward carbon neutrality.
