Predium raises €13 million to decarbonize the real estate industry in an economically viable way

• Munich-based proptech Predium raises €13 million in Series A investment to further develop its software platform and to expand into new markets
• Predium allows real estate and finance companies to combine regulatory compliance with profitability. The industry has responded positively: Predium already counts Deutsche Investment Group, Colliers, Soravia, and Baloise as customers
• The round has been led by Norrsken VC, with participation from UVC Partners, b2venture and Mutschler Ventures

Munich, 28 November, 2024 – Predium, a leading provider of ESG management solutions for the real estate and finance industry, has successfully closed a Series A financing round of €13 million. With this investment, Predium strengthens its position as the Real Estate Intelligence Platform for sustainable and economical real estate management. The round is led by Norrsken VC, the venture capital fund that is part of Klarna founder Niklas Adalberth’s Norrsken Foundation. Norrsken is investing in Predium's vision of decarbonizing the real estate industry in an economically viable way. The existing investors UVC Partners, b2venture, and Mutschler Ventures are also participating again, and increasing their investment in Predium.

The real estate industry is facing regulatory and market-driven change. The EU is planning a climate-neutral building sector by 2050, while interest rates have changed significantly, putting pressure on building values and yields. Investors, banks and owners are demanding more transparency on sustainable and economic performance. Compared to the past golden decade, buildings today need to be managed proactively in order to secure or increase their value. Non-ESG-compliant buildings are penalized with a reduction in value. The key to sustainable and profitable real estate lies in the availability and meaningful processing of data.

Predium reads existing data – such as from energy performance certificates and invoices – and automatically enriches missing information using AI, satellite images and 3D models. Predium users receive all key ESG figures, stranding risks and financial indicators at a glance. The solution enables portfolio owners, banks, insurance companies, investors and housing companies to identify ESG risks and prioritize renovation actions based on costs, savings potential and subsidies – both for individual buildings or their entire portfolio. This way, Predium helps its customers to assess the risk of their assets and decide which building should be bought, renovated or sold and when. The client portfolio now includes companies such as the Deutsche Investment Group, Colliers and Baloise. The funding raised will enable Predium to further develop its software platform and to expand into new markets. 

Jens Thumm, CEO and Co-Founder of Predium, is delighted about the renewed trust of renowned investors just one year after the last financing: “With Predium, we offer a solution that brings together ESG requirements, such as CSRD reporting, and economic interests. We enable our clients to make smart transaction and renovation decisions. In this way, real estate values can be increased. The interest shown by a large number of well-known investors confirms that Predium is successfully driving the transformation of the real estate sector.” ‍

Agate Freimane, General Partner at Norrsken VC: “Real estate is experiencing a transformative shift as the need to decarbonize becomes urgent. We were drawn to Predium’s approach of partnering with real estate owners and operators to enable intelligent, data-driven decisions that both enhance asset value and promote sustainability. We are thrilled to support Predium on this impactful journey.”

"Since our initial investment a little over a year ago, Predium has developed very well: not only has revenue multiplied, but the first steps towards internationalization have also been taken. Due to a changing market environment, there is clear and increasing demand for a software solution like the one Predium offers. We are excited to continue supporting Predium on this path and to make a significant contribution in this funding round as well," says Alexander Kiltz, Principal at UVC Partners.

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About Predium

The Munich-based company was founded in 2021 by Jens Thumm, Mohamed Ali Razouane and Maximilian Körner. The founders have developed an intelligent platform for the decarbonization of real estate. Predium enables quick and easy calculation of ESG assesssments for buildings as well as renovation roadmaps for CO2 reduction, including investment calculations. Predium also facilitates automated CSRD reporting. Predium thus offers a holistic Real Estate Intelligence Platform for sustainable and economical real estate management. Renowned companies such as Colliers, Soravia, Bayerische Hausbau, WBM and Deutsche Investment already trust Predium to manage their real estate portfolio sustainably. More information: www.predium.de

About Norrsken VC

Norrsken VC is Europe's leading early-stage fund investing in impact. Headquartered in Stockholm with an investment philosophy framed around the UN's 17 SDGs, Norrsken VC backs startups solving the world's biggest problems while building massive businesses. More information: www.norrsken.vc

About UVC Partners

UVC Partners is a leading venture capital firm that invests in European B2B tech startups. With more than €600 million in assets under management, the VC typically invests between €1 to €10 million initially and up to €30 million per startup in the areas of DeepTech, ClimateTech, Mobility, and Software/AI. UVC Partners’ investment portfolio includes Flix, Isar Aerospace, planqc, Proxima Fusion, Reverion, Tacto, TWAICE, DeepDrive, STABL, and many more. All portfolio companies benefit from the team’s extensive investment and exit experience, their ability to build sustainable category leaders, and the network of UnternehmerTUM enabling them to speed up market entry. More information: www.uvcpartners.com.

‍About b2venture

Founded in 2000, b2venture is one of the most experienced venture capital firms in Europe. The group makes early-stage investments through its dedicated funds and stage-agnostic investments through its direct investment track. b2venture is supported by a unique community of angel investors, fostering the firm’s passion for backing the unique entrepreneurs, maverick ideas, and outlier companies that will define tomorrow. The firm began its journey in St. Gallen, Switzerland and now has additional offices in Berlin, Zurich, Munich, and Luxembourg. b2venture deploys over EUR 100 million per year across Europe, leveraging the power of its multi-generational investor community. b2venture has proudly backed companies such as 1KOMMA5°, DeepL, Facebook, Raisin, Foodspring, ORCAM, SumUp, Volocopter, and XING. More information: www.b2venture.vc

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