Vizcab, a Lyon, France-based SaaS platform that calculates Life Cycle Assessment (LCA) to reduce the carbon impact of construction projects, secured an additional €4.5 million in Series A funding, totaling €9 million.
Investors
The round was led by KOMPAS VC, the funding includes investors from Tokyo and San Francisco.
KOMPAS VC is a specialist early-stage venture capital firm backing solutions that reduce emissions and increase productivity in the built environment and manufacturing industry, with offices in Amsterdam, Berlin, Copenhagen, and Tel Aviv.
Vizcab Use of Funds
The investment will support expansion into new EU markets and meet growing demand, with plans for an international module launch in June to engage customers across 33 countries.
About Vizcab
Founded in France in 2015, Vizcab is a SaaS platform that specializes in calculating Life Cycle Assessments (LCAs) for construction projects. Founded in France in 2015, Vizcab automates the process of assessing CO2 emissions and LCAs throughout the lifecycle of construction projects. The platform connects various stakeholders involved in construction, such as architects, engineers, manufacturers, and construction companies, to optimize carbon performance, improve operational efficiency, ensure regulatory compliance, expedite ESG reporting, and work towards achieving net-zero emissions.
Funding Details
Company: Vizcab
Raised: €4.5M
Round: Series A
Funding Month: May 2024
Lead Investors: KOMPAS VC
Additional Investors:
Company Website: https://vizcab.io/
Software Category: Environmental Transition Solutions
Source: https://tech.eu/2024/05/28/vizcab-raises-eur45m-to-boost-carbon-reduction-in-construction-projects/