A/O PropTech partners with Vizcab for its €1.6million Seed round

Posted: 9 June, 2020

Tagged: ClimateTech, ConTech, News & Opinions

With the support of Banque des Territoires and A/O PropTech, Vizcab has completed a first round of financing that also includes the Unibail-Rodamco-Westfield group.

This fundraising will enable the marketing acceleration of its SaaS solutions for building Life Cycle Assessment (LCA) to players involved in the shift to low-carbon construction.

Based on a technology developed by the EPFL building 2050 research group led by Thomas Jusselme, Vizcab is a SaaS platform that enables construction and real estate players to catalyse their carbon transition at the scale of the different phases of a project thanks to data science.

Vizcab aims to become the number one partner of real estate and construction players in their energy-carbon management challenges by choosing to make accessible and multiply the use of building life cycle analysis.

By combining the best of data science and operational support as close as possible to the field, Vizcab contributes every day to accelerating the carbon neutrality trajectory of construction players.

Nurturing decision-making at all stages of a real estate project’s life cycle

The Vizcab range is positioned where current eco-design tools are no longer sufficient to take the step towards generalised Life Cycle Assessment.

VizcabExplo: a decision support tool that enables project owners and their advisors to build secure and competitive carbon energy strategies, right from the upstream phases of real estate operations.
VizcabEval: LCA calculation software used by engineering firms and general contractors to optimise and validate the achievement of “regulatory” carbon levels.
VizcabDashboard: platform for capitalizing and reporting energy-carbon data from major real estate accounts, enabling them to manage and accelerate their carbon neutrality trajectory.

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"Contributing to the decarbonisation of the real estate industry is part of A/O PropTech's mission. Vizcab is a strategic investment that illustrates the relevance of modeling and data science for low-carbon construction. We believe that this type of innovative eco-design solutions will become more widespread in Europe in the coming years, and we want to help Vizcab conquer this market"
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— Othmane Zrikem, Chief Data Officer at A/O PropTech.

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"Vizcab is a key investment for Banque des Territoires, illustrating the relevance of using innovative digital solutions to accelerate low-carbon construction. We believe that this tool will be a valuable aid to local authorities in their dialogue with developers on projects involving urban planning regulations or the monitoring of the energy and environmental performance of buildings. Our commitment to them is fully in line with the action of Banque des Territoires in the service of more sustainable territories.
”

— Géraldine Welter, Deputy Director of the Digital Transition Department at Banque des Territoires

A levy to accelerate the sector's carbon transition

With 680 users on the platform, Guillaume Lafont – CEO- recognised that it was time to step things up: “This €1.6 million fundraising will enable us to consolidate our technological advance, to structure our teams but also to move up a gear in terms of marketing and presence, first on the French market, then in the medium term on the European market”.

Generalizing a more sober and carbon-free construction

In a post-COVID-19 context that calls on all sectors to take the necessary steps towards a low-carbon economy, the construction industry is at the forefront both in terms of awareness and as a driver of change.

The RE2020 environmental regulation for new buildings will come into force in 2021. It will commit all stakeholders to calculate and significantly reduce carbon emissions from buildings. For Vizcab, the aim is to offer them support to help them navigate these new paradigms.

Sharing the same value

“We needed partners who shared our ambitions and values, but who were also there for the long term to accompany us in the metamorphosis of the sector. They were convinced by data sciences to be able to accelerate the carbon transition in real estate. We couldn’t have dreamt of a better way to raise funds” said Guillaume Lafont, co-founder and CEO Vizcab.

Sharing the same vision

“Our vision is that digital tools must be used to address social issues such as the question of controlling the impact of global warming. This is what drives us, which is why our talents join us, among others, but also our customers, who can make their low-carbon transition a reality with us.” said Thomas Jusselme, co-founder and CINO.