Predium raises €13M to decarbonise the real estate industry

Predium, a 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 decarbonising 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 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 prioritise 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.”

For more startup news, check out the other articles on the website, and subscribe to the magazine for free. Listen to The Cereal Entrepreneur podcast for more interviews with entrepreneurs and big-hitters in the startup ecosystem.