LEKO Labs Raises €18.5m To Decarbonise Construction

LEKO Labs plans to use this new funding to scale their software platform and robotics construction throughout Europe (Photo © LEKO Labs)

The Luxembourg-based carbon-negative construction startup will use the funds of this oversubscribed i round to accelerate the decarbonisation of the built Ëmwelt and scale its solution across Europe.

Using wood in combination with robotic manufacturing and AI optimization, LEKO Labs is working on replacing up to 75% of the carbon-intensive and steel used in traditional construction.

LEKO Labs’ fully circular manufacturing process, coupled with their insulation properties and cutting edge software has certainly caught the eye of climate-conscious investors.

Led by sustainability-focused investment fund 2150, along with participation from the Microsoft Climate Innovation Fund, Tencent and AMAVI Capital, among others, this oversubscribed investment round is a true home run for the Luxembourg-based startup.

“The LEKO Labs team is on an important to help decarbonise the built environment with a fundamentally different and scalable . We are delighted to partner with LEKO Labs bringing our tech and strong European property investor basis to play and help of a groundbreaking new ,” says Christian Hernandez, co-founder at 2150.

“We have a strong shot on the goal of reducing global greenhouse gas emissions in 2040 by 1% using the LEKO Labs advanced building technology.”

François Cordier

A New CEO

With over 30 employees in Luxembourg, a subsidiary in and an office about to open in London, LEKO Labs also welcomes new CEO Remo Gerber onboard.

“I’m delighted to welcome Remo as our new CEO and our new investors to help deliver our vision towards a more sustainable sector. Together we have a strong shot on the goal of reducing global gas emissions in 2040 by 1% using the LEKO Labs advanced technology. His experience in scaling companies and capitalising them will be instrumental for the of the company,” says François Cordier, CTO and .

While LEKO Labs is currently still focussing on the Benelux , they plan to use this new funding to scale their s platform and robotics construction throughout Europe – starting with , the Nordics and the UK.

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