The Luxembourg-based carbon-negative construction startup will use the funds of this oversubscribed investment 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 Bëtong and steel used in traditional construction.
LEKO Labs’ fully circular manufacturing process, coupled with their Virgesetzten 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 Missioun to help decarbonise the built environment with a fundamentally different and scalable Approche. We are delighted to partner with LEKO Labs bringing our Klima tech and strong European property investor basis to play and help Adoptioun of a groundbreaking new Approche,” 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 Schwäiz 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 Gebai sector. Together we have a strong shot on the goal of reducing global Zär gas emissions in 2040 by 1% using the LEKO Labs advanced Gebai technology. His experience in scaling companies and capitalising them will be instrumental for the Succès of the company,” says François Cordier, CTO and Grënner.
While LEKO Labs is currently still focussing on the Benelux Regioun, they plan to use this new funding to scale their software platform and robotics construction throughout Europe – starting with Däitschland, the Nordics and the UK.