011h is a new-generation construction company. The first of its kind, the Spanish firm is revolutionising the sector through technology to create intelligent, high quality, healthy and sustainable buildings. Founded in 2020, its mission is to accelerate the world's transition to sustainable building development. Its way of working not only means the buildings created are more sustainable, efficient and environmental friendly, but also results in cheaper costs, shorter execution times, and better overall reliability. A people-first philosophy of collaboration and transparency underpins everything they do. Started by a group of entrepreneurs with an impressive track record, 011h now has a team, with a diverse range of professional backgrounds from tech, to architecture, to engineering. They are currently expanding their services in Spain with the ultimate goal to grow within Europe and other international markets.
Employees: 51-200
Total raised: $37.46M
Founded date: 2020
Investors 3
| Date | Name | Website |
| - | A/O PropTe... | aoproptech... |
| - | Seaya | seaya.vc |
| 11.12.2020 | Foundament... | foundament... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.07.2022 | Series A | $25.35M | Redalpine ... |
| 11.12.2020 | - | $12.11M | - |
Mentions in press and media 14
| Date | Title | Description |
| 03.07.2024 | Seaya Andromeda: Pioneering Climate-Tech Fund in Southern Europe | Seaya, a Madrid-based investment firm, has made waves by closing Seaya Andromeda, the first Article 9 climate-tech fund in Southern Europe, at a staggering €300 million. This fund, backed by LPs such as Iberdrola, Nortia, and Santander, mar... |
| 02.07.2024 | Seaya Andromeda, Southern Europe's first Article 9 climatetech fund raises €300M | Madrid investment firm Seaya has closed Seaya Andromeda — the first Article 9 climate-tech fund based in Southern Europe — at €300 million. The new fund's LPs include Iberdrola, Nortia, Santander, BNP Paribas Group, Next Tech Fund, and Bpif... |
| 02.07.2024 | Seaya closes €300 million climate-tech fund, Southern Europe’s biggest investment vehicle for impact-driven companies | Seaya has closed Seaya Andromeda, the first Article 9 climate-tech fund based in Southern Europe, at €300 million. LPs in the new fund include Iberdrola, Nortia, Santander, BNP Paribas Group, Next Tech Fund, Bpifrance and brings Seaya platf... |
| 14.04.2023 | Construction is bad for the planet. This startup's solution is to assemble buildings like they're flatpack furniture. | Advertisement 011h cofounder Lucas Carné.011h Spanish startup 011h is betting on timber as a humble hero to ease the climate and housing crises. It's making materials in a factory and then assembling buildings on-site — like Ikea furniture.... |
| 13.04.2023 | Construction is bad for the planet. This startup's solution is to assemble buildings like they're flatpack furniture. | 011h cofounder Lucas Carné. 011h Redeem now . Spanish startup 011h is betting on timber as a humble hero to ease the climate and housing crises. It's making materials in a factory and then assembling buildings on-site — like Ikea furniture.... |
| 22.08.2022 | Tech fund Andromeda closes its first sustainable investment in construction company 011h | The fund owned by the electricity company chaired by Ignacio Galán, Seaya Ventures, ICO and Nortia is backing this growing Spanish company that designs carbon neutral buildings. Andromeda, Spain’s first major technology fund to accelerate t... |
| 11.07.2022 | How startup CEOs are destigmatizing abortion conversations | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Since the Supreme Court overturned Roe v. Wade at the end of last month—reversing a nearly 50-yea... |
| 08.07.2022 | 011h Raises €25M in Series A Funding | 011h, a Barcelona, Spain-based provider of a building platform to accelerate the transition to a sustainable built environment, raised €25M in Series A funding. The round was led by Redalpine, with participation from Seaya Andromeda, Breega... |
| 08.07.2022 | Spain-based 011h bags €25M to make sustainable building construction the new norm | 011h, a Barcelona-based new-gen construction company, announced on Friday that it has secured €25M in a Series A round of funding led by Redalpine with the participation of Seaya Andromeda and Breega. Aldea Ventures and the company’s previo... |
| 08.07.2022 | This startup hopes to get us to net zero via its platform to construct wooden buildings | One of the stunning facts that’s emerged over the last few years — especially as VCs and startups have turned their attention toward the climate crisis — is that our cities produce an enormous amount of CO2: In fact, buildings are responsib... |
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