Vizcab, a Lyon, France-based provider of a SaaS platform that calculates the Life Cycle Assessment (LCA) to reduce the carbon impact of construction projects, raised additional €4.5M in Series A funding.
The round, which brought the Series A total amount to €9M, was led by KOMPAS VC. Other investors included Global Brain and Brick and Mortar Ventures.
The company intends to use the funds to support its growth and expand its operations into new international markets.
Founded in 2015 by Dr. Thomas Jusselme and Guillaume Lafont, Vizcab automates the calculation of CO2 emissions and Life Cycle Assessments (LCA) of construction projects across a company’s entire lifecycle. The AI-driven platform connects stakeholders across the value chain – from architects and engineers to manufacturers and construction companies to optimise their carbon performance, improve operational efficiency, ensure regulatory compliance, expedite ESG reporting and help work towards net-zero emissions. Vizcab’s platform integrates with industry-standard construction tools, driving the adoption of sustainable practices across the construction industry.
In June, Vizcab will launch the first international module to engage with new customers in 33 countries as an initial step in its global expansion roadmap.
Future plans include involving building material manufacturers to promote their sustainable products.
FinSMEs
28/05/2024