- PT1 makes 4th investment from its second fund in Greenworkx, a climate edtech startup that is building the workforce needed for critical net-zero infrastructure
- Two new international Venture Partners join PT1: The real estate veterans Louise Richnau and Sally Jones
- PT1 is named top brand in a market survey on the awareness of PropTech investors in the DACH region by pom+ Germany
Berlin, 21 July 2023 – PT1 – PropTech1 Ventures, the European venture capital platform for transformative real estate technologies, welcomes another large investor, the construction group BESIX. Founded over a century ago in Belgium, BESIX Group has become an internationally active multidisciplinary company with a leading position in construction, property development and concessions, with a yearly turnover of 3.4 billion euros (2022).
Dr. ir. Thomas Vandenbergh, General Manager BESIX Technology, comments on the investment: “Our aim at BESIX is to strengthen our diversification efforts through investments in PropTech startups in order to stay ahead of the curve and position ourselves as an innovative force in the ever-evolving property and construction landscape. After having thoroughly screened the European market for experts in the field, we have selected PT1 as the perfect partner for our strategic goals of increasing our exposure to the best PropTech startups in order to adapt and explore new avenues in response to the challenges and opportunities presented by today’s rapidly changing world.”
In addition, PT1 has made its fourth investment from its second fund in the UK-based tech company Greenworkx. Greenworkx is a climate edtech startup building the skilled and trade workforce to deliver net-zero homes, roads and energy systems – with a mission to get 10 million more people into green jobs in 10 years. They are tackling the green skills emergency by connecting learners to training, career paths and employers through an edtech app to power net-zero employment – building the workforce needed for critical net-zero infrastructure and empowering individuals to access futureproof careers throughout the net-zero transition.
PT1 is furthermore strengthening its pan-European presence by welcoming the Swedish real estate veteran Louise Richnau to its circle of selected Venture Partners. After having recently announced London-based Sally Jones, former Head of Strategy, Digital and Technology and member of the Executive Committee of British Land, Louise Richnau is PT1’s first Venture Partner from the Nordics region.
Louise Richnau has worked in the real estate sector for the last 30 years, covering investments, transactions, financing, the establishment of new businesses and sustainability issues. As a veteran real estate professional with a passion for people, business, ESG and constant improvement, she has gained previous experience from AP-fonderna (1-3), operating in a listed environment (Drott Riks AB) and from the partner-owned financial advisor Nordanö. She has also been responsible for the establishment of Brunswick Real Estate Capital, the first Nordic institutional real estate credit fund (today Niam Credit).
PT1 is also proud to have been named the top brand in a market survey on the awareness of PropTech investors in the DACH region. The real estate consultancy pom+ Germany has conducted a survey among approx. 90 real estate decision makers and PropTech founders with the result that PT1 ranks first in all key criteria among PropTech investor from the DACH region: brand awareness, quality, number of investments made, PropTech investment volume, existing LP investor base and expected financial return.
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