PT1

The first closing of our second fund is done at €44 million! 🍾 Our Fund II for #startup investments in transformative real estate technologies is now online and with the first closing, we have already reached more than three times the volume of the first closing of our first fund. PT1 Early-Stage Fund II is now live and operational, so we're calling all innovative #Futurebuilders from across Europe that tackle the mega challenges of our time created by increasing scarcity of natural resources, affordable living space and skilled labour. Let's transform the built world together! For the first closing, we welcome more prominent investors like Helaba, Schörghuber Corporate Group, Halton Group or the returning Fund I investor noventic group, who are joining the already announced Commerz Real AG, BRUNATA-METRONA GmbH & Co. KG, evoreal GmbH, JLL Spark, Liechtenstein Group, OTTO WULFF, Scout24 Group and Supernova Invest GmbH. Once again, numerous entrepreneurs and top managers from the scene like Thomas Wiegand, Thomas Zinnöcker and Birgit Rahn-Werner have invested. Welcome to the family! Last but not least, we're excited to announce the promotion of Konstantinos Matsoukas and Klara Ritter to Associate Partners, while Kingma Ma will lead our London office as Managing Director. #Marketing Communication

Multiple Krisen führen zu einer komplexer werdenden Welt. Mit den großen Herausforderungen kommen jedoch auch große Wachstumspotentiale - gerade für innovative #Startups. Deswegen investieren wir nicht nur in PropTech, sondern in transformative Technologien in den angrenzenden Assetklassen wie #Energie und Infrastruktur. Auch der heute erschienene blackprint PropTech Report H1/2024 macht die Verschmelzung der Sektoren deutlich, denn er zeigt, dass knapp 70% der Technologieinvestitionen in der globalen Bau- und #Immobilienwirtschaft sich mittlerweile auf Klimathemen konzentrieren und stellt die Schlüsselrolle von Energieeffizienz, Zirkularität und dem Ausbau der erneuerbaren Energien im Bau- und Gebäudesektor dar. Hier geht es zum Download des #PropTech Reports H1/2024: https://lnkd.in/dMCeVAr7

We are a proud buyer of the very first ton of #carbon dioxide removed from the atmosphere through NeoCarbon! Why is this more than just an empty gesture or a way to greenwash some of our own carbon emissions? Because this first metric ton of removed #CO2 through our portfolio company is only the humble beginning of a significant step in the fight against #climate change. Inevitably, we will have to embrace the concept of direct air capture – technologies that extract carbon dioxide directly from the ambient air. Since 2022, the IPCC recognises that carbon dioxide removals (CDR) are critical to addressing climate change – and they need to be executed on a monumental scale if we are to reach net-zero emissions by 2050. There are two approaches that can lead to grand-scale greenhouse gas removal: 1. The centralised approach: There are a handful of places around the world like Iceland that offer the right conditions for industrial-scale carbon removal facilities. By using #sustainable geothermal energy, enough power can be produced to make these facilities ecologically and economically viable. The captured CO2 is subsequently stored in the ground (sequestration). 2. The decentralised approach (the NeoCarbon way): An alternative option is to go where energy and carbon dioxide is actually emitted – and that means basically every large building, whether it may be manufacturing factories, data centers or cooling towers on top of shopping centers. NeoCarbon’s systems can be cost-effectively retrofitted, using the waste heat to power carbon capture. The CO2 can then either be stored or, even better, used directly at the site. Breweries and drink companies, for example, can use the CO2 to carbonate beverages, while cement producers can utilise it to harden their concrete.   But why should the built world install carbon capture systems on their roofs? The popular practice of becoming "net-zero" via buying cheap credits from remote carbon offset projects is facing much more scrutiny for good reasons. As the Guardian reported, “more than 90% of rainforest carbon offsets by the biggest certifier are worthless”, thereby producing only “phantom credits”. These practices will be outlawed by more and more governments around the world. Additionally, industrial buildings and their owners will be required to put their waste heat to use rather than to blow it into the air - or face penalties. So what better way to offset a company’s own emissions than to utilise this energy to capture carbon that you use or generate quality removal credits? This is why our own humble, green carbon removal certificate is only a way to signify the start of NeoCarbon’s big journey to capture CO2 on a gigaton scale – and we are excited to be a part of it! If you want to learn more about technologies to adapt to climate change, read our new whitepaper on the topic here: https://lnkd.in/d2CFvP8G

Buildings contribute to 39% of global energy-related carbon emissions, with 28% resulting from heating, cooling and powering them. Therefore, modernizing our existing building stock to reduce #energy use is essential. At PT1, Klara Ritter and Ada E. have uncovered the key factors influencing the European renovation wave. In our deep dive, we: \ Analyzed recent European regulations on energy-efficient #retrofitting \ Talked to numerous asset managers, investors and innovative #startups in the sector \ Identified key bottlenecks slowing down the #renovation movement \ Discovered critical solutions needed to achieve a #NetZero building stock by 2050 Our findings underscore the crucial role of energy renovations in decarbonizing aging buildings while also uncovering the complexities inherent in this sector.   We're on the lookout for passionate founders to lead the renovation movement. Reach out if you're one of them! Startups in this sector that should be on your radar: Comgy, ecoworks (a PT1 portfolio company), Home.Earth, Kestrix, Geosite, Metry, Openvolt, Metrikus, Spotr, Measurabl, Alasco, Deepki, blue auditor, Lookthrough, Predium, Building Atlas, Audette.io, 42watt (a PT1 portfolio company), Deutsche Sanierungsberatung, Fuchs & Eule, Hestia, Furbnow, IKOSIA, AMPEERS ENERGY, Purpose, Brightly, MapMortar, credium, Scandens, syte, SkenarioLabs, vreed GmbH, Superowner, BuildingMinds, Envo, OPTIMUSE, CAALA, Optiml

Die Immobilien Zeitung berichtet über unsere Studie zum Thema Technologien für eine klimaresiliente Zukunft und benennt die klaffende Finanzierungslücke: \ $1,1 Billionen p.a. werden im Bereich der leider immer notwendiger werdenden Klimaanpassung weltweit benötigt \ €44 Milliarden p.a. entfallen auf #AdaptationTech-Lösungen, die für #Klimaresilienz benötigt werden Hier geht es zum Artikel der IZ von Stefan Merkle: https://lnkd.in/dVq2nDnW Es besteht kein Mangel an #Startups, die an innovativen Lösungen für den Umgang mit den Auswirkungen des Klimawandels arbeiten, insbesondere im urbanen Sektor. Einer der Hauptgründe für die massive Unterfinanzierung ist die geringe Beteiligung von privatem Kapital, da 98% der entsprechenden Investitionen derzeit aus dem öffentlichen Sektor stammen. Das Thema Klimaanpassung und innovative Technologien werden für Investoren jedoch in den kommenden Jahrzehnten besonders interessant, weil sie eine doppelte Rendite versprechen - sowohl in finanzieller als auch in sozialer und ökologischer Hinsicht. Unsere Herausforderung heißt jetzt: Lasst uns ein robustes und gut finanziertes AdaptationTech-Ökosystem in Europa aufbauen! 🔗  Zu unserem vollständigen Whitepaper: https://lnkd.in/d7YuqqA5

𝐕𝐂 𝐝𝐞𝐬 𝐓𝐚𝐠𝐞𝐬: 𝐏𝐓1 PT1 ist eine völlig unabhängige Risikokapitalgesellschaft, die sich auf Pre-Seed- und Seed-Investitionen in transformative Real-Asset-Technologien konzentriert. Sachwerte (Immobilien, Infrastruktur und Energie) unterliegen einem tiefgreifenden Wandel, der durch die zunehmende Knappheit natürlicher Ressourcen, #CO2-Budgets, Quadratmeter und qualifizierter Arbeitskräfte verursacht wird. Der VC investiert in #Futurebuilders, Startups, die von diesen Megatrends profitieren, indem sie die hohe wirtschaftliche, soziale und politische Nachfrage durch skalierbare Lösungen bedienen. 𝐁𝐞𝐬𝐨𝐧𝐝𝐞𝐫𝐡𝐞𝐢𝐭𝐞𝐧 𝐯𝐨𝐧 𝐏𝐓1: - Mithilfe seiner proprietären, #KI-gestützten Deal-Flow-Datenbank findet, finanziert und fördert PT1 echte Asset-Innovationen. - PT1 besteht aus einem europaweiten, unternehmerischen Team, das von erfahrenen Venture-Partnern mit unterschiedlichem Hintergrund unterstützt wird, von #Einhorn-Gründern bis hin zu Branchenveteranen und Investmentexperten, wodurch ein reichhaltiger Pool an Wissen, Erfolgsbilanz und Netzwerk entsteht. - PT1 ist Teil der ERIC Group, einer Plattform, die fortschrittliche Köpfe vereint, die gemeinsam in transformative Megatrends investieren. 𝐁𝐞𝐤𝐚𝐧𝐧𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: ecoworks, PlanRadar, Desana, Wunderflats 𝐓𝐞𝐚𝐦: Anja Rath, Nikolas Samios, Konstantinos Matsoukas, Klara Ritter, Kingma Ma, Fabian Koenig, Burhanuddin Pisavadi, Lennart Schlegel, Jannik De Winter, Klara Ritter, Theo Bonick, Aruna N. Nathan, Tzvete Doncheva #PT1 #VentureCapital #StartupFörderung #TechInvestment

NeoCarbon's Direct Air Capture (#DAC) machine live in action. Our CTO Silvain Toromanoff and our Partnership Manager Daniël Besselink visited the #NeoCarbon pilot installation. Together with the customer, we discussed the progress made and the next steps to be taken. The picture shows the module where the #wasteheat from the industrial site is integrated as an #energy source. The DAC module already captures CO2 autonomously from ambient air. It is very exciting to see this project up and running and we are looking forward to seeing more of the upcoming projects come to life.

Join PT1 Managing Partner Nikolas Samios share our insights on "Regulation and digital innovation - #climate mitigation and climate #adaptation in the built world" in an online session on July 9. Based on current efforts to reduce greenhouse gases, it will not be possible to achieve the goals of the Paris Climate Agreement. Climate mitigation measures will therefore increasingly have to be complemented by measures to adapt to climate impacts. Nikolas and our hosts at GvW Graf von Westphalen, one of Germany’s largest independent law firms, will talk about #ESG and the impact of regulation on innovation, the need for a new way of thinking, climate mitigation and adaptation as an investment opportunity, legal aspects of such investments in economically challenging times, trends at home and abroad and what may lie ahead for us and our children. 9 July 2024, 10:00-11:00 a.m. CEST, online Register now: https://lnkd.in/gVVHYTgZ

Ein Aufruf an die Founder und / oder das C-Level von Startups in Deutschland! Der Startup Verband hat eine Umfrage aufgelegt für Euch. Der deutsche Startup Monitor 2024 ist live. Unser Anliegen ist es die Grundbedingungen für Startups in DE kontinuierlich zu verbessern. Dafür müsst Ihr dazutun. Nur mit Eurem direkten Input können wir sinnvoll handeln. Also nutzt die Chance. Der Startup-Verband und sein Board sind für Euch im Einsatz. Das ist gut investierte Zeit! Befragung auf Deutsch: https://lnkd.in/d2uqb9wE Befragung auf Englisch: https://lnkd.in/d8Ass5GU #startupmonitor2024 #aufruf #mithilfe #vc #teilen #DSM24 PT1 Leopold Neuerburg Emanuel Heisenberg David Zimmer Arkadi Jampolski Christian Seegers Tony Schumacher Franziska Teubert Robert Oettl David Oudsandji

Last week, we are very proud by the public announcement of the 18M USD Series A raise of our portfolio company Climate X, led by GV (Google Ventures)!   With its climate risk analysis software as well as with its new “Adapt” tool to provide adaptation suggestions, Climate X is a role model for the new evolving #AdaptationTech ecosystem. AdaptationTechs are startups, providing software and hardware based solutions to enable adaptation measures to build climate resilience. To cover this topic, here is a small presentation to introduce this topic. As we are already living in a 1,5°C world with 2°C target at high risk, we can experience extreme weather events worldwide daily. AdaptationTech solutions are very important to maneuver in this new reality and achieve climate resilience which is important to both, health and wealth protection.     At PT1, we are looking deeply into this segment and recently published a whitepaper on this topic to educate on the very important challenges but also the chances, lying within this sector. You can download it here: https://lnkd.in/eMnUQrZt (German version: https://lnkd.in/ervaWZ8M)   If you are interested in learning more about AdaptationTech and how to benefit from the development of this segment, reach out to us via email [email protected] or LinkedIn message.   #climateadaptation #climateresilience #ESG