011h

011h is a Spain-based construction technology company that builds structures using prefabricated mass timber components and an end-to-end digital management platform. By assembling factory-made parts on-site, the firm reduces construction timelines by 35% and cuts carbon dioxide emissions by over 50% compared to traditional building methods. The company delivers turn-key multifamily and social housing projects to real estate developers, serving clients such as Renta Corporación, AEDAS Homes, and Culmia. Operating with a workforce of 51 to 200 employees, 011h currently manages €50 million in active construction projects and has secured €100 million in commitments for 2026. The enterprise has raised €55 million in total venture funding, including a recent €20 million round led by Ship2B Ventures. 011h was founded in 2020 by Lucas Carné and José Manuel Villanueva.

High-Level Overview

011h is a Barcelona-based technology company founded in 2020 that revolutionizes construction by treating it like product manufacturing—faster, more reliable, sustainable, and scalable through digital tools, prefabricated components, and sustainable materials.[1][2][3] It builds affordable multifamily housing and other structures for developers like AEDAS, CULMIA, and public institutions like IMHAB, solving the construction industry's stagnation, low productivity, and massive CO2 emissions (38% of global total) by digitizing processes from design to build.[2][3] With €35 million raised from investors including Redalpine, Seaya Andromeda, and Breega, 011h has demonstrated strong traction: a project for Renta Corporación cut embodied carbon by 90% and timelines by 35%, leading to three more large commissions by July 2022, while growing to 102 employees and handling multiple major developments.[1][5]

Origin Story

011h was founded in 2020 by Lucas Carné and José Manuel Villanueva, serial entrepreneurs who sold e-commerce firm Privalia in 2019 and spotted construction as the last major sector untouched by digital transformation.[1][2] Frustrated by its stagnant productivity and environmental impact, they assembled a team including other partners, with leadership like Co-Founder & CFO (ex-MANGO Group CFO) and CTO Ricard Giné (ex-Vueling Airlines).[1] Early traction came with a 650-square-meter pilot in 2021, scaling to larger projects and proving their model of prefab construction, supplier networks, and full-process digitization.[4]

Core Differentiators

• Prefabricated, Manufacturing-Like Construction: Builds like flatpack furniture using prefab components for speed (35% faster timelines), reliability, and scalability, with visible wood finishes, low maintenance, and 20% higher energy efficiency.[1][3][4]
• Digital "Superpower" Platform: Integrates design-to-build via Revit® plugins for automated libraries/marketplaces, intuitive wizards for suppliers, and AI-enhanced dashboards for lean construction simulation, collaboration, and waste reduction—connecting designers, contractors, and suppliers early.[2][3]
• Sustainability Focus: Certified B Corporation delivering carbon-neutral buildings, slashing embodied carbon by 90% through sustainable materials and design; targets maximum space utilization for affordable housing.[1][2][5]
• Integrated Ecosystem: "Build-Hub" supplier network ensures reliable supply chains; half the team are software developers alongside architects/engineers, positioning as the "Amazon of construction."[3][4]
• Proven Network and Traction: Partners with top developers; methodical growth from pilots to multimillion-euro projects.[1][4]

Role in the Broader Tech Landscape

011h rides the green construction wave amid climate urgency, urban housing shortages, and EU regulations pushing net-zero buildings, where traditional methods lag due to fragmentation and emissions.[2][6] Timing aligns with proptech booms—post-2020 funding surge (€35M raised) and investor focus on climate-tech, like Seaya's €300M fund and A/O Proptech's €250M Fund II.[1][6] Market forces favor it: rising demand for affordable, efficient multifamily housing in dense areas like Spain, France; digitization unlocks prefab scalability where labor shortages bite. It influences the ecosystem by proving tech can cut costs/risks for developers, onboarding suppliers digitally, and setting standards for low-carbon builds—pioneering a platform model that could standardize sustainable construction Europe-wide.[3][4]

Quick Take & Future Outlook

011h is poised for explosive growth, expanding from Spain's residential market into France and beyond, scaling its platform to become the go-to hub for prefab sustainable projects while handling larger portfolios with majors like AEDAS.[3][4] Trends like AI-driven construction, stricter carbon regs, and proptech consolidation will accelerate its trajectory, potentially unicorn status via international replication. Its influence could reshape construction from craft to industry, bridging digital and physical worlds for a low-carbon built environment—proving a "tech-savvy builder" can manufacture the future of housing.[4][5]