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§ Private Profile · Berlin, Germany
General contractor for serial renovation and sustainable modernization of apartment blocks in Germany, using modular construction.
Based in Berlin, Germany, ecoworks operates as a general contractor specializing in the serial renovation and sustainable modernization of existing apartment blocks using AI-driven 3D planning and modular pre-fabrication. The company manages full-scale retrofitting projects at fixed prices, upgrading facades, roofs, and building technology to improve energy efficiency while allowing tenants to remain on-site. Currently managing the planning and installation for 850 apartments, the firm employs over 130 personnel across its domestic operations. The enterprise has raised approximately €50 million in total funding, including a €40 million Series A round led by World Fund with participation from Haniel and Kompas VC. Additional financial backing comes from notable angel investors such as former Vonovia executive Klaus Freiberg and SoundCloud co-founder Alexander Ljung. ecoworks was founded in 2018 by Emanuel Heisenberg and Kristofer Fichtner.
ecoworks has raised $83.4M across 4 funding rounds.
ecoworks has raised $83.4M in total across 4 funding rounds.
ecoworks has raised $83.4M across 4 funding rounds. Most recently, it raised $45.0M Series A in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $45M Series A | World Fund | Atomico, DST Global, EQT Ventures, KOMPAS VC, Lifeline Ventures, TEN Eleven Ventures, Haniel, ISAI | Announced |
| Jul 28, 2023 | $24.2M Series A | — | Blackhorn Ventures, Nikolas Samios, Sabanci Building Solutions, Surplus Equity Partners, Warema Group, Zacua Ventures | Announced |
| Jun 2, 2022 | $8.2M Venture Round | — | Blackhorn Ventures, RAJ Singh, Motu Ventures, PropTech1 Ventures, Warema Group, Zacua Ventures | Announced |
| Apr 1, 2020 | $6M Seed | Surplus Invest | 8 BIT Capital, Astanor Ventures, Creandum, Eight Roads Ventures, Floodgate, Harrison Metal, Ligature, MTech Capital, Northzone, Otherwise Fund, Sherpalo Ventures, Zetta Venture Partners, Alexander Ljung, Daniel Skavén Ruben, Eric Quidenus Wahlforss, Eric Ries, Jason Lemkin, Matt Macinnis, Christian Vollmann, Klaus Freiberg, Nicholas Neerpasch, Torben Schreiter, PropTech1 Ventures, WI Venture | Announced |
ecoworks has raised $83.4M in total across 4 funding rounds.
ecoworks's investors include World Fund, Atomico, DST Global, EQT Ventures, Kompas VC, Lifeline Ventures, Ten Eleven Ventures, Haniel, ISAI, Blackhorn Ventures, Nikolas Samios, Sabanci Building Solutions.
ecoworks is a Berlin-based technology company specializing in AI-supported, prefabricated solutions for fast, cost-effective, and scalable serial refurbishment of existing buildings to achieve net-zero energy standards.[1][2][3] It develops and installs modular facade and roof elements that integrate insulation, windows, ventilation, heating, and building services, transforming inefficient buildings into plus-energy houses that generate more energy than they consume, primarily targeting housing companies and cooperatives to reduce CO2 emissions in the building sector, which accounts for a large share of global emissions.[1][3][4] Serving property owners facing regulatory pressures for energy efficiency, ecoworks solves the problem of slow, expensive on-site renovations by shifting 80% of value creation to automated factories, enabling renovations in weeks with fixed prices, minimal disruption, and ESG compliance; the company has raised €43.8 million in funding, boasts over 130 employees, and has renovated 54,928 m² across 1,500+ housing units, with strong growth including a €40 million round in 2024 led by World Fund.[2][4][5]
Founded in 2018 by Emanuel Heisenberg, ecoworks emerged to tackle the housing sector's challenges of high construction costs, climate goals, and affordable rents amid Europe's renovation crisis, where less than 1% of energy-inefficient buildings (75% of the stock) are upgraded annually.[2][4][6] Heisenberg, now CEO, drew on industry expertise to pioneer serial renovation in Germany starting in 2019, implementing the first projects with digital planning and prefabricated modules after recognizing that traditional on-site work was inefficient.[1][4] Early traction came from pilots demonstrating rapid CO2 reductions and cost savings, evolving into support for diverse clients from small cooperatives to large corporations; by 2024, the interdisciplinary team of 130+ engineers, architects, and digital specialists had secured oversubscribed funding and a robust order book, positioning ecoworks as a leader amid EU regulations mandating building energy reductions.[2][4]
ecoworks rides the net-zero building renovation wave, capitalizing on Europe's push for decarbonizing the built environment—responsible for major global CO2 emissions—amid EU regulations requiring energy reductions in worst-performing residential buildings.[1][2] Timing is ideal with rising capital for climate tech, a €40 million oversubscribed round signaling market demand, and low renovation rates creating massive opportunity for scalable tech solutions over manual methods.[2] Favorable forces include policy tailwinds, ESG mandates for housing firms, and tech convergence (AI, automation, prefabrication) enabling serial scalability; ecoworks influences the ecosystem by accelerating "renovation waves," partnering with VCs like World Fund, and proving modular retrofits can drive innovation, cost savings, and climate protection, potentially redefining construction from craft to industry.[2][4][6]
ecoworks is primed for European expansion as a construction tech leader, leveraging its order book, margins, and factory scaling to capture the multi-trillion renovation market amid tightening regulations and net-zero mandates.[2] Trends like AI-optimized prefab, regulatory enforcement, and corporate climate pledges will fuel growth, with potential for gigaton-scale impact by 2045 through portfolio-wide deployments.[1] Its influence may evolve by standardizing serial methods, inspiring copycats, and bridging startups with housing giants—ultimately proving tech can make building upgrades as efficient as software, tying back to its mission of fast, economical serial refurbishment for a net-zero world.[1][3]