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Announced

E.ON invested in start-up company HoloBuilder.

Synopsis

E.ON, an international private energy company, invested in HoloBuilder, a San Francisco-based construction technology company that designs, develops, and sells enterprise SaaS software. Financial terms were not disclosed. “The increasing cross-sector demand for our solutions shows us that we have hit a nerve as a start-up – the digitization of construction processes offers enormous opportunities. E.ON was the first company in the European energy industry to recognize the potential and is taking on a pioneering role in the digitization of construction sites and infrastructure. We are convinced that this completely new way of planning, executing and monitoring construction processes will set new standards,” says Mostafa Akbari-Hochberg, founder and CEO of HoloBuilder.

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