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Synopsis
Redalpine, an European venture capital investor, led a $25m Series A funding round in 011h, a new-generation construction company, with participation from Seaya Venture, Breega Capital, Aldea Ventures, Foundamental and A/O Proptech. The funding will be used to further develop 011h’s digital platform and building system, as well as grow its team and strengthen its network of partners. Initially, 011h will focus on projects in its home market of Spain. It will then pursue its goal of becoming a leading building platform in Europe, and ultimately an open platform with global reach.
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