AtechX Launches Fourth Cohort: Aroundtown Supports Eleven PropTech Startups in the Real Estate Industry

Aroundtown’s innovation and venture platform, AtechX, is launching its fourth cohort. Over the next four months, a total of eleven international startups will work with leading companies in the real estate industry to further develop and scale their technologies under real-world market conditions.

The focus is on solutions for some of the industry’s biggest challenges: energy efficiency, building retrofits, digitalization, artificial intelligence, robotics, construction site automation, and smart real estate and energy management.

Focus on Market-Ready Scale-ups

With this new cohort, AtechX is consistently expanding its program. In addition to early-stage startups, the initiative is increasingly targeting later-stage companies and scale-ups that already have market-ready products and can test them in real-world portfolios in collaboration with real estate companies.

In return, participants gain access to the real estate portfolios of AtechX partners and can immediately validate and further develop their solutions under real-world conditions. Particularly successful companies will continue to receive support in expanding their market presence even after the program concludes.

Broad Technology Spectrum

The eleven selected companies cover nearly the entire real estate lifecycle.

Among them are:

• NAVOU, which retrofits existing buildings for energy efficiency using modular wood construction systems.
• Scale Energy, which develops battery storage and smart energy management solutions for commercial properties.
• Tequs, which offers CO₂-based high-temperature heat pumps as an alternative to gas and oil heating systems.
• Muvan, which automates asset and property management using AI.
• Parsewise, which converts real estate documents into structured, machine-readable data.
• Origin Tech, which develops robotics and AI solutions for automated construction sites.
• Emulate, which accelerates permitting and planning processes in the construction industry using artificial intelligence.

Other startups focus on environmental and soil remediation, utility billing, construction site logistics, or sustainable battery materials.

Access to real estate portfolios worth over 400 billion euros

A key advantage of the program is its extensive partner network. The startups gain access to real estate portfolios from companies such as Aroundtown, Vonovia, LEG Immobilien, Apleona, Prologis, Round Hill Capital, Stoneweg, Schwarz Digits, and the Supernova Group. Together, they represent real estate holdings worth more than 400 billion euros.

In addition, AtechX collaborates with venture capital funds such as Fifth Wall, noa, Realyze Ventures, The Bau Ventures, and Zacua Ventures, which collectively manage approximately 3 billion euros.

Testing Innovations Directly in Existing Buildings

The program takes a hands-on approach: rather than developing technologies exclusively in the lab, startups can deploy their solutions directly in existing properties and further develop them in collaboration with experienced real estate companies.

In doing so, AtechX positions itself as one of the largest innovation platforms for PropTech and ClimateTech companies in Europe and underscores the growing importance of digitalization, sustainability, and automation for the future of the real estate industry.