BESIX Group becomes new fund investor in PropTech1 Ventures

The construction group BESIX becomes an investor in PT1 - PropTech1 Ventures, the European platform for transformative real estate technologies. PT1 has made its fourth investment from the second fund and invested in the British technology company Greenworkx.
News by Marc Nemitz Marc Nemitz · Stuttgart, 24. July 2023

The construction group BESIX becomes an investor in PT1 - PropTech1 Ventures, the European platform for transformative real estate technologies. PT1 has made its fourth investment from the second fund and invested in the British technology company Greenworkx.

BESIX Group invests as a new fund investor in PT1 - PropTech1 Ventures, the European venture capital platform for transformative real estate technologies. BESIX Group is an international construction company with an annual turnover of 3.4 billion euros (2022).

Our goal at BESIX is to strengthen our diversification efforts by investing in PropTech startups to stay ahead of the curve and position ourselves as an innovative force in the ever-evolving real estate and construction landscape.

Dr. ir. Thomas Vandenbergh, General Manager BESIX Technology

In its fourth investment from the second fund, PT1 has invested in the British technology company Greenworkx. Greenworkx is a climate EdTech startup that trains qualified workers for climate-neutral infrastructures and supports the transition to "net zero". In addition, two new venture partners are supporting the PT1 team: Louise Richnau from Sweden and Sally Jones from London.

PT1 was recognized as the top brand among PropTech investors in the DACH region in a market study by pom+ Germany. Among other things, the company achieved first place in the categories of brand awareness, quality, number of investments, PropTech investment volume, LP investor base and expected returns. PropTech1 Ventures invests in innovative companies from Europe that develop transformative real estate technologies. The platform has a diverse team based in Berlin and London with outposts across Europe to discover, fund and promote innovation.

PT1's real estate technologies focus on solving pressing challenges in the real estate, infrastructure and energy sectors, such as modernizing existing properties and adapting to climate change. We first reported on PT1's investment in Voltfang on Startbase in May of this year.


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