Circuland, a startup based in London, has successfully raised €750,000 in a pre-seed funding round aimed at advancing its green construction technology. The round was led by Apeiron Ventures, with Astylab Ventures also participating.
The funding will enable Circuland to continue developing its Digital Material Passports platform and expand its team. This technology allows for better lifecycle management of construction materials, supporting their reuse and recovery, which helps minimize waste. The platform’s focus is on creating “Material Banks,” where buildings serve as repositories for reusable construction materials. Circuland’s approach is in line with upcoming EU regulations, including the Digital Product Passport policy and other sustainability frameworks such as the EU Green Deal and Circular Economy Action Plan.
Already making strides in the UK and Europe, Circuland’s platform is helping major organizations and Fortune 500 companies reduce carbon emissions and material waste within the construction industry.
CEO and Co-founder Anastasia Stella expressed enthusiasm about the new backing, stating, “This investment will enable us to meet the increasing demand for our solutions and continue innovating in circular economy practices within construction.” CTO and Co-founder Angelo Mermiklis emphasized the importance of data in driving change, saying, “We are bringing the same data transparency that revolutionized the financial sector to construction, enabling buildings to act as true Material Banks.”
Partners Dimitris Kalavros Gousiou and Nikos Antoniou of Apeiron Ventures pointed out the significant environmental impact of the construction sector, which accounts for 40% of global carbon emissions and 62% of the UK’s waste. “Circuland’s technology addresses a critical need for sustainability in the construction industry. Their Digital Material Passports could set a new standard for circular economy practices,” they noted.
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By Proptechbuzz
By Ravi Kumar
