Deepki grabs $166 million to assist actual property traders cut back carbon emissions

French startup Deepki has raised a $166 million Sequence C funding spherical (€150 million). The corporate is constructing a software-as-a-service platform for the actual property business. It’s a monitoring and analytics product that helps you’re taking higher selections.

Firms utilizing Deepki can observe and analyze ESG (Environmental, Social, and Governance) standards, beginning with carbon emissions generated by their actual property portfolio.

You possibly can’t cut back what you possibly can’t measure. As actual property traders need to decrease their environmental influence with new and current initiatives, Deepki first allows you to get a complete overview of your carbon emission efficiency.

Deepki allows you to gather and combination information, similar to power, water and waste. The corporate tries to automate this course of as a lot as doable utilizing APIs, internet scraping or connections to SFTP servers.

It may be a superb start line to see the way you stack up in comparison with authorized necessities throughout varied geographies. You may as well extract information and use it for certifications.

However utilizing a product like Deepki will be notably helpful to see developments over time. From Deepki’s information administration and monitoring platform, you possibly can see how your electrical energy or water consumption adjustments over time.

Massive company purchasers with a number of business properties can add a number of areas to Deepki and evaluate them on the platform. This fashion, you possibly can prioritize one constructing over one other to implement power financial savings plans. It’ll enhance your general carbon trajectory.

The Sequence C spherical has been led by Highland Europe and One Peak Companions. Bpifrance’s Giant Enterprise fund and Revaia are additionally collaborating within the funding. Some current traders are additionally placing extra money on the desk, similar to Hello Inov and Statkraft Ventures.

“The worldwide actual property sector must act now whether it is to halve its emissions by 2030 and meet the web zero goal by 2050. This represents an enormous market alternative for Deepki. As we speak’s new funding announcement signifies that Deepki could make a better influence and assist much more asset house owners in taking up the local weather change problem, and we’re happy to have our new companions Highland Europe and One Peak, in addition to Revaia and Bpifrance Giant Enterprise on this journey,” co-founder and CEO Vincent Bryant stated in a press release.

As you possibly can see, Deepki develops a extremely particular SaaS platform for purchasers with very particular wants. That’s why the corporate additionally has a consulting service to assist Deepki’s clients implement ESG methods and motion plans.

The corporate at present has 150 staff throughout 5 European capital cities. Deepki at present displays buildings in 38 completely different nations, which symbolize over 500 million sq. meters. Shoppers embody AEW, Tikehau, Generali RE, DeA Capital, Allianz Actual Property, Warburg HIH, Azora Capital and Neinver.