Finnish PropTech company Make a BIM has secured pre-seed funding to expand its operations and enhance its automation technology. The funding round was led by Kiilto Ventures, with participation from Innovestor and members of the Finnish Business Angels Network (FiBAN), including Kim Väisänen, Esa Kinnunen, and Teemu Jokinen.
Addressing Europe’s Building Renovation Challenge
The European Union is confronted with a substantial challenge, as 97% of its buildings need upgrades to meet the goal of a decarbonized building stock by 2050. This challenge is intensified by the fact that 85% of these structures were constructed before 2000, with 75% showing poor energy efficiency. To achieve the EU’s climate objectives and comply with the forthcoming Energy Performance of Buildings Directive (EPBD), which will take effect in 2026, extensive renovation is essential. The EPBD seeks to enhance energy efficiency, stimulate comprehensive renovations, and transition Europe to zero-emission buildings.
“Buildings account for 40% of Europe’s energy consumption, primarily for heating and cooling. While electric vehicles receive significant attention, the critical issues related to buildings are often overlooked, despite their universal impact,” says Leo Salomaa, Co-Founder of Make a BIM.
A critical tool in meeting these renovation goals is Building Information Modeling (BIM). However, many existing structures lack digital or 3D blueprints, posing a significant obstacle to meeting the EU’s objectives. Implementing BIM will be crucial for obtaining building permits and ensuring that upgrades meet modern energy standards.
Make a BIM’s Contribution to Carbon Neutrality
Established in 2023 by Leo Salomaa, Ville-Matti Tanninen, and Jami Valorinta, Make a BIM utilizes AI to create digital models of existing buildings. The company’s technology converts 2D drawings into BIM models within minutes, significantly reducing the need for repetitive manual work by experts. This innovation not only streamlines the renovation process but also aids in compliance with regulatory standards, offering a more efficient pathway to carbon neutrality.
“We have already produced models for over 100 buildings in Finland and abroad. Many of these models, including those for HEKA, have been used to optimize energy renovations. We are now planning to scale this solution globally, with interest coming from regions as far as the U.S. and Asia,” shares Leo Salomaa.
Kiilto Ventures Leads Investment in Make a BIM
“BIM models are crucial for various applications, especially energy renovations, and regulations are driving their adoption. We see them as key enablers of a more sustainable built environment. Make a BIM impressed us with their technical solution, which addresses a critical challenge in the early stages of BIM creation. The team has demonstrated a strong ability to address real customer needs, as evidenced by their rapid initial success,” says Matti Rönkkö, Head of Kiilto Ventures.
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By Ravi Kumar