011h is a new-generation construction company. The first of its kind, the Spanish firm is revolutionising the sector through technology to create intelligent, high quality, healthy and sustainable buildings. Founded in 2020, its mission is to accelerate the world's transition to sustainable building development. Its way of working not only means the buildings created are more sustainable, efficient and environmental friendly, but also results in cheaper costs, shorter execution times, and better overall reliability. A people-first philosophy of collaboration and transparency underpins everything they do. Started by a group of entrepreneurs with an impressive track record, 011h now has a team, with a diverse range of professional backgrounds from tech, to architecture, to engineering. They are currently expanding their services in Spain with the ultimate goal to grow within Europe and other international markets.
Location: Spain
Employees: 51-200
Total raised: $60.85M
Founded date: 2020
Investors 4
| Date | Name | Website |
| - | noa | noavc.com/ |
| - | A/O PropTe... | aoproptech... |
| - | Seaya | seaya.vc |
| 11.12.2020 | Foundament... | foundament... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 10.10.2025 | - | $23.39M | Breega Cap... |
| 08.07.2022 | Series A | $25.35M | Redalpine ... |
| 11.12.2020 | - | $12.11M | - |
Mentions in press and media 18
| Date | Title | Description |
| 19.03.2026 | Cocoon Carbon Lands $15M, Unleashes Steel Slag for Sustainable Concrete Future | Cocoon Carbon secured $15M Series A funding. The company transforms steel slag from electric arc furnaces into a vital cement replacement. This innovative technology creates scalable, cost-competitive supplementary cementitious materials (S... |
| 18.03.2026 | Data centre boom fuels need for cement substitutes as London’s Cocoon Carbon lands €13 million | Cocoon Carbon, a UK company developing a scalable supply of cement substitutes, known as supplementary cementitious materials (SCMs), today announced the closing of a €13 million ($15 million) Series A round. The investment was co-led by 21... |
| 10.10.2025 | Barcelona-based 011h raises €20 million to accelerate low-carbon, tech-driven construction | Barcelona-based construction technology company 011h has raised €20 million in a new funding round led by Ship2B Ventures and CDTI (Centro para el Desarrollo Tecnológico y la Innovación). Existing investors, including Seaya Ventures, Breega... |
| 03.07.2024 | Seaya Andromeda: Pioneering Climate-Tech Fund in Southern Europe | Seaya, a Madrid-based investment firm, has made waves by closing Seaya Andromeda, the first Article 9 climate-tech fund in Southern Europe, at a staggering €300 million. This fund, backed by LPs such as Iberdrola, Nortia, and Santander, mar... |
| 02.07.2024 | Seaya Andromeda, Southern Europe's first Article 9 climatetech fund raises €300M | Madrid investment firm Seaya has closed Seaya Andromeda — the first Article 9 climate-tech fund based in Southern Europe — at €300 million. The new fund's LPs include Iberdrola, Nortia, Santander, BNP Paribas Group, Next Tech Fund, and Bpif... |
| 02.07.2024 | Seaya closes €300 million climate-tech fund, Southern Europe’s biggest investment vehicle for impact-driven companies | Seaya has closed Seaya Andromeda, the first Article 9 climate-tech fund based in Southern Europe, at €300 million. LPs in the new fund include Iberdrola, Nortia, Santander, BNP Paribas Group, Next Tech Fund, Bpifrance and brings Seaya platf... |
| 14.04.2023 | Construction is bad for the planet. This startup's solution is to assemble buildings like they're flatpack furniture. | Advertisement 011h cofounder Lucas Carné.011h Spanish startup 011h is betting on timber as a humble hero to ease the climate and housing crises. It's making materials in a factory and then assembling buildings on-site — like Ikea furniture.... |
| 13.04.2023 | Construction is bad for the planet. This startup's solution is to assemble buildings like they're flatpack furniture. | 011h cofounder Lucas Carné. 011h Redeem now . Spanish startup 011h is betting on timber as a humble hero to ease the climate and housing crises. It's making materials in a factory and then assembling buildings on-site — like Ikea furniture.... |
| 22.08.2022 | Tech fund Andromeda closes its first sustainable investment in construction company 011h | The fund owned by the electricity company chaired by Ignacio Galán, Seaya Ventures, ICO and Nortia is backing this growing Spanish company that designs carbon neutral buildings. Andromeda, Spain’s first major technology fund to accelerate t... |
| 11.07.2022 | How startup CEOs are destigmatizing abortion conversations | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Since the Supreme Court overturned Roe v. Wade at the end of last month—reversing a nearly 50-yea... |
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