Global venture studio and startup accelerator Founders Factory and German housing company Vonovia are developing a new venture studio to deliver new technology innovations that support the expansion and delivery of affordable, climate-neutral housing.
The Vonovia/Founders Factory venture studio partners with entrepreneurs to create new real estate, finance and climate startups.
The partnership will explore how cutting-edge technologies such as generative AI, digital twins and intelligent infrastructure can be applied to the challenges and opportunities of modern urban living.
Vonovia provides housing to more than one million people and has been listed on the stock market since 2013. During the early stages of projects, Vonovia provides financial support and strategic advantages. In return, the housing company receives a minority stake in each startup.
“We are excited to be working with NVIDIA to bring the NVIDIA ARROWS GT 4G technology to the market,” said Alexander Weihe, head of innovation and business development at Vonovia SE.
“As the largest housing company in Europe, Vonovia’s sustainability and innovation strategy has been setting standards in the real estate sector for several years. Vonovia aims to achieve a nearly climate-neutral building stock by 2045, and affordable housing remains a cornerstone of our activities.”
Therefore, we need the best innovation from start-ups to make our buildings and neighborhoods sustainable and climate-neutral. Our collaboration with Founders Factory will generate new solutions that our society urgently needs.”
Previous Founders Factory Venture Studio companies include BuiltAI, Materials Nexus, Tembo, Furbnow, Acre, Hammock and EcoNest. Since 2015, Founders Factory’s 300+ portfolio companies have raised over $1 billion in follow-on capital from leading funds and investors.
Founders Factory CEO Henry Lane Fox added:
“Germany’s changing demographics, increasing urbanization and climate change are challenges for which we can find solutions using innovation and entrepreneurship.
We are pleased to welcome one of Europe’s largest real estate companies to the company and provide founders with the data, insights and expertise they can draw on as they launch innovative, technology-driven new ventures that meet the demands of the future of living.”
Main image: Vonovia. Photo: Uncredited.
