Predium raises €13 million in Series C funding

Predium, a Germany-based provider of environmental, social, and governance management solutions for the real estate and finance industry, raised €13 million in Series C funding.

Norrsken VC led the investment round with participation from UVC Partners, b2venture, and Mutschler Ventures.

Predium, founded in 2021 by Jens Thumm, Mohamed Ali Razouane, and Maximilian Körner, offers a software platform that assists property owners and managers in assessing and enhancing the environmental sustainability of their buildings.

By analyzing existing data, such as energy certificates and utility bills, and supplementing missing information with advanced technologies like artificial intelligence and satellite imagery, the Predium software provides a comprehensive overview of a building’s environmental performance.

These insights will enable clients to identify areas for improvement, plan cost-effective renovations to reduce carbon emissions and comply with reporting standards.

Notable clients include Deutsche Investment Group, B&L Group, Tattersall Lorenz, Valon Group, and Pamera Real Estate Partners.

With newly secured funds, Predium intends to further scale up its ESG solutions for clients around the world.