011h is a technology company.
011h is a technology company.
011h has raised $60.0M across 3 funding rounds.
Key people at 011h.
011h was founded by Jose Ojeda (Co-founder).
011h has raised $60.0M in total across 3 funding rounds.
Key people at 011h.
011h was founded by Jose Ojeda (Co-founder).
011h has raised $60.0M in total across 3 funding rounds.
011h's investors include Breega, Foundamental, Redalpine Venture Partners, Seaya Ventures, AngelList Syndicator, Elaia Partners, Entrepreneur First, Exponent Founders Capital, FirstMark Capital, Kima Ventures, La Famiglia, Robot Ventures.
011h is a Barcelona-based technology company founded in 2020 that revolutionizes construction by treating it like product manufacturing—faster, more reliable, sustainable, and scalable through digital tools, prefabricated components, and sustainable materials.[1][2][3] It builds affordable multifamily housing and other structures for developers like AEDAS, CULMIA, and public institutions like IMHAB, solving the construction industry's stagnation, low productivity, and massive CO2 emissions (38% of global total) by digitizing processes from design to build.[2][3] With €35 million raised from investors including Redalpine, Seaya Andromeda, and Breega, 011h has demonstrated strong traction: a project for Renta Corporación cut embodied carbon by 90% and timelines by 35%, leading to three more large commissions by July 2022, while growing to 102 employees and handling multiple major developments.[1][5]
011h was founded in 2020 by Lucas Carné and José Manuel Villanueva, serial entrepreneurs who sold e-commerce firm Privalia in 2019 and spotted construction as the last major sector untouched by digital transformation.[1][2] Frustrated by its stagnant productivity and environmental impact, they assembled a team including other partners, with leadership like Co-Founder & CFO (ex-MANGO Group CFO) and CTO Ricard Giné (ex-Vueling Airlines).[1] Early traction came with a 650-square-meter pilot in 2021, scaling to larger projects and proving their model of prefab construction, supplier networks, and full-process digitization.[4]
011h rides the green construction wave amid climate urgency, urban housing shortages, and EU regulations pushing net-zero buildings, where traditional methods lag due to fragmentation and emissions.[2][6] Timing aligns with proptech booms—post-2020 funding surge (€35M raised) and investor focus on climate-tech, like Seaya's €300M fund and A/O Proptech's €250M Fund II.[1][6] Market forces favor it: rising demand for affordable, efficient multifamily housing in dense areas like Spain, France; digitization unlocks prefab scalability where labor shortages bite. It influences the ecosystem by proving tech can cut costs/risks for developers, onboarding suppliers digitally, and setting standards for low-carbon builds—pioneering a platform model that could standardize sustainable construction Europe-wide.[3][4]
011h is poised for explosive growth, expanding from Spain's residential market into France and beyond, scaling its platform to become the go-to hub for prefab sustainable projects while handling larger portfolios with majors like AEDAS.[3][4] Trends like AI-driven construction, stricter carbon regs, and proptech consolidation will accelerate its trajectory, potentially unicorn status via international replication. Its influence could reshape construction from craft to industry, bridging digital and physical worlds for a low-carbon built environment—proving a "tech-savvy builder" can manufacture the future of housing.[4][5]
011h has raised $60.0M across 3 funding rounds. Most recently, it raised $23.0M Venture Round in October 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2025 | $23.0M Venture Round | Breega, Foundamental, Redalpine Venture Partners, Seaya Ventures | |
| Jul 1, 2022 | $25.0M Series A | AngelList Syndicator, Breega, Elaia Partners, Entrepreneur First, Exponent Founders Capital, FirstMark Capital, Foundamental, Kima Ventures, La Famiglia, Redalpine Venture Partners, Robot Ventures, Seaya Ventures, Vibe Capital, Andreas Bodczek, Christian Vollmann, Hanno Renner, Mario Götze, Tony Sheng | |
| Dec 1, 2020 | $12.0M Seed | Foundamental, La Famiglia, Christian Vollmann, Hanno Renner, Mario Götze |
