The proptech company Lumoview Building Analytics GmbH based in Cologne and Berlin has successfully completed a new financing round and secured a VC investment of 3 million euros. Together with the EIC Accelerator grant from 2024, this brings the total available funding to over 5.5 million euros — enabling us to further accelerate the urgently needed transformation toward energy-efficient and sustainable existing buildings.
- € 3M fresh capital from leading players in the field of sustainable and digital transformation — including Greencode Ventures, IBB Ventures, and WakeUp Capital — as well as support from business angels and family offices.
- € 2.5M grant funding awarded last year by the prestigious European Commission’s EIC Accelerator program.
With the fresh capital, Lumoview will further advance the automation of its technology and accelerate growth in Germany and across Europe. The goal is to provide property owners, energy consultants, and renovation experts with an efficient digital data foundation for retrofitting existing buildings — a key lever for reducing CO₂ emissions in the building stock.
About the investors:
Greencode Ventures is a pan-European VC firm specialising in green transition with rapidly scaling digital solutions that create impact within this decade. Greencode focuses on Seed to Series A investments, supporting solutions that reduce emissions, save resources, and increase efficiency by using advanced technologies such as AI. These investments drive green transition across energy, mobility, industries, and the built environment. The team of this expert fund brings a proven track record of investing in and operating companies with deep expertise in energy, built environment, transport, sustainability, and digital ecosystems.
“Greencode Ventures is thrilled to lead Lumoview's seed round, backing a transformative blend of hardware and software that addresses the urgent need for decarbonization and digitalization in the building sector. Lumoview's founding team brings an exceptional combination of deep technical expertise and profound sector insight, which uniquely positions them to reshape the industry.” – Ines Bergmann-Nolting, Managing Partner, Greencode Ventures
IBB Ventures has been providing venture capital to innovative companies based in Berlin since 1997 and has established itself as the market leader in early-stage financing in the region. Its funding is primarily used to support the development and market launch of innovative products and services, as well as business concepts in the creative industries. In addition to two VC funds dedicated to technology and creative startups with a combined volume of €100 million, IBB Ventures has been managing a €30 million Impact VC Fund since 2022, which is currently in its investment phase. All three VC funds are financed by the Investitionsbank Berlin (IBB) and the European Regional Development Fund (ERDF), administered by the State of Berlin. To date, IBB Ventures has invested in more than 295 Berlin-based startups. Through partnerships and syndicates, these companies have raised over €2.0 billion, with IBB Ventures contributing over €300 million as lead, co-lead, or co-investor. IBB Ventures operates under the umbrella of IBB Beteiligungsgesellschaft and is part of the IBB Group.
“Lumoview’s intelligent end-to-end solution — from data capture and processing to delivery — impressed us just as much as their innovative team. We believe Lumoview will play a key role in driving the digital transformation of the construction industry, and we’re excited to be part of their journey.” – Sabine Wolff, Senior Investment Manager, IBB Ventures.
WakeUp Capital is a climate impact investor based in Ireland, investing in tech-driven solutions for climate change resilience, adaptation and social equity. The fund invests across Europe at seed and early-growth stages with particular emphasis on scalable and measurable commercial, social and environmental impact. WakeUp Capital actively supports its portfolio companies with strategic advice, operational expertise, and a broad network of impact-oriented partners.
“At WakeUp Capital, we back founders building scalable solutions for climate resilience and equity. Lumoview’s platform unlocks a critical bottleneck in Europe’s energy transition — enabling faster, data-driven renovations that reduce emissions, lower energy costs, and support more inclusive access to sustainable housing.” – Mark Peters, Co-Founder and Managing Partner, WakeUp Capital
About Lumoview
Lumoview is a technology start-up based in Cologne and Berlin with a team of 34 people, that captures and processes building data quickly and digitally. The company was founded by Prof. Dr.-Ing. Bernhard Hoffschmidt, Dr.-Ing. Arne Tiddens and Dr.-Ing. Silvan Siegrist. As a spin-off of the German Aerospace Center (DLR), Lumoview leverages advanced imaging and sensor technologies from energy research to measure buildings in record time with exceptional ease. Using a unique combination of mobile hardware and intelligent software, building data is captured in just 2 seconds per room. This data is then automatically transformed into floor plans, 3D models, and thermal analyses, and made available via a central cloud platform.