Inspired by the automotive and aerospace industries, LEKO LABS founder François Cordier had the unique idea of making buildings with light, sustainable structures using as little materials as possible. The company has developed a novel wall and floor system based entirely on wood and wood fibre that can replace up to 75% of steel and concrete that are used in traditional buildings. The system also offers walls that have superior insulation properties while being thinner than the industry standard, enabling up to 10% more floor space for a given building.

Substantial capital raise for sustainable building

Remo Gerber, LEKO LABS, speaks about the company's capital raiseThe Luxembourg start-up’s $21-million Series A funding is one of the most substantial capital raises in the sustainable building sector in Europe. Sustainability-focused fund 2150 is the lead investor, accompanied by the Microsoft Climate Innovation Fund, Tencent, AMAVI, Rise PropTech Fund, Extantia and Freigeist. The new funds will enable LEKO LABS to scale its advanced software and robotics construction solution throughout Europe, while supplying finished walls from its factory in Luxembourg.

By scaling up our solution with automotive robotics we will achieve global impact in the coming years.

“We are making a difference today: each of our walls saves several tons of CO2 here and now,” says Dr Gerber. “By scaling up our solution with automotive robotics we will achieve global impact in the coming years.”

Photo credit: LEKO LABS

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