Deepki, a French business, raised US $166 million in a Series C fundraising round (€150 million) on March 31, 2022. For the real estate industry, the company is developing a software-as-a-service platform. It’s a monitoring and analytics tool that aids in better decision-making.

Highland Europe and One Peak Partners lead the Series C funding round. The investment also includes Bpifrance’s Large Venture fund and Revaia. Existing investors, such as Hi Inov and Statkraft Ventures, are also putting more money on the table.

What the founder has to say:

Co-founder and CEO Vincent Bryant:

“If the global real estate sector is to halve its emissions by 2030 and achieve the net-zero aim by 2050, it must act now.” Deepki will be able to take advantage of a significant market opportunity. Deepki can now make a more enormous impact and help even more asset owners tackle the climate change challenge, thanks to today’s funding announcement. We’re excited to have our new partners Highland Europe and One Peak and Revaia and Bpifrance Large Venture join us on this path.”

How does it work?

Deepki allows businesses to measure and evaluate ESG (Environmental, Social, and Governance) metrics, beginning with carbon emissions generated by their real estate assets.

What you can’t quantify, you can’t reduce. Deepki first gives you a thorough picture of your carbon emission performance, essential for real estate investors who wish to reduce their environmental effects with new and existing projects.

Deepki allows you to gather and combine energy, water, and waste information. Using APIs, online scraping, and connections to SFTP servers, the organization strives to automate this process as much as feasible.

It’s an excellent place to start if you want to evaluate how you compare legal requirements in different parts of the world. You can also extract data for certification purposes.

However, a tool like Deepki can be very beneficial for observing trends over time. You can examine how your electricity or water use changes over time with Deepki’s data management and monitoring software.

Deepki allows large corporate clients with various commercial assets to add multiple locations to the platform and compare them. You can then prioritize one building above another when implementing energy-saving initiatives. It will help you achieve a lower overall carbon footprint.

About Deepki:

Deepki creates a highly customized SaaS platform for clients with unique requirements. As a result, Deepki offers a consulting service to assist customers in implementing ESG strategies and action plans.

The company presently employs 150 people in five European capitals. Deepki monitors over 500 million square meters of buildings in 38 countries. AEW, Tikehau, Generali RE, DeA Capital, Allianz Real Estate, Warburg HIH, Azora Capital, and Neinver are among the firm’s clients.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.

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