Fuchs & Eule Bags 10M for Building Retrofits

Berlin-based proptech startup Fuchs & Eule has closed a 10 million euro funding round, betting that Europe's building stock is heading for a serious sorting between green and brown assets. The round was led by GET Fund, with new investors PI Impact and WaVe-X joining existing backers SET Ventures, Picus Capital and Realyze Ventures, according to a report by TFN.

The company built its name helping homeowners plan renovations, but it is now switching focus to commercial landlords, family offices and asset managers. That shift makes sense given what is coming: under the EU's revised Energy Performance of Buildings Directive, 16 percent of the worst performing non-residential buildings need to be renovated by 2030, rising to 26 percent by 2033. For office, retail and healthcare property owners, that is a compliance deadline with a clock running, not a nice to have sustainability goal.

Founded in 2021, Fuchs & Eule now employs 70 people. Its platform uses AI to screen building portfolios, spot which properties need work most urgently, and build digital twins that translate energy data into concrete, cost effective retrofit measures, plus help navigating the grant funding maze.

The numbers so far are solid: 10,000 building analyses completed, covering more than five million square metres, with average annual savings of 21.6 tonnes of CO2 per building, more than triple what the company reported in 2024.

Competitors like BuildingMinds and Briink are chasing similar ground, but Fuchs and Eule says its edge is turning raw building data into renovation plans people can actually act on. Whether that is enough to win in a market worth over 200 billion dollars remains to be seen, especially with construction labor and capital shortages limiting how fast anyone can move.

---

Thinking about launching a business, setting up premises, or creating partnerships in Berlin?
We invite you to contact us.
Our team is ready to help you with our free consultation services.