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Tallinn-based Bisly secures €3.6 million funding to support real estate developers in achieving EU net-zero standards

Tallinn-based proptech startup, Bisly, has recently secured €3.6 million in funding to support real estate developers in achieving the European Union’s (EU) net-zero standards. The investment round was led by NordicNinja VC, with participation from Superangel and Change Ventures.

Bisly aims to revolutionize the real estate industry by providing innovative solutions that help developers meet the EU’s ambitious sustainability goals. The EU has set a target to achieve net-zero greenhouse gas emissions by 2050, and buildings account for a significant portion of these emissions. Bisly’s platform offers a range of tools and services to assist developers in constructing energy-efficient and environmentally friendly buildings.

The funding will enable Bisly to further develop its platform and expand its operations across Europe. The company plans to enhance its software capabilities, including advanced data analytics and machine learning algorithms, to provide developers with valuable insights into energy consumption patterns and potential areas for improvement. By leveraging these technologies, Bisly aims to optimize energy usage and reduce carbon footprints in real estate projects.

One of the key features of Bisly’s platform is its ability to monitor and analyze energy consumption in real-time. By collecting data from various sensors installed in buildings, the platform provides developers with a comprehensive overview of energy usage patterns. This information allows them to identify inefficiencies and implement targeted measures to reduce energy waste.

Additionally, Bisly offers a marketplace where developers can find sustainable building materials and technologies. The platform curates a selection of eco-friendly products, ranging from energy-efficient lighting systems to renewable energy solutions. By connecting developers with suppliers of sustainable products, Bisly aims to facilitate the adoption of green technologies in the construction industry.

The funding round comes at a crucial time when the real estate sector is increasingly recognizing the importance of sustainability. With stricter regulations and growing consumer demand for environmentally friendly buildings, developers are under pressure to incorporate sustainable practices into their projects. Bisly’s platform provides a comprehensive solution that not only helps developers meet these requirements but also offers long-term cost savings through reduced energy consumption.

The investment from NordicNinja VC, Superangel, and Change Ventures demonstrates the confidence in Bisly’s potential to disrupt the real estate industry. The funding will not only support the company’s growth but also enable it to attract top talent and forge strategic partnerships with key players in the sector.

Bisly’s mission aligns with the EU’s commitment to combat climate change and achieve carbon neutrality. By empowering real estate developers with the necessary tools and resources, Bisly is playing a crucial role in driving the transition towards sustainable buildings. With its innovative platform and the recent funding injection, Bisly is well-positioned to make a significant impact in the real estate industry and contribute to a greener future for Europe.

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