Munich, Germany – Predium, a PropTech startup specializing in ESG (Environmental, Social, and Governance) management for the real estate and finance sectors, has successfully concluded a €4.5 million seed funding round. Led by UVC Partners, with increased participation from existing investors including b2venture, and contributions from Mutschler Ventures and notable business angels such as Joachim Drees, Alexander Schwörer, Heike Gündling, and Maximilian Viessmann, the funding will propel Predium’s expansion efforts.

Driving ESG Solutions in Real Estate

Founded in 2021 by Jens Thumm, Mohamed Ali Razouane, and Maximilian Körner, Predium offers a platform facilitating the determination of ESG balances for buildings. It streamlines the creation of renovation roadmaps to reduce CO2 emissions, complete with investment calculations and automated reporting. With a notable customer portfolio including Deutsche Investment Gruppe, B&L Gruppe, Tattersall Lorenz, Valon, and Pamera Real Estate Partners, Predium has quickly gained traction in the market.

Addressing Regulatory Challenges

As the EU’s Disclosure Regulation heightens regulatory requirements, the German real estate market faces increased pressure. Portfolio holders are now mandated to disclose ESG practices and risks, particularly in the environmental domain, necessitating measures to reduce carbon footprints. Ernst & Young estimates that approximately 90% of decision-makers in the real estate industry are impacted by these regulations. Faced with a choice between selling properties at a reduced price or undertaking remediation measures to preserve property value, recent rulings by the German Federal Supreme Court add further urgency.

Future Growth and Development

The €4.5 million funding injection positions Predium to emerge as the leading European ESG management platform, focusing on decarbonizing real estate and navigating evolving market demands. The funds will be instrumental in advancing product development and expanding market reach.

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