Fuchs & Eule lands €10M Series B to steer landlords through Europe's ESG retrofit rules
What's the deal? Berlin-based Fuchs & EuleDealroom has a profile for this one. Try Dealroom → has raised €10 million in a Series B round led by GET Fund. The startup uses AI to guide property owners through energy-efficiency retrofits, and is now shifting focus from homeowners to commercial landlords, family offices, and asset managers.
Who's backing it? New investors PI ImpactDealroom has a profile for this one. Try Dealroom → and WaVe-XDealroom has a profile for this one. Try Dealroom → joined the round, alongside existing backers SET VenturesDealroom has a profile for this one. Try Dealroom →, Picus Capital, and Realyze Ventures. GET Fund plans to back up to 20 cleantech startups from its current fund.
Why now? Under the EU's revised Energy Performance of Buildings Directive, member states must renovate the worst-performing 16% of non-residential buildings by 2030, rising to 26% by 2033. For office, retail, and healthcare landlords, that is a binding compliance deadline.
What's the endgame? The platform screens portfolios to flag buildings with the greatest refurbishment potential, then builds digital twins and translates them into specific, economically viable renovation measures. It also supports owners through grant applications.
Founded in 2021, Fuchs & Eule employs 70 people and has completed 10,000 building analyses covering more than five million square metres. It now reports annual CO2 savings of 21.6 tonnes per building — more than three times the 6.7 tonnes recorded in 2024.
What could go wrong? Competitors are circling the same opportunity. Schindler-backed BuildingMindsDealroom has a profile for this one. Try Dealroom → offers a comparable AI retrofit recommender for institutional portfolios, while BriinkDealroom has a profile for this one. Try Dealroom → applies AI to ESG disclosure.
Fuchs & Eule positions its product around execution rather than reporting. "Fuchs & Eule stands out by translating building physics into bespoke retrofit measures that make sense both energetically and economically," says Isabelle Canu, partner at GET Fund.
"Real estate owners know they need to decarbonise their portfolios, but they do not want another tool that adds complexity," says Robin Behlau, co-chief executive officer. The new capital will expand the company's AI screening tools and data-driven analyses.
The signal: Europe's property market is splitting on ESG ratings — high-rated buildings gain value while poorly rated ones lose it. With regulation now setting hard deadlines, capital is flowing to startups that can turn compliance pressure into executable retrofit plans.
Read more: Tech Funding News
Image credit: Fuchs & Eule