2023 Venture Investors 50
Gianna Shaw - Posted onOctober 2, 2023October 2, 2023
Introduction
The BuiltWorlds 2023 Venture Investors 50 is a list of the most active venture capital firms and strategic corporate funds investing in the built world today. Since 2017, BuiltWorlds has tracked venture deals in the construction and broader real estate ecosystem with a global purview.
This year’s list includes inventors that you may recognize from previous investor lists, but you'll see plenty of newcomers that have emerged in the built-worlds VC space more recently. The intent of this top investors list is to show the breadth of investors in this slow-to-adopt industry and the continued acceleration of innovative financing to develop real-estate tech ventures for years to come.
BuiltWorlds' first Venture Investors list was released in 2018 and cataloged only 27 institutional investors. Last year's list, 2022 Venture Investors 50, was inclusive of investments over the prior 24 months (from December 1st, 2020 to November 30th, 2022,) tracking a total of 524 deals from 1334 unique investment groups.
BuiltWorlds 2023 Venture Investors 50 list tracked 557 deals over just 12 months (from October 1st, 2022 to September 30th, 2023), attracting nearly 2,000 unique investors.
Representation on this list puts your investment group in the 97th percentile of the private institutional investment community in the built world.
HOW WAS THIS LIST CREATED?
This year’s list was derived by quantifying how active institutional and corporate venture investors have been over the last 12 months. The investment groups that constitute this list are in order beginning with the most active and have participated in the largest number of deals over the last years in ventures that fall within the BuiltWorlds Venture research scope. This list does not factor in criteria such as deal size, deal round, or being a lead investor. In instances where two groups have completed the same quantity of deals, the tiebreaker was awarded to the firm with more recent deal activity.
WANT TO LEARN MORE ABOUT BUILTWORLDS INVESTMENT DATA?
BuiltWorlds venture research tracks deals via primary data collection and publicly sourced deal flow made in the built world ecosystem. Deals include a wide variety of innovative solutions that augment design, estimating, procurement, and construction of vertical & horizontal assets, as well as post-build technologies involved in operations, monitoring, and maintenance of built-world assets.
To see a full breakdown of all the deals tracked within the BuiltWorlds VC ecosystem, a further delineation of where this capital is being put to work, and insights into investment themes and trends, visit the BuiltWorlds Venture Dashboard.
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We would like to extend our deepest gratitude towards our Venture Forum members. The Startup Profile Database is sponsored by the BuiltWorlds Venture Forum, a group of forward-thinking member companies looking to drive innovation by both investing & piloting emerging technologies in the space and supporting the broader buildings and infrastructure technology ecosystem.
Below are the logos of our current BuiltWorlds Venture Forum members.
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1) Fifth Wall
Company Overview_Expand_
Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry. With approximately $3.2 billion in commitments and capital under management, Fifth Wall connects many of the world's largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World.
Fifth Wall is backed by a global mix of more than 100 strategic limited partners (LPs) from more than 15 countries, including BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield,and others. Fifth Wall believes this consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in transformational investments and collaborations with promising portfolio companies.
Investment Activity_Expand_
Largest Deal: Bilt Rewards - $150M | Growth Capital | 10/25/2022
Average Participating Deal Size: $29.86M
2) SE Ventures (Schneider Electric)
Company Overview_Expand_
SE Ventures is a global venture capital fund backed by Schneider Electric. SE Ventures invests in big ideas and bold entrepreneurs who can benefit from Schneider’s deep domain expertise and global customer reach. SE Ventures has been acting as a strategic commercial accelerant for category-defining companies in energy, mobility, prop-tech, cybersecurity and industrial automation.
Investment Activity_Expand_
Largest Deal: Banyan Infrastructure - $25M | Series B | 3/7/2023
Average Participating Deal Size: $11.63M
3) Energy Impact Partners
Company Overview_Expand_
Energy Impact Partners LP (EIP) is a global investment firm leading the transition to a sustainable future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $3 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure – and has a team of over 80 professionals based in its offices in New York, San Francisco, Washington D.C., Atlanta, Palm Beach, London, Cologne, and Oslo.
Investment Activity_Expand_
Largest Deal: Measurabl - $93M | Series D | 6/1/2023
Average Participating Deal Size: $42.26M
4) Foundamental
Company Overview_Expand_
Foundamental is a global venture capital firm investing in construction, mining and renovation technology. They believe in making these industries autonomous and clean with technology and science. Foundamental is backed by some of the world’s largest construction and materials companies, giving us privileged access to deep sector knowledge across markets.
Investment Activity_Expand_
Largest Deal: Ofload - $60M | Series B | 11/15/2022
Average Participating Deal Size: $13.69M
5) Building Ventures
Company Overview_Expand_
Building Ventures invests in and mentors early-stage startups in the built environment. The firm’s mission is to champion the disruptive ideas in construction and real estate tech that transform the way we design, build, operate, and experience our physical world. Headquartered in Boston with an office in San Francisco, the BV team consists of investors, entrepreneurs, and built environment veterans working together for a better built world.
Investment Activity_Expand_
Largest Deal: Measurabl - $93M | Series D | 5/31/2023
Average Participating Deal Size: $26.76M
6) Lowercarbon Capital
Company Overview_Expand_
Lowercarbon Capital funds research and invests in technologies to reduce CO2 in the atmosphere. The world has ignored the scientists, inventors, and entrepreneurs who are pursuing solutions to lower emissions, remove carbon, actively cool the planet, and save human, animal, and plant life.
Investment Activity_Expand_
Largest Deal: Sublime Systems - $40 | Series A | 1/17/2023
Average Participating Round Size: $18.09M
7) Breakthrough Energy Ventures
Company Overview_Expand_
Breakthrough Energy is dedicated to helping humanity avoid a climate disaster. Through investment vehicles, philanthropic programs, policy advocacy, and other activities, they are committed to scaling the technologies we need to reach net-zero emissions by 2050.
Investment Activity_Expand_
Largest Deal: Boston Metals - $262M | Series C | 9/6/2023
Average Participating Round Size: $69.60M
8) Aramco Ventures
Company Overview_Expand_
Aramco Ventures is the corporate venturing arm of Aramco, the world’s leading integrated energy company. Headquartered in Dhahran with offices in North America, Europe, and Asia. Aramco Ventures’ mission is to invest globally in start-ups and technologies that have strategic relevance globally and to Aramco's business, with the ability to scale and disrupt.
Investment Activity_Expand_
Largest Deal: Boston Metals - $262M | Series C | 9/6/2023
Average Participating Round Size: $65M
9) MetaProp
Company Overview_Expand_
MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market.
The firm’s investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events NYC Real Estate Tech Week and MIPIM NY, and publications Global PropTech Confidence Index and PropTech 101.
Investment Activity_Expand_
Largest Deal: Doorstead - $37M | Series B | 1/9/2023
Average Participating Deal Size: $9.34M
10) Zacua Ventures
Company Overview_Expand_
Zacua Ventures is a global early-stage venture fund tackling world's biggest challenges across Sustainability, Productivity and Urbanization and backed by the most innovative corporates in the built world.
Zacua is led by partners with more than 30 years of combined industry experience and who have been investing in construction tech for the past decade. With regional presence in San Francisco, Madrid and Singapore, Zacua helps entrepreneurs to build and strengthen their value proposition and scale their businesses globally, leveraging deep corporate networks.
Investment Activity_Expand_
Largest Deal: Field Materials - $4.65M | Seed | 4/6/2023
Average Participating Deal Size: $3.14M
Are you a startup looking for critical industry exposure with key investors?
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11) National Grid Partners (National Grid)
Company Overview_Expand_
National Grid Partners (NGP) is the venture investment and innovation arm of National Grid plc. NGP makes and manages strategically and financially attractive investments and leads company-wide innovation efforts. The organization focuses on corporate venture capital, incubation, business development and innovation, providing a multi-functional approach to change the status quo. NGP is based in Silicon Valley with offices and team members in Los Gatos, San Francisco, Boston, London, and New York.
Investment Activity_Expand_
Largest Deal: ev.energy - $33M | Series B | 6/27/2023
Average Participating Deal Size: $24.89M
12) FJ Labs
Company Overview_Expand_
FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer-facing startups. Their investments are seed and series A. The investment range of the company is $50,000 to $5,000,000. It invests in Alibaba Group, Beepi, BrightRoll, Betterment, Adore Me, and Earnest.
Investment Activity_Expand_
Largest Deal: Shuttflix- $48.7M | Series B | 8/25/2023
Average Participating Deal Size: $22.3M
13) RET Ventures
Company Overview_Expand_
Real Estate Technology Ventures (RET Ventures) is the first industry-backed early stage venture fund focused on helping build cutting-edge real estate technology companies for the multifamily industry. The Firm connects the smartest rent tech solutions with the largest network of multifamily and single-family rental units in North America.
RET Ventures works with high quality entrepreneurs to rapidly scale their businesses by leveraging the knowledge and expertise of its team and limited partners, who own close to one million units. In turn, these owners receive early access and insight into the most effective technology solutions.
Investment Activity_Expand_
Largest Deal: Measurabl - $93M | Series E | 5/31/2023
Average Participating Deal Size: $18.27M
14) Brick & Mortar Ventures
Company Overview_Expand_
Focused exclusively on venture capital opportunities in “technology for the built world,” Brick & Mortar Ventures identifies, backs, and enables emerging companies developing innovative software and hardware solutions for the industries of architecture, engineering, construction, and facilities management. Its hyper-focused mandate allows Brick & Mortar to continuously develop industry expertise and relationships across these large and growing verticals and build value to its portfolio by taking a hands-on, active role as an investor and partner to its companies.
Investment Activity_Expand_
Largest Deal: Curri - $42M | Series B | 6/6/2023
Average Participating Deal Size: $14.91M
15) Blackhorn Ventures
Company Overview_Expand_
Blackhorn Ventures is an early-stage venture capital firm that invests in companies using breakthroughs in engineering and science, coupled with the infrastructure of the Information Revolution, to redefine resource productivity.
Investment Activity_Expand_
Largest Deal: Fero Labs - $15M | Series B | 6/21/2023
Average Participating Deal Size: $7.61M
16) Climate Investment (CI)
Company Overview_Expand_
Climate Investment is an independently managed specialist investor focused on accelerating capital-efficient decarbonization of heavy emitting sectors. Operational since 2017, its team of investment and technical experts has built a portfolio of over 35 outstanding technology and business model innovations. Collectively, its portfolio delivered 57 MT CO2e of cumulative greenhouse gas reduction in the period 2019-2022. Climate Investment was founded by member companies of the Oil & Gas Climate Initiative (“OGCI”). They have invested in Climate Investment funds and deployed many of its portfolio innovations, supporting their early commercial development. Visit www.climateinvestment.com
Investment Activity_Expand_
Largest Deal: Svante - $318M | Series E | 12/15/2022
Average Participating Deal Size: $77.5M
17) JLL Spark
Company Overview_Expand_
JLL Spark is dedicated to transforming the real estate industry through technology-based innovation. JLL Spark provides the nimbleness of a startup backed by JLL’s expertise and resources. Led by experienced Silicon Valley entrepreneurs with successful track records building and investing in tech companies, JLL Spark’s strategic proptech investments offer JLL the ability to provide innovative products to real estate owners and operators. JLL Spark was founded in 2017 and is headquartered in San Francisco, California.
Investment Activity_Expand_
Largest Deals: Infogrid - $90M | Series B | 4/13/2023
Average Participating Deal Size: $27.92M
18) Climate Capital
Company Overview_Expand_
Climate Capital is an early-stage climate tech VC with over 250+ portfolios across various sectors working on decarbonizing the global economy.
Investment Activity_Expand_
Largest Deal:
Average Participating Deal Size:
19) Techstars
Company Overview_Expand_
Techstars is a global platform that provides investment and innovation. Through the Techstars Worldwide Entrepreneur Network, founders and their teams connect with other entrepreneurs, experts, investors, community leaders, and corporate partners who will help their companies grow.
Techstars Venture Capital Fund invests in innovative and disruptive companies. Techstars Corporate Innovation Partnerships help brands create products and services. Techstars' accelerator portfolio includes more than 1,000 companies with a market cap of $8.1 billion.
Investment Activity_Expand_
Largest Deal: Continuum Industries - $10M | Series A | 9/25/2023
Average Participating Deal Size: $3.5M
20) Goldman Sachs
Company Overview_Expand_
Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, they maintain offices in all major financial centers around the world.
Investment Activity_Expand_
Largest Deal: Redwood Materials - $1B | Series D | 8/29/2023
Average Participating Deal Size: $257.26M
Want to explore current AEC venture investments and trends?
21) Battery Ventures
Company Overview_Expand_
Battery invests in potentially cutting-edge, category-defining businesses in markets including application software, IT infrastructure technologies, consumer-internet and mobile services, and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to growth and private equity, and invests globally from offices in Boston, Silicon Valley, New York, London and Israel.
Investment Activity_Expand_
Largest Deal: Mews - $185M | Series C | 12/15/2022
Average Participating Deal Size: $70.70M
22) Congruent Ventures
Company Overview_Expand_
Congruent Ventures is a venture capital firm that seeks to invest in Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production and Consumption sectors. They look for technology companies that will positively impact the world's energy and resource consumption.
Investment Activity_Expand_
Largest Deal: AMP Robotics - $99M | Series C | 5/9/2023
Average Participating Deal Size: $54.55M
23) Qualcomm Ventures
Company Overview_Expand_
Qualcomm Ventures is the venture capital arm of Qualcomm Incorporated and is based in San Diego, California with several satellite offices located throughout world. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with over 150 active portfolio companies and more than 20 exits over a billion dollars.
As a global investor, Qualcomm Ventures helps connect entrepreneurs to the resources, relationships and deep industry expertise they need to succeed in the mobile technology ecosystem. The group is focused on early to late stage investments in mobile/wireless sector with strong interests in 5G, IoT, Connected Automotive, AI, Consumer and Enterprise & Cloud.
Investment Activity_Expand_
Largest Deal: Span - $96.5M | Series B + | 4/23/2023
Average Participating Deal Size: $53.5M
24) 2150
Company Overview_Expand_
2150 backs mission driven tech entrepreneurs who are solving some of the largest problems facing the planet today. They focus on the full stack of the urban environment where most of the world’s CO2 emissions and resource waste is arising and which will double in the next decades.
Investment Activity_Expand_
Largest Deal: CarbonCure Technologies - $80M | Growth Capital | 7/11/2023
Average Participating Deal Size: $51.20M
25) NGP Capital (Nokia)
Company Overview_Expand_
NGP Capital is a growth-stage investment firm that provides deep industry expertise and an extensive network to help entrepreneurs accelerate company growth. With more than $1Billion under management, the firm specializes in growth-stage investing seeking entrepreneurs building intelligent devices and services connecting everybody. NGP offers market insight, support, a deep network, and a global reach spanning the United States, Europe, India, and China.
NGP is uniquely structured as an independent fund manager sponsored by Nokia, allowing for independent investment decisions and offering strategic opportunities both for Nokia and the companies in which they invest.
Investment Activity_Expand_
Largest Deal: Dandelion Energy - $70M | Series B | 11/15/2022
Average Participating Deal Size: $48.6M
26) Khosla Ventures
Company Overview_Expand_
Khosla Ventures invests in companies that are bold, early and impactful. The firm was started in 2004 by Vinod Khosla, co-founder of Sun Microsystems, to provide venture assistance to entrepreneurs. Headquartered in Menlo Park, Calif., Khosla Ventures invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech, digital health, medtech and diagnostics, therapeutics and frontier technology.
Investment Activity_Expand_
Largest Deal: Mighty Buildings - $52M | Growth Capital | 9/13/2023
Average Participating Deal Size: $23.7M
27) Gaingels
Company Overview_Expand_
Gaingels is the leading venture investment syndicate in service of the LGBT community and its allies. Through our 700+ individual members and family offices we have invested over $50,000,000 into 120+ companies since 2016, with 80% of that since January 2019. Gaingels invests in companies with LGBT founders and C-suite leaders at all stages of growth, as well as in more established companies resolved on building more inclusive teams.
The Gaingels network actively supports its portfolio in identifying and recruiting diverse talent to their C-suite and board leadership teams, and fosters a vibrant global community of industry leaders, investors, operators, and entrepreneurs who share a common goal for positive social change through business and successful investments. Gaingels regularly co-invests with select VC leads across a variety of sectors, from technology, to B2B, healthcare and consumer, in competitive and over-subscribed rounds from Seed to Growth/pre-IPO.
Investment Activity_Expand_
Largest Deal: OneRail - $33M | Series B | 11/15/2023
Average Participating Deal Size: $19.75M
28) Autodesk
Company Overview_Expand_
Autodesk is changing how the world is designed and made. Their technology spans architecture, engineering, construction, product design, manufacturing, media, and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps our customers to design and make a better world for all.
Investment Activity_Expand_
Largest Deal: Avalanche Energy - $40M | Series A | 4/24/2023
Average Participating Deal Size: $12.75M
29) Second Century Ventures (REALTORS)
Company Overview_Expand_
Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS®, is the most active global real estate technology fund. SCV helps scale its portfolio companies across the world’s largest industries including real estate, financial services, banking, home services, and insurance, and operates the award-winning global REACH technology scale-up program.
Investment Activity_Expand_
Largest Deal: Landis - $40M | Series B | 10/19/2022
Average Participating Deal Size: $12.45M
30) Y Combinator
Company Overview_Expand_
Y Combinator (YC) is a startup fund and program. Since 2005, YC has invested in nearly 3,000 companies including Airbnb, DoorDash, Stripe, Instacart, Dropbox, and Coinbase. The combined valuation of YC companies is over $300B. YC has programs and resources that support founders throughout the life of their company.
Investment Activity_Expand_
Largest Deal: Reach - $30M | Series B | 12/5/2022
Average Participating Deal Size: $10.3M
Interested in remaning up-to-date with built world venture news?
Read the Q2 2023 Venture Report
31) CEMEX Ventures
Company Overview_Expand_
CEMEX Ventures is the Corporate Venture Capital (CVC) and open innovation unit of Cemex, a leading sustainable construction materials and solutions company with a global trading network of almost 100 countries.
With a clear vision for the next frontier of sustainable living, they invest and partner with the most promising startups to fulfill our mission of driving the construction industry revolution.
Investment Activity_Expand_
Largest Deal: Carbon Upcycling - $26M | Series A | 7/31/2023
Average Participating Deal Size: $9.44M
32) Clean Growth Fund
Company Overview_Expand_
Clean Growth Fund invests in tech innovations that reduce greenhouse gas emissions or improve resource efficiency across power, transport, industry, buildings, waste and water.
They look for UK early stage companies with commercially viable solutions that are generating early revenues and also consider pre-revenue businesses with a minimum viable product.
Investment Activity_Expand_
Largest Deal: Tepeo - $13M | Series A | 12/14/2022
Average Participating Deal Size: $7.62M
33) Nemetschek Group
Company Overview_Expand_
The Nemetschek Group is a leading global software provider for the Architecture, Engineering, Construction and Management administration of complex commercial properties. The Media and Entertainment segment operates through Maxon Computer and develops three-dimensional (3D) modeling, painting, animation and rendering applications.
With its innovative solutions, the Group is the only company in the world that maps the entire workflow in the lifecycle of a building or infrastructure project – from the architect’s first sketches to construction to managing and operating the building. Nemetschek software is guiding architects, engineers of all stripes, building contractors, developers, general administrators, and building managers into the future of digitalization.
Investment Activity_Expand_
Largest Deal: Kewazo - $10M | Series A | 1/23/2023
Average Participating Deal Size: $4.45M
34) TPG
Company Overview_Expand_
TPG (Nasdaq: TPG) is a leading global alternative asset management firm founded in San Francisco in 1992 with $137 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions and our unique strategy is driven by collaboration, innovation, and inclusion.
Investment Activity_Expand_
35) Samsung Ventues
Company Overview_Expand_
Samsung Venture Investment Corporation (SVIC) is headquartered in Seoul and has a strong presence in the world’s innovation hubs across the United States, Europe, Israel, India, China, and Japan. SVIC backs emerging technology startup founders, whom we believe will pioneer and shape the future.
Investment Activity_Expand_
Largest Deal: Svante - $318 | Series E | 12/15/2022
Average Participating Deal Size: $119.13M
36) Camber Creek
Company Overview_Expand_
Camber Creek is a venture capital firm providing strategic value and capital to operating technology companies focused on the real estate market. Camber Creek contributes in a direct and significant way to the success of its portfolio companies by leveraging the real estate expertise, operating experience and portfolio of assets of its partners, investors, and advisors.
Investment Activity_Expand_
Largest Deal: Bilt Rewards - $150M | Growth Capital | 10/25/2022
Average Participating Deal Size: $81.08M
37) Koch Disruptive Technologies
Company Overview_Expand_
Koch Disruptive Technologies (KDT) focuses on partnering with high-growth companies that disrupt current market alternatives with demonstrated technology. KDT looks for opportunities to create mutual benefit by working with principled entrepreneurs who can receive significant value from interacting with Koch companies and whose technology has the potential to transform Koch's core capabilities, create new capabilities, or expand Koch into new platforms.
Investment Activity_Expand_
Largest Deal: Percepto - $67M | Series C | 6/12/2023
Average Participating Deal Size: $34.14M
38) SOSV
Company Overview_Expand_
SOSV is a global venture capital firm that operates early stage startup development programs. SOSV’s programs are focused on two broad areas. The first is revolutionary deep technology that promises the betterment of humanity and the planet. The second is cross-border markets, notably in Asia, that are ripe for explosive growth.
The firm’s strategy is to invest in a small number of highly promising startups and use its deeply resourced programs to accelerate product development, acquire customers, and scale. SOSV companies consistently raise funding rounds led by top tier investors. SOSV joins seed, series A, and later rounds while providing founders with ongoing support and community.
Investment Activity_Expand_
Largest Deal: R-Zero - $105M | Series C | 2/17/2023
Average Participating Deal Size: $32.51M
39) Chicago Ventures
Company Overview_Expand_
Investment Activity_Expand_
Largest Deal: project44 - $80M | Growth Capital | 11/3/2022
Average Participating Deal Size: $23.28M
40) BDC Capital
Company Overview_Expand_
BDC Capital’s Growth & Transition Capital offers full range of financing options such as mezzanine, cash flow and quasi-equity financing.
Investment Activity_Expand_
Largest Deal: Carbon Upcycling - $26M | Series A | 7/31/2023
Average Participating Deal Size: $20.69M
Looking to view key data within well-positioned startups?
Explore the Startup Profile Database
41) Navitas Capital
Company Overview_Expand_
Navitas Capital is a venture capital firm investing in transformative technology and innovation for the built world. Navitas, established in 2009, provides foundational venture capital, industry expertise and market access to its portfolio companies.
Investment Activity_Expand_
Largest Deal: EliseAI - $35M | Series C | 6/7/2023
Average Participating Deal Size: $20.58M
42) Blue Bear Capital
Company Overview_Expand_
Blue Bear Capital is a venture and growth equity investor focused on supporting innovative businesses in the energy supply chain. They invest into fast-growing private companies that apply data-driven technologies and innovative business models to the energy supply chain; and actively accelerate growth through our energy-specialist experience and network.
Investment Activity_Expand_
Largest Deal: GoExpedi - $33M | Series D | 11/23/2022
Average Participating Deal Size: $16.43M
43) KOMPAS VC
Company Overview_Expand_
Kompas is an early-stage investor in prop tech, construction tech, climate tech, industry 4.0 and enterprise software. Fund I ($160m) targets late Seed and Series A technology companies in Europe, Israel and the US.
Investment Activity_Expand_
Largest Deal: Prewave - $19.7M | Series A + | 5/10/2023
Average Participating Deal Size: $16.15M
44) Builders VC
Company Overview_Expand_
Builders VC believes it takes more than great technology to fix an antiquated industry. To truly make impactful change, Builders backs entrepreneurs who combine courage, technical acumen, and operational expertise.
Investment Activity_Expand_
Largest Deal: SafeAI - $38M | Series B | 12/14/2022
Average Participating Deal Size: $15.39M
45) Ironspring Ventures
Company Overview_Expand_
Ironspring Ventures is a sector focused, early stage firm investing in founders eager to create change and catalyze innovation across the industrial supply chain. We lead and co-lead Seed and Series A investments, specializing in construction, manufacturing, transport & logistics, and alternative energy.
Co-founded and managed by GPs with deep industrial and venture experience, Ironspring adds differentiated value through our network of premier industrial operating companies and subject matter experts.
Investment Activity_Expand_
Largest Deal: OneRail- $33M | Series B | 11/30/2022
Average Participating Deal Size: $11.25M
46) LocalGlobe
Company Overview_Expand_
Investment Activity_Expand_
Largest Deal: Virgil - $15.5M | Series A | 11/19/2022
Average Participating Deal Size: $9.62M
47) Shadow Ventures
Company Overview_Expand_
Shadow Ventures' focus is on investing in startups in tech markets where strategic capital is scarce. Their process and closed ecosystem of entrepreneurs, investors, designers, and developers are driven by both experience and technology to radically change how startups start and investors finish.
Investment Activity_Expand_
Largest Deal: Local Logic - $13M | Series B | 8/2/2023
Average Participating Deal Size: $7.23M
48) NOVA (Saint-Gobain)
Company Overview_Expand_
NOVA is the corporate venture arm of Saint-Gobain based in Courbevoie, France. The firm prefers to invest in B2B commercial products, energy, clean technology, 3D printing, advanced manufacturing, mobility, space, and real estate technologies sectors based in the United States, Canada, Europe, America, Africa & Asia region.
Investment Activity_Expand_
Largest Deal: Enteligent - $7M | Seed | 2/1/2023
Average Participating Deal Size: $4.63M
49) Accel
Company Overview_Expand_
Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth. Atlassian, Braintree, Cloudera, CrowdStrike, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, FreshWorks, Jet, Qualtrics, Slack, Spotify, Supercell, UiPath and Vox Media are among the companies the firm has backed over the past 35 years.
Investment Activity_Expand_
Largest Deal: Snaptrude - $6.60M | Seed | 1/4/2023
Average Participating Deal Size: $4.15M
50) Pi Labs
Company Overview_Expand_
Founded in 2015, Pi Labs is actively investing globally at the early stages of the startup journey – from pre-seed to series A. They provide VC backing the innovators who are transforming our relationship with the built world and its impact on people, business, and the environment.
Investment Activity_Expand_
Largest Deal: Airly - $5.5M | Series A | 11/10/2022
Average Participating Deal Size: $4.03M
Startup Profile Library
We constantly source startups within the built environment and create due dilligence reports that include information about each company including; past rounds of raises, current raise round, leadership, financials, and more. This venture-focused library grants access to our Enterprise members and Venture Forum members. If you are a member, click below to check them out.
\ \ Constructer.ai](/content/insights/constructer-ai/index.html)
\ \ inCitu](/content/insights/incitu/index.html)
\ \ TakeOffTrak](/content/insights/takeofftrak/index.html)
\ \ Hardline](/content/insights/hardline/index.html)
\ \ Frontier Audio Labs](/content/insights/frontier-audio-labs/index.html)
\ \ LynxCraft](/content/insights/lynxcraft/index.html)
\ \ Drawer AI](/content/insights/drawer-ai/index.html)
\ \ Plantaer](/content/insights/plantaer/index.html)
\ \ PRIVV](/content/insights/privv/index.html)
\ \ ARKI](/content/insights/arki/index.html)
\ \ Cyphra Autonomy](/content/insights/cyphra-autonomy/index.html)
\ \ Wrkdn](/content/insights/wrkdn/index.html)
\ \ Aedfico](/content/insights/aedfico/index.html)
\ \ WAS Co](/content/insights/was-co/index.html)
\ \ Bidblox](/content/insights/bidblox/index.html)
\ \ Logic Building Systems](/content/insights/logic-building-systems/index.html)
\ \ SafeBuild](/content/insights/safebuild/index.html)
\ \ MEPbrain](/content/insights/mepbrain/index.html)
\ \ Liquid Wall](/content/insights/liquid-wall/index.html)
\ \ AeroNova Advanced Materials](/content/insights/aeronova-advanced-materials/index.html)
\ \ Constructer.ai](/content/insights/constructer-ai/index.html)
\ \ inCitu](/content/insights/incitu/index.html)
\ \ TakeOffTrak](/content/insights/takeofftrak/index.html)
\ \ Hardline](/content/insights/hardline/index.html)
\ \ Frontier Audio Labs](/content/insights/frontier-audio-labs/index.html)
\ \ LynxCraft](/content/insights/lynxcraft/index.html)
\ \ Drawer AI](/content/insights/drawer-ai/index.html)
\ \ Plantaer](/content/insights/plantaer/index.html)
\ \ PRIVV](/content/insights/privv/index.html)
\ \ ARKI](/content/insights/arki/index.html)
\ \ Cyphra Autonomy](/content/insights/cyphra-autonomy/index.html)
\ \ Wrkdn](/content/insights/wrkdn/index.html)
\ \ Aedfico](/content/insights/aedfico/index.html)
\ \ WAS Co](/content/insights/was-co/index.html)
\ \ Bidblox](/content/insights/bidblox/index.html)
\ \ Logic Building Systems](/content/insights/logic-building-systems/index.html)
\ \ SafeBuild](/content/insights/safebuild/index.html)
\ \ MEPbrain](/content/insights/mepbrain/index.html)
\ \ Liquid Wall](/content/insights/liquid-wall/index.html)
\ \ AeroNova Advanced Materials](/content/insights/aeronova-advanced-materials/index.html)
\ \ Constructer.ai](/content/insights/constructer-ai/index.html)
\ \ inCitu](/content/insights/incitu/index.html)
\ \ TakeOffTrak](/content/insights/takeofftrak/index.html)
\ \ Hardline](/content/insights/hardline/index.html)
\ \ Frontier Audio Labs](/content/insights/frontier-audio-labs/index.html)
\ \ LynxCraft](/content/insights/lynxcraft/index.html)
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METHODOLOGY
The ranking of BuiltWorlds' 2023 Venture Investors 50 cohort is determined by the level of activity these investment groups have been involved in over the past 12 months.
Ranking factors in order of importance:
- Investments are made within BuiltWorlds' Venture Scope (outlined below)
- The number of participating venture deals between 10/1/2022 - 9/30/2023
- Ties are broken by the most active investors of recent quarters
BUILTWORLDS VENTURE SCOPE
BuiltWorlds Ventures tracks deals via primary data collection and publicly sourced deal flow made in the built startup ecosystem. Innovative solutions that augment the design, engineering, material/equipment procurement, and construction of vertical & horizontal assets, to post-build technologies involved in the operations, monitoring, and maintenance of built-world assets.
BuiltWorlds Venture team examines and provides actionable insights into early-stage ventures addressing mission-critical issues across the lifecycle of built worlds assets, for a comprehensive understanding of venture activity in real-time.
To see a full breakdown of all the deals tracked within the BuiltWorlds VC ecosystem, and a further delineation of where this capital is being put to work (investment themes & stages broken out by quarter), take a look at BuiltWorlds Venture Dashboard.
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