Barcelona-based construction technology company 011h has raised €20 million in a funding round led by Ship2B Ventures and CDTI, with participation from existing investors including Seaya Ventures, Breega Venture II, and French fund Sicar, alongside industry entrepreneurs such as Alex Valls, José Ojeda, and Juan Velayos. The funding marks the final planned round before 011h shifts focus toward expanding its recurring business model.
Founded in 2020 by Lucas Carné and José Manuel Villanueva, the entrepreneurs behind fashion e-commerce platform Privalia, along with Josep Barberá and Carlos Llibre, 011h is reimagining how buildings are designed and constructed through a fully digital, sustainable, and industrialized approach. The company specializes in modular buildings using sustainable materials including engineered wood, light metal structures, and prefabricated concrete, with its platform connecting design, production, and construction processes into one digital system to reduce waste, emissions, and delivery times.
“Traditional construction remains one of the world’s most inefficient industries,” said co-founder Lucas Carné. “Our mission is to prove that building can be faster, cleaner, and more sustainable by integrating technology, modularity, and digital design. This latest funding round brings us closer to scaling that vision.” The company currently has housing developments worth €50 million under construction across Spain with partners including AEDAS Homes, Culmia, and Renta Corporación, with an additional €100 million in projects committed for 2026.
With projects such as Habitat Hospitalet in Barcelona, Fioresta in Alicante, and Casernes in Barcelona already completed, and others including Distrito Z in Málaga and Mar de Calonge in Girona underway, 011h expects to deliver more than 600 new homes by 2027. Robin Weninger, Partner at Ship2B Ventures, commented: “011h represents the future of sustainable construction — one that merges environmental responsibility with digital efficiency. We are proud to support a company that is redefining how cities are built for future generations.”
The company’s integrated, low-carbon model positions it as one of Europe’s most promising players in sustainable real estate and industrialized construction, significantly increasing transparency across the supply chain while addressing inefficiencies in the traditional construction industry through technology-driven modular building approaches.
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