MAECONOMY Raises €1.5M to Monetise Building Materials in Circular Economy

MAECONOMY has raised €1.5 million in funding to build the financial backbone of a more circular construction economy in Europe. The company says the new capital will help accelerate the development of its market infrastructure for the circular built environment. The funding round was led by LUMO Labs, along with LIOF.

MAECONOMY is working on a model that treats building materials not as end-of-life waste, but as auditable and monetisable assets. Its platform is designed to help stakeholders track, verify and transact materials embedded in buildings and infrastructure, with the goal of turning them into liquid, asset-backed reserves.

Vince Meens, Founder and CEO of MAECONOMY, said, “The company is trying to create the missing financial infrastructure needed to make a functioning market for circular building materials possible. The platform is built on the principle that materials within buildings can be standardised, verified and traded before they are physically removed, allowing the sector to unlock value that is often ignored in today’s system.”

Dagmar van Ravenswaay Claasen, Senior Partner at LUMO Labs, said, “Valuable materials such as steel, concrete, timber and copper are often left unused or treated as waste, even when they retain economic value. MAECONOMY’s platform introduces a financial layer that could allow those materials to be standardised, verified and traded before extraction.”

The startup also positions its technology within Europe’s broader sustainability push. According to the company, its system can support measurable CO₂ reductions and help organisations align with emerging EU sustainability frameworks, including the Corporate Sustainability Reporting Directive (CSRD) and the EU Taxonomy.

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