Investor profile
Pi Labs
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Pi Labs is Europe's first and most active proptech-focused venture capital firm, backing innovators who are transforming our relationship with the built world and its impact on people, business, and the environment. Founded in 2015 and based in London, the firm invests globally at the earliest stages — from pre-seed to Series A — in companies creating a digital and sustainable built world, with a focus on four verticals: Sustainable Construction, Efficient Buildings & Infrastructure, Sustainable & Healthy Cities, and the Future of Work, Retail & Living. Pi Labs believes today's technology is insufficient to ensure the world is fit for generations to come, and therefore sources and invests in the technology of tomorrow. The firm is not afraid to take risks, acting as a long-term partner on the founders' journey. It targets European startups going global, and is also actively investing in North America, Asia, and Israel. Average ticket sizes range from £350K to £2M, with follow-on reserves across the portfolio lifecycle. The firm complements capital with its award-winning Growth Programme accelerator, a powerful ecosystem of mentors, venture partners, and institutional LP co-investors.
Notable quotes
“Raising close to $100 million against the backdrop of the Covid-19 pandemic is unprecedented for a fund that primarily targets early-stage proptech ventures.”
“RIIICO has the potential to use AI to transform how factories redesign manufacturing facilities in response to business demands and shifting market conditions.”
“Alrik is solving one of construction's biggest friction points - and the momentum speaks for itself.”
Team
Stefania Ponzo
Partner
Michael Murad
Partner
Recent investments
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Earlybird Venture Capital | 2 |
| People Ventures | 1 |
| WaVe-X | 1 |
| Zacua Ventures | 1 |
| Elkstone Partners | 1 |
| Unconventional Ventures | 1 |
| Ada Ventures | 1 |
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