Vestack, a tech company specialising in the design and construction of low-carbon buildings, has raised over €10 million in a funding round led by Mirova’s first impact private equity fund.
Vestack, a tech company specialising in the design and construction of low-carbon buildings, has raised over €10 million in a funding round led by Mirova’s first impact private equity fund.
Miraova is an affiliate of Natixis Investment Managers dedicated to impact investing.
Ring Capital’s VC Impact fund Ring Mission, and Karista also particpated in the round.
Karista funds supported Vestack in a previous round in 2020, which enabled the business to develop its design and build solution and open a first assembly site East of Paris. The company has constructed its first projects and signed around 20 contracts in a booming market, supported by France’s new environmental regulations.