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High Tech Series A Founded 2014

Leko

Leko develops augmented wood-based biocomposite materials for the construction sector, using AI-powered robotics technology to create cross-laminated timber composite materials that are carbon negative. The company combines advanced materials engineering with software solutions to design and optimize material usage, reducing waste and improving structural performance in building projects. Leko's technology targets…

📍 Luxembourg, Luxembourg · Advanced Materials,

Funding snapshot

Last roundSeries A
Amount$21M
Date22 February 2022
Total raised$21M
Team size30

About

Leko develops augmented wood-based biocomposite materials for the construction sector, using AI-powered robotics technology to create cross-laminated timber composite materials that are carbon negative. The company combines advanced materials engineering with software solutions to design and optimize material usage, reducing waste and improving structural performance in building projects. Leko's technology targets the construction industry's need for sustainable, high-performance building materials that can replace traditional steel and concrete components with renewable, bio-based alternatives= Founded in 2014 and headquartered in Luxembourg, Luxembourg, the company has raised $21 million in Series A funding from investors including Freigeist Capital, Extantia, Rise PropTech Fund, AMAVI Capital, Tencent, 2150.VC, Microsoft, and 4 ventures.

Business model

Advanced Materials > Biomaterials > Bio Composites > Augmented Wood,

Construction Tech > Building Materials > Advanced Building Materials > Wood Composites

Institutional investors

Freigeist Capital Extantia Rise PropTech Fund AMAVI Capital Tencent 2150.VC Microsoft 4 ventures

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