Foundamental

Foundamental is a Berlin, Germany-based venture capital firm with a distinct global focus on the construction, renovation, and design technology sectors, often referred to as ConTech and PropTech. Established to address the significant opportunities for innovation within these traditionally underserved industries, the firm positions itself as a specialist investor, providing capital and strategic support to startups aiming to modernize the built world. Its unique specialization allows it to cultivate deep industry expertise and a targeted network, making it a key player in the nascent but rapidly growing construction tech ecosystem.

The firm's investment strategy spans from Seed to Series B stages, indicating a willingness to support companies from their earliest conceptual phases through significant growth and scaling. Foundamental seeks out disruptive technologies and business models that can drive efficiency, sustainability, and productivity across the entire construction lifecycle, from planning and design to build and operations. This includes areas such as advanced materials, robotics, AI-driven project management, and digital collaboration platforms, all aimed at transforming a sector historically slow to adopt new technologies.

In 2021, Foundamental successfully closed a dedicated fund totaling €100 million, underscoring its commitment and capacity to deploy substantial capital within its niche. The firm typically deploys initial cheques ranging from €500,000 to €5 million. Converting these figures to US dollars (based on a historical average exchange rate), this translates to approximately $575,000 to $5,750,000 for their typical first investment. This targeted approach allows them to build a concentrated portfolio of high-potential companies transforming the global construction landscape.