Deepki, a French business, has raised $166 million (€150 million) in a Series C fundraising round. For the real estate industry, the company is developing a software-as-a-service platform. It’s a monitoring and analytics tool that aids in better decision-making.
Deepki allows businesses to measure and evaluate ESG (Environmental, Social, and Governance) metrics, beginning with carbon emissions generated by their real estate assets.
What you can’t quantify, you can’t reduce. Deepki first gives you a thorough picture of your carbon emission performance, which is important for real estate investors who wish to reduce their environmental impact with new and existing projects.
Deepki allows you to gather and combine information on energy, water, and waste. Using APIs, online scraping, and connections to SFTP servers, the organisation strives to automate this process as much as possible.
It’s an excellent place to start if you want to evaluate how you compare to legal requirements in different parts of the world. You can also extract data for certification purposes.
However, a tool like Deepki can be very beneficial for observing trends over time. You can examine how your electricity or water use changes over time with Deepki’s data management and monitoring software.
Deepki allows large corporate clients with various commercial assets to add multiple locations to the platform and compare them. This allows you to prioritise one structure above another.
Highland Europe and One Peak Partners led the Series C funding round. The investment also includes Bpifrance’s Large Venture fund and Revaia. Existing investors, such as Hi Inov and Statkraft Ventures, are also putting more money on the table.
“If the global real estate sector is to halve its emissions by 2030 and achieve the net zero aim by 2050, it must act now.” Deepki will be able to take advantage of a large market opportunity. Deepki’s new investment means it can have a bigger impact and help even more asset owners tackle the climate change challenge, and we’re excited to welcome Highland Europe and One Peak, as well as Revaia and Bpifrance Large Venture, as new partners.
Deepki, as you can see, creates a highly customised SaaS platform for clients with very particular requirements. As a result, Deepki offers a consulting service to assist customers in implementing their ESG strategy and action plans.
The company presently employs 150 people in five European capitals. Deepki presently monitors over 500 million square metres of buildings in 38 different countries. AEW, Tikehau, and Genentech are among the clients.