Plant has successfully completed a significant funding round led by Investment AB Latour (publ), through its subsidiary Latour Future Solutions AB, with substantial investments from Almi Invest Greentech and Course Corrected. The oversubscribed round raised SEK 25 million, further confirming market confidence in Plant. Specialising in comprehensive climate calculations and declarations for construction and property companies, Plant is taking a major step in its mission to reduce the industry’s climate impact.
“Plant’s solutions offer a route to lower CO2 emissions in the property industry and bring necessary change to how property projects are planned, delivered and followed up. We are convinced our collaboration with Plant will generate significant environmental impact, advance industry innovation and accelerate the company’s international growth.”
Pelle Mattisson, CEO of Latour Future Solutions AB
Founded in 2017, Plant has doubled its revenue and workforce annually over the past four years. Its pioneering 3D platform lets construction and property companies integrate accurate climate calculations into their workflows, supporting smarter, lower-carbon decisions across all buildings and construction stages. Plant’s industry-leading cloud platform combines BIM models with advanced technology such as machine learning and artificial intelligence. Companies can dynamically visualise and efficiently reduce projects’ total climate impact while working proactively on benchmarking and strategic forecasting at company level. Plant currently helps 50 per cent of Sweden’s large-cap property companies reduce their climate impact and is headquartered in Stockholm with 25 full-time employees.
Pelle Mattisson, CEO of Latour Future Solutions AB, says: “Plant’s solutions offer a route to lower CO2 emissions in the property industry and bring necessary change to how property projects are planned, delivered and followed up. We are convinced our collaboration with Plant will generate significant environmental impact, advance industry innovation and accelerate the company’s international growth.”
Jonas Bergqvist, Investment Manager at Almi Invest Greentech, adds: “Our investment in Plant is a natural complement to the existing companies in our climate and environment-focused fund. The built environment sector is a future focus for us, and we are impressed by Plant’s ability to use its unique technology and expertise to deliver significant positive climate benefits in the property industry already today. Everyone involved in construction will need solutions to manage climate impact, and we consider Plant’s by far the best.”
With this funding, Plant looks forward to further developing its innovative climate calculation platform and expanding in Sweden and internationally. “This successful funding round is clearly an important milestone for Plant. We can now accelerate our vision of reducing the construction and property sector’s climate impact. With our investors’ support and our advanced software, we are well positioned to continue leading the way towards more sustainable construction,” say Pelle Tunell and John Sjulander, Plant’s founders and principal owners.
