Investing in the sustainable future of the built environment

We support founders who make building and living more sustainable for people and the planet.

For investments, pitch us

CLIMATE AND BIODIVERSITY

Buildings produce over a third of global CO₂. With cities expanding, change can’t wait.

INEFFICIENT CONSTRUCTION

A $13T market with almost no productivity growth for the past decades needs digitization and innovation.

INDOOR HEALTH

We spend 90% of our lives indoors often in unhealthy spaces.

CIRCULAR MATERIALS

Construction consumes 50% of global raw materials. Circular business models are essential for a sustainable future.

What we do

SMART CAPITAL MEETS INDUSTRY INSIGHT

We support early-stage startups that are transforming the built environment through innovation in hardware, software, building materials, and business models.

Kiilto Ventures is the venture capital arm of Kiilto, a Finnish family-owned company with a long-standing legacy in manufacturing chemicals for construction, industry, and professional hygiene.

Learn more

Startups We're Proud to Back

kvistsolutions.com

Automating green certifications and sustainability reporting for real estate assets.

nobodyengineering.com​

Digital services for smarter, more sustainable buildings.

makeabim.com

Leveraging AI to accelerate digitization of existing buildings.

yuon.ch

Optimizing district heating networks with predictive, self-learning software.

recoma.com

Turning discarded waste into low-carbon, circular construction boards.

betolar.com

Lowering CO2 emissions and the use of virgin raw materials in construction and mining.

See full portfolio

Building the Future? Let’s Talk.

If you’re working on solutions for a better built environment,
we want to hear from you.

For investments, pitch us

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Nobody Engineering

Founders: Ville Ilkkala, Iridian Kiiskinen, Kari Ilkkala

CEO: Ville Ilkkala

Founding year: 2018

Invested: 2024

Description: Nobody Engineering offers a patent-pending IoT device combined with software robotics to connect outdated building automation systems to modern digital services. This plug-and-play solution allows for real-time data collection and control, extending the life of existing HVAC and control systems. It eliminates the need for costly upgrades, enabling scalable deployment of digital solutions across diverse building types.

Impact: Nobody Engineering’s solution connects legacy Building Automation Systems (BAS) to smart services enabling energy and CO2e savings through optimization. This postpones the need for costly BAS upgrades / renovating of building till later.

Website: nobodyengineering.com

Kvist Solutions

Founders: Fabian Utigard, Mathias Engevik, Mathias Picker, Thomas Rankin, Henrik Udnes 

CEO: Fabian Utigard

Founding year: 2022

Invested: 2024

Description: Kvist Solutions’ software helps real estate and construction companies simplify and streamline green building certifications (e.g. BREEAM and LEED) and sustainability reporting (e.g. Taxonomy, CSRD, internal sustainability management).

Impact: Kvist helps accelerate the construction industry’s transition to sustainability by enabling easier and automated compliance with certificates, EU Taxonomy, CSRD and internal sustainability management, promoting more efficient resource use and lower environmental footprint of buildings.

Website:
kvistsolutions.com

Matti Rönkkö

Experience & background

  • +15 years of startup and scaleup experience across different roles across multiple countries and continents
  • Previous experience from eg. Rocket Internet and as CEO of Nosto Solutions
  • Seen the ups and downs of the startup world


Focus area

  • Managing Director
  • Keep building an amazing team who can best support our portfolio companies in developing as well as find the future world class founders & teams
  • Help our portfolio founders and companies grow
  • Deliver value to our portfolio founders, our mother company, owners and the whole ecosystem within the sustainable built environment