Innovation and sustainability are at the forefront of change. Recognizing these transformative efforts, the European PropTech Association recently held its PropTech Startup & Scaleup Europe Awards 2023. This prestigious event brought together visionaries, entrepreneurs, and experts in the field to celebrate groundbreaking achievements in property technology. Among the standout top 3 was winners Leko Labs, a company committed to revolutionizing sustainable housing and construction.
The European PropTech Startup & Scale Up Awards
The PropTech Startup & Scaleup Europe Awards 2023, supported and promoted by the European Commission, by the President of the European Parliament, the President of the European Committee of the Regions the Regions, the Vice-President of the European Economic and Social Committee and several members from the European Parliament, are organised by European PropTech Association – PropTech House , FINNOVA (EU) and all the European PropTech/Contech Associations is a platform designed to showcase and honor outstanding achievements in the property technology sector. This annual event gathers leaders, investors, and innovators to recognize groundbreaking projects and solutions that are reshaping the real estate and construction industries. It serves as a catalyst for fostering innovation and driving the industry towards a more sustainable and tech-driven future.
Insights into the Esteemed Judges at this year’s awards
The competition was judged by a panel of 70 experts, each with a deep understanding of the real estate and construction sectors. These judges meticulously evaluated each submission, considering factors such as innovation, sustainability, and impact on the industry. We previously wrote an article highlighting the background of 6 of the judges, but for convenience we have summarised this below to give you a taste of the experts in attendance.
Dirk Paelinck plays a pivotal role, not just as moderator but as the Chairman of the European PropTech Association. His extensive knowledge and leadership in the field ensured that the awards were a true reflection of the transformative potential of proptech.
Leko Labs: A Champion of Sustainable Construction
Leko Labs, the brainchild of François Cordier, emerged as the shining stars of the PropTech Startup & Scaleup Europe Awards 2023. François Cordier’s passion for construction and sustainable housing led him to create Leko Labs. With a background in timber engineering and architecture, Cordier’s vision was to accelerate the global transition towards sustainable housing.
Leko Labs has made substantial progress in achieving this goal by developing a patented wooden constructive system that offers a sustainable alternative to traditional steel and concrete construction methods. Their innovative wood composite product boasts remarkable strength, capable of replacing up to 75% of the concrete and steel typically used in building construction.
What sets Leko Labs apart is its commitment to being “carbon negative.” By using sustainably sourced wood and employing a circular manufacturing process, Leko Labs aims to significantly reduce carbon emissions associated with construction. Their engineered wood not only has superior insulation properties but also enables thinner walls, resulting in better heating and cooling performance and increased floor space.
Leko Labs claims that its construction methods can potentially make buildings carbon-neutral over their entire lifetime, contributing to global efforts to combat climate change.
The Future of Construction with Leko Labs
Leko Labs’ innovative approach doesn’t stop at sustainable materials. They also employ an advanced robotics-driven construction process, significantly reducing build times and optimizing building design. Their software platform utilizes algorithms to minimize wood usage, enhance thermal and acoustic properties, and address common challenges associated with wooden buildings.
With a vision to scale its software and robotics construction system across Europe, including in Germany, the Nordics, and the U.K., Leko Labs is poised to reshape the construction industry.
Leko Labs’ commitment to smart, sustainable, and efficient construction aligns perfectly with the goals of the European PropTech Association. Their success at the 2023 awards underscores the importance of innovation in shaping the future of real estate and construction.
How to Enter the European PropTech Awards 2024
If you are inspired by the success of companies like Leko Labs and want to showcase your own innovative PropTech solutions, you can look forward to the European PropTech Awards in 2024.
Stay tuned for announcements and updates on the submission process, and be prepared to be a part of the next wave of transformative technologies that are revolutionizing the real estate and construction industries.
Together, we will build a more sustainable and tech-driven future for the world of property and construction.