Fuchs & Eule Raises €10 Million to Scale AI-Powered Building Retrofit Platform

By Amit Chowdhry • Today at 6:22 PM

Berlin-based Fuchs & Eule has raised €10 million in a funding round to accelerate the growth of its AI-powered platform that helps professional property owners plan and execute energy-efficient building retrofits. The funding round was led by GET Fund, with participation from new investors PI Impact and WaVe-X, alongside existing investors SET Ventures, Picus Capital, and Realyze Ventures.

Fuchs & Eule will use the new capital to expand its digital platform by advancing its AI capabilities, intelligent portfolio screening tools, data-driven building analyses, and personalized renovation recommendations. The company aims to simplify the complex process of building energy renovations by providing property owners with actionable, investment-ready retrofit plans.

The company’s platform combines AI-powered portfolio screening, digital twins, engineering expertise, and subsidy guidance to help building owners determine which properties should be renovated first, identify the most cost-effective improvements, and move projects from planning to implementation. Across its projects, Fuchs & Eule reports average emissions reductions of 21.6 metric tons of CO₂ per building annually.

Buildings remain one of Europe’s largest decarbonization challenges as owners contend with rising energy costs, tighter environmental regulations, and shifting property valuations. Fuchs & Eule’s software is designed to address these pressures by transforming fragmented building data into tailored recommendations for heating, ventilation, air conditioning, building envelope upgrades, and other energy-efficiency improvements.

Beyond technical analysis, the company also assists customers with identifying government incentives and preparing grant applications, helping overcome financial and administrative barriers that often delay renovation projects.

The company believes demand for data-driven retrofit planning will continue to grow as European regulations become more stringent. Under the EU Buildings Directive, member states must renovate 16% of the lowest-performing non-residential buildings by 2030, increasing to 26% by 2033.

KEY QUOTES:

“The biggest hurdle is not the willingness to renovate, but the complexity of the decisions. We make them manageable, with AI-supported analyses, clear recommendations for action and sound advice for the entire property portfolio.”

Dr. Tobias Frese, Co-CEO of Fuchs & Eule

“Fuchs & Eule is working on one of the biggest decarbonisation levers in Europe: the existing building stock. By combining granular data, AI-supported analysis and deep building expertise, the team helps property owners make better retrofit decisions at scale. We are very pleased to continue supporting the company as it grows in this market and delivers impact through data-driven insights and solutions.”

Dr. Till Stenzel, Partner at SET Ventures

“I have been working on building retrofits since their launch in 2005, and I have been frustrated by the one-size-fits-all recommendations with inconsistent quality. Fuchs & Eule stands out by translating building physics into bespoke retrofit measures that make sense both energetically and economically. That is why I am excited to back the team.”

Dr. Isabelle Canu, Partner at GET Fund

“Fuchs & Eule has built an impressive model that combines highly granular data, strong AI-powered calculations and deep expertise to support better decision-making.”

Lotte Stoltenborgh, Investment Manager at PI Impact