JUUNOO, a design company that aims to accelerate the transition to sustainable building methods, announced that it received $6.6 million in funding from existing investors. The additional funding will enable JUUNOO to expand into the second stage of its master plan, which includes entering new sectors like education, healthcare, and hospitality. This new funding round comes after JUUNOO’s success in partnering with notable clients, including Two Trees, Industrious, and Deloitte.
The company’s plan is an achievable three-step plan to transform the construction industry into a productive and sustainable sector. And the second phase of the company’s scale-up process focuses on expanding the use of its value-engineered solution across the construction sector.
JUUNOO specializes in creating sustainable and flexible partitioning solutions to transform spaces. And its innovative and cost-effective system is designed around circular value principles and includes walls, glass, phone booths, and meeting boxes, all designed to be easily assembled and reused.
The support from clients proves the viability of JUUNOO’s methods, which led the Belgium-based company to win some esteemed awards, such as the Deloitte Fast 50 – Sustainability Awards three times, as well as the Henry Van de Velde Ecodesign Gold award and the Red Dot Design awards that recognize its product design and the VBO Circular Business award that recognizes its circular business models.
Along with the investment, JUUNOO announces the appointment of Ruben Verhelst as its Head of Europe. And Verhelst brings a strong entrepreneurial background and deep operational expertise to the role. Previously, he co-founded and scaled his own company, where he served as Chief Operations Officer and developed a solid foundation in business growth and operational excellence.
Before his entrepreneurial venture, Verhelst honed his skills in the scale-up ecosystem at Showpad (one of Belgium’s pioneering SaaS technology companies), where he contributed to the company’s rapid growth and expansion in the tech sector. Earlier in his career, Verhelst consulted at McKinsey & Company, advising clients on strategy and operations.
KEY QUOTES:
“We’ve earned the trust of our investors, who share the vision outlined in our master plan for structural growth beyond commercial real estate. Our recent success and momentum demonstrate the market’s readiness for our efficient solutions. We are at an exciting stage, and we are grateful for the confidence our investors have displayed in us with this financial commitment.”
“As we scale up, the total interior drywall market becomes our target. Widespread adoption of our products and the value of reuse will enable massive savings compared to the current single-use approach. We aim to inspire others to adopt the same circular design principles. This will allow us to drive sustainable momentum for the entire building and design sector.”
– Chris Van de Voorde, Founder and CEO of JUUNOO
“Since joining JUUNOO in May, I have been thoroughly impressed by my colleagues and the company’s singular mission to accelerate the world’s transition to sustainable building methods. As the Head of Europe, I look forward to leveraging my experience and expertise to help JUUNOO accomplish its master plan.”
– Ruben Verhelst, the company’s new Head of Europe
