News and Insights

STYX News

🏆 PropTech of the Year: syte

We at STYX love seeing bold visions turn into real impact and syte is a prime example. At this year’s Tag der Immobilienwirtschaft, the team around Lena Lüpping, Matthias Zühlke, and Daniel Gistschak was awarded PropTech of the Year 2025 by the ZIA German Property Federation.

syte is an AI-powered platform that links building and land data and instantly uncovers infill development opportunities. The startup is sustainable, in line with local building regulations, and economically viable. It supports authorities, developers, planners, and investors in accelerating housing creation, streamlining approval processes, and reducing land consumption by making smarter decisions based on existing building stock and urban context. 📈

Huge congrats to the whole team for this milestone.🙌

📸 Photo credits: ZIA

🙌 Fast Forward: Catching up on Mateo’s journey

We’ve been proud backers of Mateo from day one, watching them evolve from a property management platform into an AI-powered assistant for SMEs. Their solution acts as the AI assistant for customer loyalty, automating communication in a GDPR-compliant and industry-specific way across WhatsApp, email, and even traditional mail.

Mateo helps mid-sized companies redefine customer engagement by leveraging WhatsApp, Facebook, and Instagram. The platform turns everyday communication into AI-driven omnichannel marketing, giving SMEs a real edge in connecting with their customers – and potential buyers.

The recognition speaks for itself: #18 in this year’s Top 100 Software Tools in DACH by OMR Reviews. With more than 100 glowing reviews and top scores like 9.7 in customer support and 9.4 in meeting requirements, the market clearly agrees: Mateo delivers.

🔍 If you’re curious how AI assistants can transform customer relationships in industries like real estate, finance, or retail, we’re happy to connect you with the team.

Big thanks to OMR Reviews for the market snapshot – and congrats to Mateo’s founders Christian Strauch, Domenik J. FOX 🦊, and Philipp Steinrötter for this well-deserved recognition! 🚀

🚀 Fast Forward: Telescope

Big news from our portfolio company Telescope!
They’ve just dropped their new YouTube series: The Hubble 🔭
Instead of endless webinars, 50-page reports, and buzzword bingo, this is something else:
✅ Unfiltered insights from the people tackling issues from climate and financial risks to the EU Taxonomy.

In the first episode of The Hubble, Isak Oksvold of Møller Eiendom explains how the company drives its sustainability strategy and navigates EU taxonomy, CSRD, and Omnibus regulations, sharing industry reactions and key risks.

The playlist is already packed with 7 episodes! So dive in, learn something new, and keep an eye out for what’s next.

🇪🇺AI in the Energy Sector: How Europe Is Leading the Shift

AI is transforming industry after industry — and energy is next.
The European Union is investing heavily to make energy infrastructure more efficient, resilient, and sustainable. ♻️

Through initiatives like the Common European Energy Data Space and AI-EFFECT, the European Commission aims to:

⚡ Provide high-quality, real-time energy data
⚡ Enable precise control of consumption & production
⚡ Improve renewable energy design & performance
⚡ Use AI for better management of grids and assets

A major milestone: GE Vernova, the energy spinoff from GE General Electric, is acquiring Alteia, a French AI-vision startup helping utilities detect grid defects, vegetation risks, and maintenance needs. This will give utilities greater transparency, control, and predictive capabilities to manage increasingly complex energy networks. 🙌

Just as AI is revolutionizing energy, it’s transforming real estate. At STYX, we see AI as one of the most powerful trends shaping real estate. It is enabling the industry to tackle regulatory challenges and plan, adapt, and act with greater agility and resilience in dynamic market environments.

🏢The PropTech Germany Study 2025: What It Takes to Build a Successful PropTech Startup

The PropTech Germany Study 2025 by TH Aschaffenburg University of Applied Sciences and blackprint shows: while the challenges for startups in realestate have grown, the path to success has become more fragmented and harder to define.

What does it take to build a winning hashtag#PropTech startup today?
🧭 A clear positioning with a compelling mission
📈 A scalable business model that signals long-term potential
🚀 Strong founder personalities with drive and clarity
🎯 Targeted visibility and sharp brand identity
📊 Reliable KPIs, exit strategies & experience — still relevant, but losing weight

Ultimately, success in PropTech depends on more than just product and funding. It takes an understanding of how the industry works and how to navigate it.

And one insight stands out:
👉 40% of PropTech founders say that a strong industry network is decisive for growth.

At STYX, we see this confirmed in every pitch and every partnership. That’s why we invest more than capital, we invest our network. We bring PropTech founders into the right rooms, at the right time, with the right story.

🏙️  The PropTech Germany Study 2025: A Clearer View of the Challenges Ahead

Since 2020, the #PropTech Germany study series has offered insights into key factors of the construction and real estate sector. For the sixth year in a row, TH Aschaffenburg University of Applied Sciences and blackprint present the study about the PropTech market in #Germany.The findings show that across all phases, from market entry and sales to implementation, the hurdles within construction and real estate companies have intensified compared to 2021.

📌 Slow decision-making structures due to lack of pressure to digitize

📌 Low risk appetite

📌 Accessing the right decision-makers

📌 No clear project ownership, leading to unclear responsibilities

📌 Insufficient budgets often stall progress📌 A lack of prioritization during implementation

📌 No C-level sponsorship to drive decisions

We at STYX believe that overcoming these barriers requires more than just capital. It takes deep sector expertise, close partnerships, and the courage to challenge the status quo. That’s why we back PropTech founders who are ready to rethink #urbanspace and build a more resilient #future.

🌟Milestone for climate-positive building in Mannheim

Last month, our co-founders Florian Fischer and David Zwilling joined an inspiring event hosted by 3iPro GmbH and the Stadt Mannheim to celebrate the topping-out ceremony of the new Hitachi Energy headquarters.

🏙️Alongside Hitachi Energy, Köster GmbH, AllesWirdGut Architektur ZT GmbH, Mayor Christian Specht, and many other guests, we marked the progress of a true lighthouse project: a 9,000 sqm campus built with sustainable timber construction, powered by solar and geothermal energy, and equipped with cutting-edge fire prevention systems.The project has already received the DGNB Platinum pre-certificate and the Local Green Deal plaque from the City of Mannheim, a strong signal for climate-conscious construction and innovation in real estate.🎖️

Thank you to Davut Deletioglu and Klaus Helmrich for the warm welcome and inspiring exchange.Congrats to the whole 3iPro GmbH team and all partners on reaching this milestone!

The construction efforts reflect exactly what matters to us at STYX: building urban spaces that are bold, sustainable, and ready for the future.♻️

🎤Our Co-Founder on Stage: Florian Fischer at VDS 2025

We’re excited to announce that our Co-Founder and Chairman Florian Fischer will be speaking at Valencia Digital Summit 2025 this October 22–23!

Mark your calendars for the Global Tech Event for Leading Startups, Corporates and Investors, it will inspire you once again. 🌟

The Spanish Solar Boom Is Turning Into a Fire Sale ☀️

Over the past years, billions in venture and growth capital have poured into Spain’s photovoltaic sector. Everyone raced to build capacity, driven by hype and the promise of fast returns.Now, a large number of solar projects are up for sale. Prices have collapsed from €200,000 per megawatt to €80,000 or less, while capture prices have dropped below break-even. Demand is flat, storage is scarce, and delayed auctions plus inconsistent incentives have added to the chaos. 💰

This isn’t a failure of solar itself. It’s a clear warning: when capital floods in without proving unit economics, overcapacity and write-downs are inevitable.We’ve seen the same pattern in other sectors like e-mobility, battery recycling, or AI. At STYX, we’re entrepreneurs first, not hype investors. Sustainable growth needs patient capital, proven models, and realistic assumptions & our Urban Living Labs provide exactly that! 🌇

🇪🇸 Big moments for Ectos!

A couple weeks ago, our venture partner Josep R. Novell LL.M. had the fantastic opportunity to attend the leading entrepreneurship event in southern Spain, Alhambra Venture.The conference is dedicated to supporting startups in reaching their growth milestones and securing investment. 🌟

As a highlight, our portfolio company ECTOS from Spain had the chance to present their idea! Many thanks to Alhambra Venture for offering Ectos this wonderful platform, the event was a great chance to build new connections within the Spanish startup ecosystem.

At STYX, we’re proud to be the first to back this promising project and thrilled to see them taking the stage at one of Spain’s major startup events. ☀️

🙌 Fast Forward: Catching up on Wohnio’s Journey

In Austria’s capital, Vienna, Wohnio is proving how existing heating systems can become powerful levers for decarbonization, ESG compliance, and cost reduction. Just a few months after our investment, they started their collaboration with ÖSW AG and it turns out to be a great great success. Retrofitting Wohnio’s product, they transformed a 1986 multi-family building with 47 units and over 3,200 m² of space from unbalanced district heating to a more sustainable asset. The results speak for themselves:

♻️ Heating energy savings of 30.2%

♻️ Over 21 tons CO₂ saved per year

♻️ Return on investment period of 1.4 years

Across other projects, Wohnio supports housing companies and cooperatives in lowering costs, improving tenant comfort, and preparing existing buildings for the transition to sustainable heating systems. From district heating to gas, oil, or renewable energy, Wohnio has the right solution for every central heating system.Keep in mind that Wohnio is preparing to enter the German market, so keep in touch or reach out to Kevin B. or Gabriel Brandstetter directly. ✅

📊 Tracking European UrbanTech Acquisition

TrendsFrom real estate and construction tech to energy and climate platforms, the European UrbanTech sector is maturing, and exits are following. A new analysis by Axeleo Capital (AXC) provides a comprehensive overview of recent M&A activity in Proptech, Contech, and EnergyTech, tracking more than 150 exits from early 2023 through Q1 2025.So what’s happening under the surface of Europe’s UrbanTech dealflow? Let’s take a look what the team around Dimitri Kremp has found:

💵 Deal volume has remained stable, with around 60 transactions annually in 2023 and 2024, followed by a strong Q1 2025 (28 deals). Notably, 40% of exits come from startup-to-startup consolidation, with corporates and private equity firms equally accounting for the remaining 60%. These dynamics reflect both market maturity and growing strategic appetite for UrbanTech innovation.

🌍 Geographically, 70% of transactions occur within local ecosystems, mostly within Europe or North America, highlighting regional consolidation as a key driver. Cross-border interest is rising, particularly from Asia and the Middle East.

🛠️ In terms of sectors, real estate leads with 49%, followed by energy and environment, making up 27% and construction tech with 24%. Digital twins, ESG tracking, IoT, and predictive analytics are among the most commonly targeted technologies.

Huge props to the Axeleo Capital (AXC) team for publishing this insightful and on point market overview!

🔍 Venture Dates 2025 in Kaiserslautern: Spotlighting regional strengths and bridging ecosystems

Last month, Erik Walkling and Friedrich Droese joined Venture Dates 2025 organized by the Chair of Entrepreneurship | RPTU Kaiserslautern-Landau, an inspiring gathering of founders and investors, where they had the chance to engage directly with the teams and learn more about their products and visions in a dynamic speed dating format.Both of them were especially impressed by the founders’ creativity and inventive spirit: from inflatable bicycle helmets and AI-generated audio guides to circular systems for climbing holds and asparagus harvesting machines, the variety was noteworthy. Those diverse ideas are a testament to the creativity and builder’s mindset at RPTU Kaiserslautern-Landau 🫆

In contrast to the University right at our offices doorsteps, University of Mannheim, one particular insight stood out:While here, events like Q-Summit and the student initiative thinc! bring together students with strong business skills and the main challenge when building teams is often finding the right technical expertise. In Kaiserslautern, many founders are actively looking for commercial and business talent to complement their technical backgrounds.This contrast is a great reminder of how important it is to connect ecosystems and help founders find the right mix of skills.Thank you to RPTU School of Business and Economics Kaiserslautern-Landau, especially the Chair of Entrepreneurship, Dennis Steininger, Paul Dillmann, and Frank Petry 🦊, for the excellent organization and warm welcome.

Congratulations to all founders and to the finalists Inflabi, GenioGuide, and Pigtie. We look forward to seeing your ideas grow.💚

From decarbonizing cities to shaping Germany’s role as a leading economy - an insightful dinner in Berlin🔋

Last week, our co-founders Florian Fischer and David Zwilling had the pleasure of attending an exclusive dinner event in Berlin, hosted by our partner GIGA.GREEN and Stoke Park Capital. Together, STYX and GIGA.GREEN share the vision of decarbonizing cities and making buildings greener and more sustainable and that’s what the event was all about. 🏙️

A highlight - Germany’s former Federal Minister of Finance, Christian Lindner, joined the evening for an inspiring exchange of ideas around the future of the German economy.Special thanks to Sebastian Schmidt and Wolfgang Röbig from GIGA.GREEN for the invitation and for creating such a unique setting for dialogue and collaboration.We are proud to be part of a strong network driving innovation and sustainability forward! ♻️

🚨Proptech Denmarks Q&A: The future is retrofit

As a proud member of PropTech Denmark, our co-founder Florian Fischer had the opportunity to partake in the latest edition of Proptech Denmarks Q&A series. There he shares our perspectives on why digital transformation in real estate needs to go beyond technology adoption.

A big thank you to Proptech Denmark for the invite! 🤩

🙌 Fast Forward: Catching up on Nestflow’s journey

The Nestflow team around Ben Myers and Edgar Alexander Kooter is reimagining home equity as an asset class that works better for both homeowners and institutional investors.Their latest strategic step: welcoming Michael Bristow as advisor.As co-founder of CrowdProperty, Michael scaled one of the UK’s leading specialist property development lending platform and led the company in funding almost £1bn of residential property projects since 2014. He brings deep domain expertise and knows what it takes to structure, grow, and communicate an alternative real estate investment product.We’re convinced that makes him a strong fit for Nestflow’s next chapter: untapping institutional capital sources to fuel further growth, while improving the life of Elderly across Europe.Congrats to the Nestflow team, and welcome aboard, Mike! 🚀

🌍 Shaping the Future at the Ludwig Erhard Summit

Last month, David Zwilling joined leading minds from business, politics, and academia at the #LudwigErhardSummit at Lake Tegernsee. The annual gathering is one of Germany’s most prominent economic forums, a space where decision-makers come together to discuss the future of innovation, sustainability, and competitiveness in Europe. ✅

A big thank you to our partner GIGA.GREEN for the kind invitation. We’ve had the pleasure of collaborating on several impactful events in the past, and it was great to continue the exchange at the summit. Special recognition to Sebastian Schmidt, founder of GIGA.GREEN, who shared his perspective as a speaker on the Energy & Sustainability panel.Also, kudos to the organizers for creating such a high-caliber platform for dialogue. We left inspired, and even more committed to supporting the next generation of entrepreneurs and leaders shaping the future from the ground up. 🔥

🏡Affordable housing is one of the most pressing challenges cities face today.

At this year’s ISHF - International Social Housing Festival 2025 in Dublin, industry leaders gathered to explore the future of housing affordability and social impact. 🌎

Our venture partner Josep R. Novell LL.M. joined an inspiring panel alongside experts in housing economics and representatives from local governments to discuss the direction the sector is heading, and what needs to be done to make real progress.A big thank you to Francesc Martí for the invitation and the chance to share the STYX perspective on the broader ecosystem.🌟

Josep is already looking forward to reconnecting with his fellow panelists to keep learning and to many more Guinness while working together to solve these challenges. 🍻

🏗️ A revolution in the real estate sector - powered by ESG

With a contribution of roughly 35% of global emissions, half of all material used, and 60% of waste generation, real estate is one of the biggest environmental drivers worldwide. However, CO₂ is becoming a new currency in real estate financing. ESG criteria are now shaping valuation, investment, and development decisions at every level. 🌱So where does ESG become tangible in real estate and how are companies responding?

Across our portfolio at STYX, we see bold answers emerging:

ECTOS tackles material waste by enabling construction companies to track, manage, and repurpose leftover building materials. Their platform also includes a marketplace where surplus materials can be traded sustainably.

Telescope enables commercial real estate owners to assess ESG and climate risks efficiently. By translating climate risk into financial risk, they create much-needed transparency for investors and lenders.

vreed. Immobilien digital. 🟢🔵 supports banks in green real estate financing. Their SaaS platform, built on digital twins, cuts renovation documentation costs by 80% and lead times by 93%, helping accelerate building upgrades across Germany.

The integration of ESG into financing and project development presents a real opportunity. Those who act now can unlock new value, drive innovation, and lead the transformation of the built environment. 🧱

Shout-out to the PropTech Powerhouse e.V. team for addressing this topic with such clarity and depth in the latest PropX Magazin. Great work!👏

🚀 Fast Forward: Catching up on Bakerix’s journey

Bakerix - Bakeries United is building the digital B2B backbone for bakeries across Germany - enabling hotels, care facilities, caterers and canteens to source fresh products from local bakers, reliably and daily.After expanding to our neighbour cities Frankfurt and Heidelberg in recent weeks, we’re especially excited to see Mannheim, our home base, on the map now. With more cities to follow soon, Bakerix is helping close the supply gap between professional kitchens and fresh regional quality.Huge respect to Mirco Grübel and the whole Bakerix team for scaling this across Germany!

Curious? Check them out at www.bakerix.de

🇮🇪 The International Social Housing Festival kicks off today in Dublin, bringing together experts and changemakers to explore how we can build more inclusive, sustainable cities. From land use and housing to climate adaptation, the festival dives deep into the systemic shifts needed to address today’s urban challenges.🌍

We’re excited that our Venture Partner Josep R. Novell will be joining the conversation later this week, speaking on a panel about building climate-resilient communities. Alongside the moderators Francesc Martí and Nader Afzalan, Ph.D., and fellow panelists Sebastien Delpont, Francesca Bodano, and Sven Van Elst, he’ll be exploring how innovation, policy, and investment intersect to shape the future of affordable housing 🏘️.

🙌 Looking forward to the dialogue, and to learning from an incredible lineup of voices at #ISHF2025.

🙌 Fast Forward: Catching up on Keyota’s journey

In the heart of Mannheim, keyota brings quiet innovation to life. Together with Christusgemeinde Mannheim, they’ve implemented a secure digital access system that respects the church’s historic architecture while offering modern functionality. The previously fragmented and unclear key setup has been replaced by a 5G-connected system that works reliably even through thick stone walls, without the need for Wi-Fi. Access is now simple and flexible: virtual tokens provide entry for volunteers, guests, and groups, while physical tokens ensure inclusion for those without smartphones. Even remote access is now possible, when handling spontaneous deliveries for instance. 🔐

A standout detail: the gold-brushed hardware from Uhlmann & Zacher GmbH, tailored to blend seamlessly into the church’s historic setting.This project shows how tech can be both respectful and revolutionary.

Frontline of Innovation: A night to remember 🌟

Yesterday we had the pleasure of attending the Frontline of Innovation Dinner at the breathtaking Christuskirche here in Mannheim. A huge thank you to Matthias Storch and Süleyman Acar for organizing this outstanding event! 🙌Bringing together over 150 handpicked guests from across all industries, the evening celebrated innovation, entrepreneurship, and regional collaboration at the highest level. After an insightful keynote by Judith Williams, the evening continued with a panel discussion featuring Simon Engelhorn, Johann Fitz, Manuel J Niederhofer, Christian Huf, and Ulrich Spindler. They shared authentic insights and their forward-thinking perspectives. The formal part of the evening flowed into dinner and networking. Events like this are crucial for fostering dialogue and driving bold ideas forward in the Rhine-Neckar region. 🚀

Special thanks to the partners who helped bring this night to life: Aston Martin Mannheim, Huf Haus, Unzer, BW-Bank, LB-BW Asset Management, Aachener Grundvermögen, and Good Brands.

🙌 Fast Forward: Catching up on SoliDrip’s journey

Business amidst uncertainty is definitely never easy, especially so in regions facing ongoing geopolitical challenges. However, SoliDrip has shown impressive resilience, continuing to build and expand their vision.The company develops an autonomous, plant-level irrigation system that optimizes water use by responding in real time to each plant’s needs. It’s already transforming outdoor environments like rooftop gardens and courtyards, as well as indoor spaces such as office planters and vertical walls. 🌱

Beyond urban use, SoliDrip is also working with smallholder farmers in Africa, supporting climate resilience and food security in regions facing severe water scarcity and climate pressures.💧

Now, with a brand-new website and fresh energy, SoliDrip is stepping into the next phase to grow even further. Props to Gad Marton for pushing through!

🔗 Curious? Explore more on the new site: https://solidrip.com

💡Big ideas start with small conversations

Two weeks ago Q-Summit brought the startup world back together at the University of Mannheim and we loved every minute of it. From inspiring panels and sharp speeches to deep conversations about tech trends, venture dynamics, and especially sustainable entrepreneurship, one of this year’s hot topics, the energy over the two days was unmatched. 🚀Our personal highlight: We had the pleasure of co-hosting the investors breakfast with our friends at D11Z.Ventures GmbH & Co. KG . More than 50 investors gathered for coffee, croissants, and open exchange in a relaxed setting where meaningful connections could thrive and ideas flowed freely. ☕️Massive thanks to everyone who joined us for the breakfast and the D11Z.Ventures GmbH & Co. KG team. As a University of Mannheim alumni led company, we’re impressed by the professionalism and the great work a new cohort of students pulls off every year. Kudos to the entire Q-Summit team - it’s been a blast.

We’re already counting down the days until the next one! 🙌

🎙 Innovation in the built world - rethinking the rules

At BUILDINX, the leading trade fair for logistics and industrial real estate, David Zwilling joined the Builders Tech Club podcast to discuss a different approach to real estate and construction investment: investing early and growing the right way. 🎯What does that look like in practice?→ Early-stage investing & real-world testing - Why real innovation in logistics and real estate needs practical application, not just big visions.→ Sustainability & decarbonization - How transforming existing assets is key to a climate-friendly future, and where the real opportunities lie.→ Market dynamics & new investment models - Why traditional VC expectations don’t fit this industry and what kind of strategy leads to sustainable success.→ Hands-on support, not just capital - How STYX helps startups grow through testing in our own portfolio and direct operational support like interim management.A big thank you to Jan C. Küster for hosting and the insightful discussion! We appreciate the opportunity to contribute to this important conversation. 🙌

A must-listen for anyone driving transformation in the built environment! Listen to the full episode!

🤖 🧠 Artificial Intelligence in Real Estate: Between Innovation and Regulation

AI is without a doubt the topic of the moment across industries, headlines, and boardrooms. And while the real estate sector isn’t typically known as a digital frontrunner, it’s catching up fast. But what exactly does that mean for companies, startups, and the broader ecosystem?The article ’The Use of Artificial Intelligence in the Real Estate Sector – Opportunities and Risks’ in the latest PropX Magazin provides a clear and structured overview. It outlines how AI is already being used today: generating exposés, streamlining inbox workflows, supporting legal document checks, and even enabling smarter property valuations.But beyond the use cases, the piece also takes a closer look at the legal side. With the EU AI Act having partially entered into force, companies are already facing new obligations around transparency, risk classification, and data protection, with further regulations set to follow over the next months and years. Especially in real estate, where AI often handles sensitive information, compliance is no longer optional, but critical.

Kudos to the PropTech Powerhouse e.V. team for addressing this topic with such clarity and depth! Great work!👏

🚀 Exploring the VC landscape with thinc!

Last week, we had the pleasure of hosting a workshop in collaboration with the student initiative thinc! from the University of Mannheim – diving deep into the world of Venture Capital as part of their thincubator by thinc! program.

Erik Walkling kicked things off by introducing STYX’s investment strategy, highlighting that compared to the ‘traditional VC’, an evergreen fund model isn't bound by a fixed fund lifecycle. We also discussed how STYX differentiates itself through a broad network of real estate owners, offering startups unique strategic advantages.Together with the students, we explored a Convertible Loan Agreement and an Equity Term Sheet. In hands-on sessions, they identified founder-friendly terms and key negotiation points from an investor's and founder’s perspective.To round it off, we challenged the common narrative: not every startup needs VC funding. Sometimes, bootstrapping or loans can be smarter paths to growth, depending on the context. 💡Huge thanks to all the engaged participants, it was great to see so much energy, curiosity, and thoughtful discussion.

Big shoutout also to the thinc! board Simon Hipp, Vincent Sagerer, Mathilde van Echelpoel, Franziska Knirsch, Titus Sequeira, and Amelie Brune, as well as Fabian Kolb, for organizing the amazing event. 🙌

🏗️ Where ConTech is headed next

With bauma taking place this week, we’ve taken a fresh look at where construction tech is going. Based on over 50 early-stage startups we've reviewed in our Q1 dealflow, we found that ConTech is evolving fast and differently:

1. Physical innovation leads the way 🧱

53% of the startups we analyzed are focused on hardware and new materials, a much higher share than in the broader European startup ecosystem. Whether it’s for better insulation, waste reduction, or low-impact construction methods, the message is clear: physical solutions remain essential to solving the industry’s toughest challenges.

2. AI adoption is rising quickly ⚙️

27% of the startups are already integrating AI, nearly double the European average. AI isn’t always the headline, but from workflow optimization to predictive maintenance and smarter design tools it’s increasingly embedded.

3. Sustainability is a core priority 🌱

Across emissions reduction (27%), resource conservation (27%), and certification tools (20%), sustainability was a recurring theme. Whether driven by regulation or market expectations, these startups are prioritizing environmental impact from day one.This sector isn’t just going digital, it’s staying physical, going greener, and thinking ahead. For VCs and industry leaders, that means a massive opportunity to invest in innovation that scales and matters. What trends do you see defining the future of ConTech? 🚀

‘Accelerating Europe – It’s Now Or Never'

At last week’s Tech.eu Summit in London, this one panel with insights from Adine Tjeenk Willink, Benoit Vandevivere, Cristobal Alonso, Monty Munford, and Patrick Newton especially caught our attention.Here are three insights that stuck with us:

🔁 Copy with pride - Across the EU, good solutions already exist. Instead of reinventing the wheel 27 times, let’s scale what works and start treating best practices like shared infrastructure.

💸 Investment of savings capital - In the US, around 85–90% of household capital is actively invested in capital markets, with less than 15% held in bank deposits. In Europe, the picture flips: over 40% of private wealth sits in low-yield savings accounts, and only 15–20% flows into market-based investments. There’s huge untapped potential, but it needs better incentives and frameworks.

🌍 Capital markets union - Europe is a single market for goods and services, but when it comes to capital, it still operates like 27 fragmented systems. A functioning capital markets union isn’t a nice-to-have, it’s essential to unlocking growth, scale, and innovation across the continent.

👉 In short: Europe has the tools, now it’s about the will to use them.

🏠 German PropTech in 2024: resilient, maturing, and more vital than ever

2024 was a challenging year for the construction and real estate industry: economic downturn, political uncertainty, and increased climate pressure put the sector to the test. But amidst all the turbulence, Germany’s PropTech ecosystem is showing remarkable resilience. 🚀According to the latest blackprint PropTech Report, the number of active PropTech startups in Germany hit an all-time high of 1264, a +41% increase YoY. Founders and investors alike doubled down on the sector, with 196 new startups and €1.018 billion in VC funding. Pre-Seed and Seed made up around 50% of all funding rounds, reflecting a continued strong momentum for early-stage innovation.The dominant theme? Energy efficiency. 81% of total VC volume flowed into startups tackling decarbonization, highlighting the urgent demand for scalable climate solutions in real estate. ConTechs and retrofitting-focused solutions gained momentum too, showing that the future of real estate must be both smart and sustainable.

💡Beyond the headline figures, compared to the previous year the blackprint team documented:→ A 73% increase in funding rounds, especially in Pre-Seed and Seed.→ A decline of -21% in insolvencies.→ A growing international investor interest, especially from the UK and US and across capital-intensive segments like solar and heat pumps.The PropTech sector may still face headwinds, but clearly, it's no longer just emerging – it’s accelerating. For us, these numbers are signals confirming what we already believe: the built world is being redefined by tech and the time to invest is now. Therefore, we're excited to back the next generation of PropTech innovators that turn regulatory pressure and energy challenges into scalable business models.

Props to the blackprint crew for making sense of a fast-evolving space - great work! 🙌

🌍 Earlier this month, Florian Fischer attended the Nordic PropTech Awards 2025, an exciting gathering where innovation and sustainability in real estate tech take center stage.

🏆The event brought together leading startups and experts from the Nordic PropTech ecosystem. For us at STYX, it meant a few inspiring days in Copenhagen filled with great conversations, new connections, and valuable exchanges with those driving real change in the real estate sector. The energy and openness of the community made it a truly special experience. A huge thank you to Michael Ambjorn and Laura Katzensteiner from PropTech Denmark, Daniel Butenschøn from Proptech Norway, PropTech Sweden, and PropTech Finland, as well as everyone else who contributed! 🌟A special highlight: Florian had the honor of participating in a reverse pitch session, alongside fellow investors Fabian Koenig from PT1 and Sebastian Peck from KOMPAS VC. In an exclusive session, we shared with the finalists, what makes us unique and how we support visionary founders driving the next wave of PropTech innovation.

🚀We were impressed by the innovative solutions emerging from the Nordic region and how they are pushing boundaries to drive real change in the real estate industry.

Congratulations to all the winners of the Nordic PropTech Awards 2025! 👏

🙌 Fast Forward: Catching up on Nestflow’s journey

At STYX, we seek investments that are not only financially attractive but also create a real impact on society. That’s why nearly a year ago, we invested in Ben and Edgar. With Nestflow they aim to help solve a major financial challenge for Europe’s elderly homeowners. Too many are “house rich, cash poor,” with over 80% of their wealth tied up in their homes and few ways to access it without taking on debt or selling outright. Nestflow offers a fair, flexible alternative: a platform that empowers homeowners to unlock their housing wealth by selling a share of their home’s future value, giving them financial freedom while staying in their homes. At the same time, investors gain access to a stable, high-return asset class, owner-occupied real estate. The challenge of home equity access is only growing, and Nestflow is proving that financial innovation can be both impactful and investable. Since our investment, Nestflow has gained significant traction. Their home portfolio has been growing at a double-digit rate month-over-month. They now also offer a secure investment backed by mortgage rights, providing investors with a fixed return.We’re proud to be part of this innovative solution with great co-investors such as EWOR, Birdhouse, and Oliver Mickler.

We can't wait to see how they continue scaling to reshape home equity across Europe. 🏡

🎙 Venture Capital & Construction Tech - What’s Next?

At BAU 2025, Florian Fischer joined the Builders Tech Club Podcast for a deep dive into the future of construction tech and investment.Together with Richard Luetzner (REHAU New Ventures), Dr.-Ing. Mark Windeknecht (World Fund), Conrad Peto-Madew (Futury), and Christoph Baier (Ambivation), they explored:💡 Which innovations have real market potential?💰 How can venture capital accelerate change in the built world?🏗 Why is now the right time to invest in ConTech?A big thank you to Jan C. Küster for hosting and to everyone on the panel for the insightful discussion! We appreciate the opportunity to contribute to this important conversation!

Listen to the full episode!

📢 Great news from our portfolio company Telescope!

The Oslo-based PropTech startup has raised €3.7M in a seed round to help real estate companies turn sustainability risks into strategic advantages.The round was co-led by Scale Capital and Dreamcraft Ventures, with participation from Curiosity VC and OBOS Oppstart.Congrats to Marit Bjerkreim, Gustav Haaland, Mathias Wahl, and the entire Telescope team on this milestone! Excited to see what’s next. 🚀🙌

🚀 Exploring Barcelona’s thriving startup ecosystem with Q-Summit

This week, we had the pleasure of hosting a group of students from Q-Summit at the University of Mannheim in Barcelona, offering them a deep dive into the city’s dynamic startup ecosystem. Barcelona is not only emerging as a European tech hub, it's also driving innovation, particularly across the sectors of MedTech and FinTech.To provide a well-rounded perspective, we brought together industry experts with various backgrounds for a panel discussion:💸 Josep R. Novell LL.M. provided the investor's viewpoint💡 Xavier Simó shared insights from the corporate world👥 Olivia Harrower ACMA AMCT spoke from a business angel’s perspective📈 Xavier Estanyol, co-founder of ECTOS, shared his experience of building and scaling a hashtag#contech Startup in Barcelona - more exciting news to come, so keep an eye out!Following the event, we had some valuable networking opportunities where ideas were exchanged and new connections were made. It was inspiring to see so much curiosity and enthusiasm from the next generation of entrepreneurs and investors.

A huge thank you to Q-Summit for visiting us in Barcelona. We truly enjoyed the exchange and look forward to continuing the conversations at the conference in Mannheim this April! 🌍

🏗️🔗 𝐁𝐀𝐔 2025 - 𝐓𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐢𝐬 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝

Florian Fischer and Erik Walkling were on the ground at 𝐁𝐀𝐔 𝐢𝐧 𝐌𝐮𝐧𝐢𝐜𝐡 to capture the pulse of the industry and here is what they take away:

👉 𝐓𝐡𝐞 𝐯𝐞𝐧𝐭𝐮𝐫𝐞 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐢𝐧 𝐔𝐫𝐛𝐚𝐧𝐓𝐞𝐜𝐡 𝐢𝐬 𝐛𝐞𝐢𝐧𝐠 𝐫𝐞𝐬𝐡𝐚𝐩𝐞𝐝 𝐛𝐲 𝐚 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐜𝐨𝐧𝐯𝐞𝐫𝐠𝐞𝐧𝐜𝐞.

At the heart of it lies the "magic triangle" - an interplay between (i) construction innovation, (ii) smart building design, and (iii) cutting-edge energy solutions. This triad is not just attracting investment, it is laying the foundation for resilient, efficient, and livable urban spaces. As we navigate the complexities of ESG requirements, it's clear that integrated approaches addressing all three aspects simultaneously are poised to lead the charge in creating the future proof cities of tomorrow.

🙏 Props to Jan C. Küster and Founders Fight Club for bringing together a great group of people in the boxing ring for key notes, panel and ultimatively the Founders Fight Night.🥊

🏚️ As administrators in city halls across Europe grapple with the complexities of urban development and the housing crisis, PropTech emerges as a powerful tool to create sustainable, economically viable solutions at the local level.🌱 🤝

At the 9th European European Cities for Sustainable Public Finances (CSPF) meeting this week Florian Fischer shared STYX's perspective on the matter with 20 European city CFOs among them Barcelona, Hamburg and Bordeaux.

Wrapping up the year with a BANG!

Asociación Internacional de Startups has put together another amazing event to showcase the #Sevilla ecosystem.

Great panelists, great pitches and the connection to #LATAM that always brings a happy twist.

I was honored to share the stage with the great Rene de Jong and the amazing Sascha Badelt in order to share our insights as BAs and early stage investors. From STYX and Now and Beyond Consulting we always try to feed as much knowledge to entrepreneurs as possible.

And of course plenty of time to catch up with old and new pals Anmol Goel Anindya Saha Adrián Crovetto

This is a 2024 wrap up. Enjoy the holidays and festivities ecosystem, see you next year with more and bigger news.

PS: we did have a massive audience. Pic was pre-panel 🤣🤣

The 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐅𝐢𝐠𝐡𝐭 𝐍𝐢𝐠𝐡𝐭 by FoundersFight.Club might just be the coolest pitch format in the German startup ecosystem.🏆

🥊𝐓𝐡𝐞 𝐒𝐞𝐭 𝐔𝐩The competition pits startups against each other in boxing match style direct face-offs. Each startup is matched with a worthy opponent, creating a series of one-on-one battles. Yes, this includes walk on songs and ideally a boxing ring.🎶

⏱️𝐓𝐡𝐞 𝐑𝐨𝐮𝐧𝐝𝐬

1️⃣ Opening Pitch: Each entrepreneur has one minute to present their case

2️⃣ Attack and Defend: The red corner attacks while the blue corner defends for one minute

3️⃣Role reversal: Roles switch, with blue attacking and red defending

⚠️𝐓𝐡𝐞 𝐓𝐰𝐢𝐬𝐭What makes Founders Fight Night truly unique is the absence of traditional pitching tools. There are no screens, no slides, and no visual aids. Contestants must rely solely on their words, passion, and entrepreneurial spirit to make their case.

🎖️𝐓𝐡𝐞 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧After the initial bout judges ask a single "haymaker question" to each contestant and an expert influencer gives a preference trying to sway the crowd in one direction.Ultimately, the audience votes publicly by holding up colored cards to determine the winner.

🕶️ 𝐓𝐡𝐞 𝐂𝐨𝐨𝐥 𝐅𝐚𝐜𝐭𝐨𝐫This format ensures high audience engagement and mimics the real startup world, where the market (represented by the audience) ultimately decides a startup's success. The set up transforms the often dry pitching process into an adrenaline-pumping spectacle, testing not just ideas but also the entrepreneurs' resilience, quick thinking, and ability to inspire under pressure.

Thanks for Jan C. Küster for inviting us to take part in Novembers BUILDINX edition and congrats to figth champion Anna Dieckhöfer from SLAPStack.

What is your favourite pitch event and format?

💥The 6th of November was indeed a political watershed!

⏩ What can we expect going forward, and what does 2025 hold for the German Startup Ecosystem in particular?

🔭In his opinion piece on Business Punk, STYX Co-Founder Florian Fischer ventures a look into the crystal ball.

link to the article: https://lnkd.in/epaEai2E

Autumn update from STYX 🍁 🎃 🏙️

🇪🇸 📈 🚀 Our branch in #Spain is growing. Together with Inger Egeland-Helgøy and Josep R. Novell LL.M., we had a blast at events including The District Show in #Barcelona, where we hosted a side event together with Xavier Mayo and Xavier Simó. Another personal highlight was VDS in #Valencia - a big shoutout to Krloos Rivera, Marcus Hølland Eikeland, Sabine Schoorl MBA 🏳️‍🌈, Jason Scott and many more who made this event a blast!

🇳🇱 🏡 👨🦳 Our portfolio company Nestflow secured funding from Europe's leading #agetech investor Birdhouse Ventures, kicked off by two weeks of insights and learnings in Antwerp, Belgium.

🏦 🚀 🏆 Jury duty in my home ecosystem #rheinneckar - Frederik Haas and his team at Volksbank Kurpfalz eG hosted one of the cooles startup festival in our region attracting more than 300 attendees. I had the pleasure to join the jury of the pitch competition together with Fjolla Myftari and Luis Langner. This was a great opportunity to see again how much this ecosystem has to offer!

😉What do Mercedes-Benz, IKEA and our portfolio company Telescope (Former Ei Solutions) have in common?

All three of them have had first-hand experience with the importance of cross-cultural brand naming!🌏

🚘 When Mercedes-Benz first entered the Chinese market, their brand name was initially translated as 奔死 (bēn sǐ), which unfortunately meant "rush to die". Realizing this was not an ideal message for a car brand, they quickly changed it to 奔驰 (bēn chí), meaning "to run quickly (as if flying)".

🛋️ IKEA, known for its Swedish product names, released a workbench called "FARTFULL" in 2005. While the name made sense in Swedish, with "fart" meaning "speed" or "fast", it had an unfortunate connotation in English. The product was eventually removed from the market.

🌱 Telescope, our Norwegian portfolio startup helping companies to navigate sustainability risk in real estate finance, began its journey under the brand name EiSolutions (Eiendom translates to property/ real estate in Norwegian). In German however, "Ei" translates to "egg" and even more ironically, at last year's Slush conference in Finland, Marit and Gustav introduced themselves as "NoSolutions".

💡Curious about Telescope? check out their new branding in action here: https://www.telescope.eco

With autumn in full swing, Inger Egeland-Helgøy and Erik Walkling went to attend Nordic Fund Day in Amsterdam last week.

What memories does the team take home?

🌟Witnessing Marit Bjerkreim from our portfolio company Telescope (Former Ei Solutions) rock the stage with her pitch as well as meeting Nestflow founder Edgar Alexander Kooter on his home turf.

💭 A harbour tour through Amsterdam's old town on a former refugee ship. We sat tightly packed with a group of 30 on a vessel that, just a few years ago, carried over 200 migrants across the Mediterranean.

👐 Catching up with the vibrant community Emilie Christensen and Nordic Edge have built over the last years. It is always a pleasure!

Our investment in Edgar Alexander Kooter, Ben Myers and their mission to make home equity release fair and accessible dates back not even four months and already their web domain can no longer be found?🤯

No need to worry, the two are alright, and NestEgg is now Nestflow, new name same mission!😉

🚀 Why the rebranding? Check out their official announcement and their new website (👉 www.nestflow.com) to find out more.

Who will we meet at the GROUNDBREAKERS Summit in Stuttgart this Thursday?

🏗️🌿The event will host a wide array of stakeholders in the construction world from leading universities and emerging startups to established industry players and research institutions. Our highlights?

👉 Keynote by Sika Germany GM Daniela Schmiedle

👉 Startup pitches from the first Groundbreakers batch and further promising ConTechs like HeatPump23 GmbHIf you're interested in joining, there are still a few tickets available and Johannes Felden is your go-to guy for any questions.

Florian and David sat down for a chat with the StartupValley Magazine to talk about:

👉 a possible roadmap based on agility toward greater sustainability in the real estate sector

👉 how Urban Living Labs align the interests of startups and hidden champions in the early stage

👉 a culture of paying forward as the core of our company culture

STYX BARCELONA made waves at The District Show! 🌊

To close out the third quarter of 2024, Josep R. Novell and Florian Fischer had the opportunity to present our Urban Living Lab concept at The District Show in Barcelona. We are dedicated to helping entrepreneurs with bold ideas to make cities and buildings future-proof and are excited to drive innovation in this vibrant ecosystem. Barcelona's ranking as the EU's second most preferred city for founders (Source: https://startupheatmap.eu/) makes it the perfect location for our super early-stage approach.

🙏 A huge thank you goes out to Xavier Simó and the inlea team for their support.

🏡 German PropTech is booming!📈

☔ Despite a German construction industry's in crisis the PropTech sector is showing impressive resilience and growth. From Jan to Jun 24, the number of PropTech startups increased by >20% YoY, with more than 100 new companies founded in the space.

➡ For Germany this brings the total to over 1,000 active startups tackling challenges in construction and real estate!

🔎 Kudos to VentureCapital Magazin and Mathias Renz for highlighting these developments in their recent newsletter.

[Disclaimer: exact numbers depend on vertical definition and data availability]

🌞⛱ As the sun shines and vacation season is in full swing, August temperatures remind us why decarbonizing, including real estate, is such an urgent matter.

🙌💫 To keep our spirits high, we got together today with our friends at AQUATY and welcomed our incoming intern Rike for a delicious BBQ at our offices in Mannheim's Jungbusch district.

🌊🕶 What activities does your team do to stay cool and connected during the summer?

🏗🏘 The real estate industry is changing, and it is changing fast.

✨ In their piece about innovation drivers in the industry, FinanzNachrichten has amongst others highlighted STYX and our Urban Living Lab approach.

👉 Read the full article here.

July has been another great month and here are some of my personal highlights from the STYX portfolio.

🚰 💧 ⏰ Enzo secured a 2.3M EUR #financinground from existing shareholders STYX and 2bX as well as new investors amongst them Alexander Grimm, Gerhard Frieg and Peter Schneider. Another milestone for Sascha Wolf and Marvin Follmann on their road to smart #property#insurance [Finance Forward reported - link]

🔑 🚪 📲 keyota secured debt financing from our partner Sparkasse Rhein Neckar Nord to bring their digital lock to the market. Personally, I'm a big believer in a mix of debt and equity #financing. Congrats to everyone who made this partnership work Niels Gronau Klaus Junge Clemens Rudolph!

💬 🐨 🚀 After securing a #seedround led by Brandenburg Kapital GmbH we started board work on Mateo's future growth in the omni-channel communication space. As a first investor, I'm happy to support the work of the board led by Sebastian Bertram, Matthias Grychta and Philipp Gabriel Josef Engels as an observer to help Christian, Domenik and Philipp on their entrepreneurial journey. [Startbase reported on Mateo's seed round - link]

One more year, one more successful event. #alhambraventures reaches its 11th edition with a bang. Full 2 days of panels, keynotes, networking and dinners.

Seeing the amazing talent the #startups bring year in and year out makes this event a must in the south of Spain.

And being able to attend keynotes such as the one mastered by Ramón Blanco Duelo on how to deal with failure is a cherry on top.

Well, and dinner under the magnificent Alhambra.

STYX went looking for startups in the #proptech #cleantech scene, and boy were we happy with what we found.

Keep it up Granada and see you next year!

#vc #investment #legal #funds

❌ An old mantra becomes obsolet!

🗞 In his opinion piece for FOCUS online STYX Founder and CEO Florian Fischer admits, that the path to climate neutrality in the property market is marked by slow progress, high costs, and increasing regulatory requirements.

🔎 Private homeowners must make significant investments in the energy-efficient renovation of their buildings to reduce energy consumption and comply with legal requirements. At the same time, companies are required to implement EU efficiency standards and sustainably renovate their buildings.

➡ He concludes, that the old mantra of always prioritizing cost efficiency, has become obsolete. Only a sustainable transformation, currently associated with noticeable costs, will provide companies in the industry with lasting competitive advantages. The path is anything but easy, but with determination and innovation, it can be managed.

What an event. Thanks Andorra Business for showcasing what this country has to offer.

We were delighted with the level of startups pitching, the high level of professionalism from the organization and the possibility to sit down and have 1-on-1 with the companies.Representing STYX and @nowandbeyond and joined by my co-investors at SIA - Startup Investor Accelerator, we were able to engage in amazing conversations and to discover great projects.

Thanks to josu gomez barrutiaAstghik Zakharyan and the rest of the crowd for a great event. See you next year!

👀 Who else is attending the South Summit in Madrid later this week?

👋 Be sure to connect with our local venture partner, Josep, who will be on site from Thursday to Friday!

Why #Copenhagen is My Urban Spirit Animal 🇩🇰 🐣 🌆

Copenhagen stands out as one of the most livable cities globally, leading the way in placemaking by prioritizing its residents. The city's approach to redevelopment is evident in projects like transforming the old meatpacking district into a vibrant leisure district and the iconic #Nordhavn redevelopment. These initiatives demonstrate acumen in fostering new ways of economic growth within a livable urban environment.

It worries me that the overall mindset in German harbor cities is different. The argument is driven by insecurity about what's next and the possibility of falling behind in competitive location attractiveness. In my opinion, this mindset, which focuses on obstacles, buries opportunities for citizens and the economy.

Personally, I take a lot of inspiration from Copenhagen's leap of faith in transformative projects. Cities should not prioritize containers over #citizens. In a more holistic approach to urban development, livable cities and economic growth are not contradictory.

Copenhagen truly embodies my urban spirit animal. What city resonates with you in a similar way?

👐Lead by Inger Egeland-Helgøy, our STYX trailblazer across the Nordics, Florian Fischer, David Zwilling and Simon Engelhorn had an inspiring time at last week's Nordic Fund Day in Stavanger.

➡The event began with an investor reception organized by Emilie Martinsen Christensen from Nordic Edge. It was a great occasion for the team to catch up and exchange with local and international partners in the ecosystem.

🙏Thanks to Smedvig, Link Venture Capital and SpareBank 1 Sør-Norge who among others co-hosted the reception.

Looking back at the "VC Breakfast" we hosted in partnership with seed + speed Ventures at this year's Q-Summit, agreeing on a key take away was easy: Let's do it again next time around!

🥐🥂🍳It was great to see so many of you making it to the beautiful engelhorn in Mannheim city center to kick-off their second day at the student run startup conference at University of Mannheim. When inviting 25 people translates to 50 attendees it might require some extra chairs, but it also means more conversation to have, more new faces to meet and more old friends to catch up with.

🙏It was a big pleasure to organize the event alongside Isabelle, who together with Isabell represented the early stage fund seed + speed Ventures. Their team around Alexander Kölpin focuses on B2B SaaS models in the DACH region and is full off peers we look up to.

👏The "VC Breakfast" was only a side event to the much larger Q-Summit which delivered a quality program to its participants over the course of two full days. Congrats to Simon, Tristan, Maya - to name a few - and the entire team!

🤝🥨 We are happy to contribute to this years Q-Summit by hosting the VC Breakfast alongside seed + speed Ventures!

🎓 Uni Mannheim Alumni Florian Fischer and Erik Walkling will be around campus for the two days and are looking forward to meet old friends and make new connections.

🙏🥂 Shout out to Isabelle Thierfelder and Simon Thongchai Wenzel for taking the lead in organizing the Friday morning bubbles.

📢 We're thrilled to introduce Josep R. Novell LL.M. as our newest team member at STYX! Join us in extending a warm welcome to Josep as he embarks on his journey as Venture Partner in #Barcelona.

🏘 Deeply rooted in Barcelona's entrepreneurial ecosystem, Josep will lead the local #UrbanLivingLab, engaging with founders from across the Iberian Peninsula who reimagine the urban and execute on visions for future proof cities and buildings.

💡 With over 10 years of legal experience in M&A and Venture Capital, Josep successfully directs Now and Beyond Consulting and is a member of the American Bar Association.

👀 Curious to see Josep in action? Meet him at this weeks MWC Barcelona where he will be joined by David Zwilling and Florian Fischer as well as Xavier Simó from our local partner inlea.

🗓 Inger Egeland-Helgøy will be attending Nordic PropTech Awards on February 1st in Copenhagen hosted by PropTech Denmark.

👀 Take the chance to meet her in person or see her on stage where she will rock the reverse pitch session.

🎉2023 was a big year for STYX. Take a look below to see what we have been up to.

🚀By now 2024 is well underway and we have big goals for this upcoming twelve months. Let's go!

👀 What do Mannheim, Stockholm and Madrid have in common?

✅ All three of them carry the official EU-label "Climate Neutral and Smart Cities by 2030". The label recognizes municipalities for successfully developing a climate city contract (CCC), encompassing a holistic vision for city wide climate neutrality, a concrete action plan and a supporting investment strategy.

🥇 The total list comprises ten European cities with Mannheim being the first German municipality to be recognized.

🤝 Proudly based in Mannheim, we are more motivated than ever to contribute to this vision. By validating and implementing GreenTech solutions from startups in our #UrbanLivingLab we are targeting the single biggest contributor to urban CO2 emissions: buildings and real estate.

#greentech #climateneutrality #smartcity #eu #greennewdeal #mannheim

🚀 We are a successful Danish proptech but how on earth can we enter the German market?

💭If that is a question you and your co-founders have been sweating over in the past, last month's proptech market entry program by Innovation Centre Denmark, NEXT MANNHEIM and Styx Urban Investments might have provided answers to some of your questions.✨One highlight of the two-day program was surely the German Scandinavian PropTech night which gathered key stakeholders from the real estate industry, proptech startups, corporate investors, business angels and investor to address on of the most pressing global challenges of our time: urban sustainability.

🙌 Shout out to all the startups for their pitches and going along with the no-slide format which made for crisp presentations full of spirited visions for a sustainable urban future. UbiqisenseExigo A/SLifeXEnnogie Deutschland GmbHMELTSkoneLabskeyotavreed GmbH

🙏 A big thank you goes out to the co-hosts of the evening, Innovation Centre Denmark and NEXT MANNHEIM, without whom the event would not have been possible.

👉 How did you find your way into the startup ecosystem?🎓 A student initiative like Q-Summit carrying entrepreneurship at heart surely is a great place to start! We recently had the pleasure of hosting their team at our Mannheim office and it was a gratifying experience to engage with such a dynamic group.

🎉 It was especially great to witness the growing interest in the startup ecosystem among students right at the beginning of their academic journey at University of Mannheim. Where in years past consulting and investment banking would have been on top of mind, by now entrepreneurship and startups are in the pole position for many first year students.

👏 Driving this change are student initiatives like Q-Summit, thinc! or creo, an alumni network in ABSOLVENTUM MANNHEIM that has put entrepreneurship front and center in recent times as well as dedicated faculties like the Mannheim Center for Entrepreneurship and Innovation .

⛔Researchers, innovators and founders often struggle to reach problem solution fit. Why? They lack access to testing space and real-life feedback.🔒🔑Together with Prototypes for Europe and NEXT MANNHEIM we are providing just that: the Sustainable Living Lab Mannheim.🔓🍃🏘Here public and private properties are provided as test sites for ecologically sustainable hashtag#urbantech products or services.

Prototypes or MVPs are put on the fast lane to be tested with public and private clients from the Mannheim area and have to prove their positive ecological impact through a Life-Cycle Analysis (LCA).🔊👂How can this look like in practice? Recently Marlene Stechl and Mauricio Fleischer Acuña from HopfON, a spin-off from TU Munich visited Mannheim. They showcased their innovative acoustic panels made from hop derivatives.

These panel-shaped products are designed to enhance room acoustics for walls and ceilings while predominantly utilizing agricultural byproducts. During their visit to the MAFINEX Technology Centre the team, accompanied by Daniel Heltzel gathered data on acoustic profiles and will now roll out their MVP for testing across two premises in Mannheim. 📐🔧Moreover, we visited the construction site of Mannheim based sustainable building trailblazers Vision Domes to explore a potential local partnership for HopfON.