London-based Qflow secures €8.3 million Series A to decarbonise construction globally with circular approach

The funding round was led by Climate Tech VC Systemiq Capital and includes an impressive group of investors across the construction industry and technology. Qflow has previously raised £2.4M across two seed rounds, with investment from PiLabs, MMC, Goldacre, Entrepreneur First (EF London 10) and angel investors. Matthew Goldstein, General Partner at Systemiq Capital, says: “Qflow uniquely aligns the goals of construction CFOs and sustainability executives, accelerating customers’ decarbonisation ambitions while saving them time, money, and reducing regulatory risk. We are leading their Series A, at a time when most VCs are scaling back their activities, to accelerate and capitalise on this unique opportunity and critical mission. Further commitment from real estate and construction heavyweights Grosvenor, Bridge Investment Group and others is a testament to the value of Qflow’s solution and the work they are doing to transform the industry.”