LEKO completes funding round, accelerates platform development

LEKO Labs, a Luxembourg-based company specialising in low-carbon construction systems, announces the completion of a funding round with its historical shareholders and partners. This transaction strengthens LEKO's financial position and supports its continued growth and next stages of industrial development.

A milestone after years of investment

The funding round follows LEKO achieving operational profitability in 2025, with positive EBITDA of €0.7 million, after several years of technological and industrial investment. This result also reflects the effects of a restructuring process carried out in a particularly demanding market environment for the construction sector as a whole.

With this latest round, the total amount of funds raised and deployed since 2017 now exceeds €30 million. Nearly ten years after its founding, LEKO relies on more than one million hours of engineering, nine patents, and approximately 500 homes delivered across Europe. The company is supported by an international team of around 20 employees across construction, engineering, industry, design, and finance, all working to support the decarbonisation of the construction sector. These investments have enabled LEKO to establish in Luxembourg a portfolio of technology and intellectual property dedicated to the decarbonisation of the construction sector, to develop advanced industrial capabilities, and to create qualified jobs in high-value-added fields.

François Cordier, Founder and CEO of LEKO, said: “This operation reflects our shareholders' renewed confidence in the trajectory we have been pursuing for nearly ten years. The continued commitment of our historical investors and partners validates the work accomplished, enables us to consolidate our financial base, and allows us to approach the next phase with strengthened industrial execution capacity. The interest shown by new investors reflects the maturity of our technology and the commercial traction of our industrial model. It will enable us to reach a new milestone in our European deployment.”

Keith O'Donnell, historical investor in LEKO, added: “What particularly stood out to us was the team's discipline and ability to execute. The construction sector has faced challenging market conditions, yet LEKO has stayed the course and, above all, demonstrated the relevance of its business model. This combination of resilience and commercial traction is what led us to renew our support for the company.”

A platform built for European decarbonisation

AMAVI Capital, a European fund dedicated to PropTech and the decarbonisation of real estate, counts IKO Real Estate group among its limited partners, an anchor that situates its support for LEKO within the Luxembourg investment ecosystem. Frédéric Van den Weghe, Managing

Partner, AMAVI Capital, explains: “Europe must simultaneously address an unprecedented housing shortage and the urgent need to decarbonise construction. LEKO demonstrates that it is possible to act on both fronts through an industrial and technological approach developed in Europe. The intellectual property, the automation technologies and the value chains have all been built and developed in the Benelux. This is precisely the kind of European industrial innovation that is essential to support today.”

The company has developed an integrated technological and industrial platform combining low-carbon construction systems, production automation, and design software tools for building professionals.

LEKO's development has been structured within Luxembourg's innovation ecosystem, with the support of Technoport. Since establishing its activities in Luxembourg in 2017, LEKO has evolved within an environment favourable to the development of industrial technologies and decarbonisation solutions, in line with the Grand Duchy's economic diversification strategy.