MOMENI Digital Ventures, Elevat3 Capital and the energy company EWE are investing a mid-double-digit million sum in Bullfinch, a FinTech-GreenTech project from Frankfurt am Main that positions itself as a “platform that bundles, standardizes, finances and operates sustainable building and plant infrastructure projects”. The company was founded in 2019 by Robin Haack.
“Bullfinch is thrilled to welcome MOMENI Digital Ventures as an investor,” says Robin Haack, founder and CEO of Bullfinch. “We are firmly convinced that the energy transition will only be successful if energy, finance and real estate work together to bring about the necessary changes in the real estate world. With the support of MOMENI, Bullfinch is developing and testing the business models and value propositions that are intended to offer real estate owners added value in order to free up the capital required for green change. “
Bullfinch creates digital financing solutions for the energy transition.
The company addresses a market that comprises over 250 million buildings across the EU that will require a new energy infrastructure by 2050. Bullfinch pursues a pioneering business model and, as a platform, closes the financing gap between investors and clean tech companies in order to enable decentralized, clean energy. By bundling and standardizing, infrastructure projects are qualified for larger sources of finance. In this way, Bullfinch makes a significant contribution to ensuring that green energy generation has a prosperous future.
Juana M. Sacristán, Managing Director of MOMENI Digital Ventures, sees great potential in the development of Bullfinch: “The innovative strength of the Bullfinch business model, the vision of the management team and the quality of the shareholders have convinced us.” “This participation is an excellent example of cooperation between start-ups and established companies, ”adds Tim Fischer, also managing director of MOMENI Digital Ventures. “Bullfinch is able to create synergies that have a lasting positive effect on the energy balance of large real estate portfolios.”
In addition to MOMENI, other prominent investors, such as Christian Angermayer from the Growth VC fund Elevat3 Capital, in which PayPal founder Peter Thiel is a strategic investor, and the innovative energy company EWE, have set up growth financing in the mid double-digit million range.
MOMENI Digital Ventures participates in the startup Bullfinch was originally published in FrankfurtValley on Medium, where people are continuing the conversation by highlighting and responding to this story.