Amsterdam-based Finch Buildings, known for their sustainable, modular wooden constructions, secures fresh funding from the Amsterdam Climate & Energy Fund (AKEF). The investment amount, however, currently remains undisclosed.
This funding aims to expedite the growth of Finch Buildings’ construction platform, with a dual focus on addressing the climate crisis and the housing shortage in Amsterdam and the Netherlands.
Brief about the investor
The Amsterdam Climate and Energy Fund (AKEF), initiated by the city of Amsterdam and overseen by e3 Partners, specialises in investments targeting energy transition and circularity.
Since its inception, the fund has allocated over €80M to support 34 projects.
Speaking about Finch Buildings, Casper Heijsteeg, Fund Manager of AKEF, says, “We are impressed by the innovative strength of the Finch Buildings team and are delighted that this investment will stimulate the application of modular wood construction in Amsterdam!”
Developing sustainable buildings made from solid timber
Founded in 2014 by Jurrian Knijtijzer, Finch Buildings uses Cross-Laminated Timber (CLT), a solid wood material, for crafting healthy, CO2-storing structures.
Derived from sustainably managed forests, CLT serves as a sustainable alternative to conventional construction materials, effectively mitigating the high CO2 emissions typically linked with traditional methods.
Leveraging a modular approach, the company claims to achieve resource-efficient and low-waste construction, thereby reducing the ecological footprint of new buildings.
Finch Buildings’ construction approach has already preserved over 25,000 tons of CO2, aligning sustainability with comfort and design.
Founder Knijtijzer says, “Thanks to the support of AKEF, we can realise our vision of making sustainable living accessible to everyone more quickly.”
“We look forward to increasing our impact in partnership with clients and continuing to lead in the transition to sustainable construction.”