AXIS is investing up to €12 million in the Spanish company 011H Sustainable Construction to promote industrialised residential construction in Spain
17 septiembre 2026
- The investment will be made through Fond-ICO Crecimiento, one of the four funds managed by ICO’s venture capital company.
AXIS, the venture capital management firm of the Instituto de Crédito Oficial (ICO), is set to invest up to €12 million in 011H Sustainable Construction, S.L. (011h), a Spanish technology company specialising in advanced and sustainable industrialised construction for residential use.
The operation will be carried out through FOND-ICO Crecimiento, with AXIS acting as the lead public investor, in a joint investment with specialised private funds.
011h was founded in 2020 and is based in Barcelona, specialising in the design and construction of residential buildings using a digital and industrialised model that combines proprietary technology with the actual implementation of projects.
The company has developed the 011h Platform, a comprehensive technological solution that coordinates – right from the initial stages – design, construction planning, the supply chain and financial management for projects. To this end, it incorporates the Building Information Modelling (BIM) methodology throughout the entire construction process.
This platform improves efficiency, sustainability and predictability in terms of costs and timelines compared with the traditional construction model.
AXIS’s investment will enable 011h to drive forward the development of its technology platform, scale up its operating model and make progress with its growth plan, both in terms of project volume and its future evolution towards a platform model open to third parties.
In addition, 011h has recently closed another round of funding totalling approximately €20 million, with participation from leading institutional investors such as CDTI, Ship2B Ventures, Breega, Seaya and RedAlpine, as well as private investors and the founders themselves.
The company 011h has established itself as one of the most significant emerging players in the field of industrialised residential construction in Spain, with the potential to expand into other European markets in the future.
For Guillermo Jiménez, Chief Executive of AXIS, this investment reinforces the commitment of AXIS and the ICO Group to innovative business projects with a significant economic and social impact, which contribute to the transformation of strategic sectors of the Spanish economy. ‘Industrialised construction is currently a key driver for expanding the supply of housing in our country.’
For his part, Lucas Carné, co-founder of 011h, points out that ‘solving the housing crisis requires housing that is available, affordable and sustainable all at once, without having to compromise on any of these aspects. This is 011h’s contribution, and it won’t work without scale. The fact that public funding is stepping in to support private investment in a matter of strategic importance for both the country and the sector is excellent news: Axis’s involvement helps us to accelerate and scale up that contribution.’
About Axis
Axis is a venture capital/private equity firm wholly owned by the Instituto de Crédito Oficial (ICO). Axis operates through public-private partnerships with the venture capital sector across all areas of activity. Through direct investments and venture capital funds, AXIS supports the growth of Spanish companies at various stages of development, with a particular focus on innovative, sustainable projects that have a positive economic and social impact.