Oslo-based Telescope, a PropTech startup, has raised €3.7M in seed funding led by Scale Capital and Dreamcraft Ventures. The investment aligns with the company's mission to assist real estate owners in managing climate-related risks such as floods and wildfires. With a strong entry into the Norwegian market, Telescope is scaling into Denmark, Sweden, and the Netherlands. The founders emphasize transforming complex ESG data into understandable insights for property owners, facilitating better decision-making and compliance with regulatory demands in sustainability.
"What caught our attention was the team's deep understanding of real estate owners' pain points in identifying, assessing, and managing the sustainability risks facing their assets, such as floods, wildfires, protected species, and polluted land."
"In every conversation I have, real estate owners tell me the same thing - they're drowning in ESG reports, consultant slide decks, and EU acronyms, yet they're still asking: 'What does this actually mean for my buildings?'"
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