Loudspring has extended a capital loan of up to 700 000 EUR to its portfolio company Nuuka Solutions. The loan will be disbursed in tranches and enables Nuuka to execute its growth plan, including new recruitments and entering into new markets, as well as further developing the product offering.
Lassi Noponen, CEO, Loudspring: “We are thrilled to continue supporting Nuuka on its growth journey. Real estate is the world’s largest asset class and big data in buildings is one of the most underutilized assets in the real estate market. By analyzing data and managing buildings intelligently, real estate owners are able to achieve better return on investment while improving health and comfort for people. Big real estate has awakened to the opportunities of smart buildings and Nuuka is well positioned to capitalize on this trend, as it connects all existing and future smart building technologies into its unified platform.”
Mikko Maja, CEO, Nuuka Solutions: “We are excited about the continued strong support from our largest shareholder - Loudspring. This investment allows Nuuka to further scale its rapidly growing international operations, build its team and invest in product and technology. The global real estate industry still largely relies on outdated and manual single solution portfolio and building management systems and processes, leading to large inefficiencies and lack of transparency to owners, operators and tenants alike. Nuuka’s market leading, real-time data platform for large real estate portfolios and smart commercial and public buildings solves this massive problem by enabling efficient portfolio management, superior operational efficiency and improved user well-being. The Nuuka team is excited to capture this enormous global market opportunity.”
About Nuuka Solutions
Nuuka is a leading building big data analytics solution provider, with offices in Finland, Sweden and the Netherlands. Their Smart Building Platform makes buildings a better place to work and live. Nuuka gives buildings the tools to become more sustainable and productive. Nuuka’s SaaS based platform consolidates existing building big data into one single user interface and helps building owners and users report, analyze, and understand the core reasons behind energy efficiency, good indoor air and sustainability. Nuuka empowers the users and brings building big data into the hands of building users and owners, enabling better building management and increased property values.
Loudspring in brief
Loudspring is an industrial group focused on saving natural resources. We own and operate Nordic growth businesses that are making a big environmental impact. We have a diversified business portfolio with technologies that save energy, water and materials in industry, real estate and in everyday life.
The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.
Joshua Burguete-Kirkman, Communications Director of Loudspring Plc. Tel. +46 70968 5584, firstname.lastname@example.org
Erik Penser Bank AB, Certified Adviser. Tel. +46 8 463 83 00, email@example.com
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