In Europe, Finland has been actively working to reduce carbon emissions and promote sustainability. The startup landscape in the country is dynamic, with companies dedicated to sustainability and carbon emission reduction, ranging from transforming forest waste into sustainable alternatives to substituting plastic with eco-friendly packaging.
Now, One Click LCA, a Finnish decarbonisation platform for the construction and manufacturing industries, has raised €40 million in investment from US-based PSG Equity (PSG) and a French private equity firm InfraVia Capital Partners, which also backed DataDome, Packhelp, and Foodles.
The investment will boost R&D, accelerate the delivery of enterprise solutions, fund global expansion, and enable M&A. Eventually, it will position One Click LCA as the definitive end-to-end sustainability software platform for construction and manufacturing.
Decarbonisation software platform for construction
One Click LCA was founded by Panu Pasanen in 2001 to drive the transition to a zero-carbon future by providing robust global life-cycle assessment (LCA), environmental product declaration (EPD), and sustainability solutions.
As per the company, it is an easy and automated LCA software that helps calculate and reduce the environmental impacts of buildings and& infra projects. Also, the company complies with EN/ISO standards and 40+ certifications. Besides this, it is claimed to make carbon assessment & LCA easy and affordable.
The company plays a crucial role in linking the entire construction value chain, connecting property portfolio owners to manufacturers. One Click LCA measures, reports, and reduces carbon emissions, while also calculating other key sustainability metrics for projects and products in the built environment.
The platform facilitates analysis of whole-life carbon, LCA, and sustainability assessment for buildings, infrastructure, and manufacturing, including early-stage analysis, design optioneering, benchmarking, and decarbonisation tools. It enables manufacturers to generate and publish EPDs digitally for manufactured goods and construction products.
The decarbonisation platform is used blue-chip enterprises such as Skanska, AECOM, WSP, Foster+Partners, LafargeHolcim, and Saint Gobain.
“Climate change is one of the biggest threats facing society. With the global building stock set to double in the next forty years, generating 230 gigatons of embodied carbon, we must critically scale-up action to decarbonise construction and manufacturing,” said Panu Pasanen, Founder and CEO of One Click LCA. “We believe our partnership with PSG and InfraVia marks a new growth phase as we accelerate toward supporting one million users with LCA, EPD, and other sustainability software.”
“We are delighted to partner with Panu and the One Click LCA team to support their ambitions to drive international growth and develop new products to decarbonise the industry,” said Dany Rammal, Managing Director, Head of Europe at PSG. “Our operational expertise and track record of growing international software champions, means that we are well placed to help reinforce and strengthen One Click LCA’s position as a leading force in the decarbonisation of global construction.”
Alban Wyniecki, Partner, InfraVia added: “As the world commits to carbon neutrality, the opportunity for One Click LCA is massive. InfraVia has been a significant infrastructure and construction industry stakeholder through its flagship investment strategy in infrastructure over the past 15 years. Consequently, we are very excited to support Panu and One Click LCA in bringing sustainability to our ecosystem and more generally the broader construction manufacturing industry.”
