Estonian CleanTech Bisly Secures €4.3 Million to Expand AI-Powered Building Automation Across Europe
Tallinn-based Bisly has closed a €4.3 million funding round aimed at accelerating its expansion in Central and Western Europe. The company plans to strengthen its presence in the DACH region and the UK, while launching a new office in Poland, a rapidly growing market for smart building infrastructure.
The investment round was led by 2C Ventures and included participation from existing backers such as Aconterra, Pinorena, Foxway founders, and SmartCap—Estonia’s state-backed venture capital fund. SmartCap’s Green Fund investment is supported by the European Union’s NextGenerationEU recovery plan.
Addressing the Building Sector’s Energy Challenge
Ants Vill, CEO and co-founder of Bisly, highlights the urgency: “2024 was again the hottest year on record. With ongoing geopolitical and economic challenges, practical, field-tested solutions are crucial. Buildings are the largest energy consumers; saving energy here not only benefits the environment but also frees up grid capacity for emerging demands like AI data centers and mass EV deployment.”
Bisly, founded in 2018, provides a smart building platform that simplifies and scales advanced automation. Their solution combines intuitive software with proprietary hardware to deliver fully integrated, plug-and-play building automation for residential, commercial, and hospitality sectors.
The cloud-based platform enables seamless automation and optimization of lighting, HVAC, access, and energy systems, driving smarter and more efficient buildings. To date, Bisly has raised a total of €13 million.
Why Building Automation Matters More Than Ever
Buildings consume around 40% of the European Union’s energy, yet about 75% of these buildings are energy inefficient. As regulatory and economic pressures rise, demand for building automation is growing. However, scalable and affordable solutions are scarce because legacy systems tend to be costly and unreliable.
While electrification of transport gets much attention, energy savings in buildings offer faster and more cost-effective emissions reductions. Bisly claims that every tonne of CO₂ saved by its technology costs up to six times less than reductions achieved through transport electrification.
AI-Driven Automation That Cuts Costs and Improves Efficiency
Bisly’s AI-powered automation platform aims to make smart building technology more accessible and affordable. Their cloud-based system reduces overhead in sales, installation, and setup, cutting costs by up to 50% compared to traditional systems.
The combined hardware and software solution manages energy use and indoor environments across both new and existing buildings. A patented digital twin technology maps each building, using real-time data to continuously optimize performance. The platform also integrates with third-party devices.
Current Deployments and Market Reach
Bisly’s platform is actively deployed in residential and commercial properties. Key features include centralized configuration, digital twin diagnostics, AI-powered building management systems (BMS), and reporting tools for developers and property managers.
This approach has attracted partners such as Endover, Liven, Crown Estate, Bonava, Pro Kapital, Reterra, Hansab, Onninen, and One-Gruppe across Europe.
Martin Koppel, partner at 2C Ventures, notes, “Buildings contribute nearly 40% of global CO₂ emissions, yet the sector is underserved by digital innovation. Scalable smart energy management is critical to cutting this footprint, and Bisly’s platform brings needed intelligence and efficiency to the built environment.”
Growth and Future Plans
The new capital will fuel go-to-market efforts in Germany, the UK, and Poland. Bisly currently operates offices in Tallinn, London, and Berlin, and is expanding its engineering team to develop a wireless product line for retrofitting existing buildings.
The company is actively hiring for technical and sales roles in these markets and has appointed a Polish-speaking Head of Demand Generation to support the launch of a Warsaw office. Bisly reported tripling its core business revenue last year and expects similar growth in 2025.
Vill adds, “We thank customers like Endover, Nobe, Liven, Bonava, Nordecon, Onninen, and Oma Ehitaja. Their feedback on reliability and affordability helped create a product that’s driving mass adoption of smart building automation across Europe.”
Why This Matters for Real Estate and Construction Professionals
- Energy efficiency regulations are tightening—adopting scalable automation solutions can ensure compliance and reduce operational costs.
- AI-powered systems like Bisly’s enable real-time optimization, enhancing tenant comfort and property value.
- Retrofitting existing buildings with wireless automation lowers upfront costs and speeds up deployment.
- Partnering with technology providers that focus on affordability and ease of installation improves ROI on upgrades.
For professionals in real estate and construction, staying informed on tools that integrate AI and automation into building management will be essential for future-proofing assets and meeting sustainability targets.
To explore more about AI-driven automation and smart building technology, consider reviewing relevant courses and resources on Complete AI Training.
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