Green Growth Fund
14, Boulevard Royal, Luxembourg, L-2449
Overview
The Green for Growth Fund is the first specialized fund to advance energy efficiency (EE) and renewable energy (RE) in Southeast Europe, including Turkey, as well as in the nearby European Eastern Neighbourhood region and in the Middle East and North Africa (MENA). Initiated by the European Investment Bank and KfW Development Bank, GGF is an innovative public-private partnership established to reduce energy consumption and CO2 emissions. GGF provides refinancing to Financial Institutions to enhance their participation in the EE and RE sectors and also makes direct investments in Non-Financial Institutions with projects in these areas. The activities of GGF are supported by a Technical Assistance Facility.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- Renewable Energy
Investment portfolio
- Wallround
Participated · Seed · Aug 2025
Wallround is a Berlin-based renovation software startup offering a SaaS platform that manages every stage of renovation projects, from initial analysis and planning to purchasing, construction management, execution and final acceptance. The company was founded in 2024 and is led by Lukas Steinhilber, Tatiana Wotzasek and Henning von Oesen. Wallround raised a €4.2M seed funding round and intends to use the proceeds to expand operations, broaden its business reach and accelerate product development. Its core product bundles analytics, planning and procurement tools with construction execution and handover workflows to cover end-to-end renovation processes. The company aims to scale its offering across more projects and customers as it deploys the new capital. WALLROUND is developing a platform that assists private landlords in Germany to manage and execute property renovation, covering analysis, preparation and execution. The company focuses on enabling energy-efficient renovations and modernising inefficient residential properties across Europe. It targets multi-family homes in Germany as its entry market and aims to address the overdue €390 billion EU residential building renovation market. WALLROUND was founded recently and — according to the CEO — earned investor trust nine months after founding and four months after launch. The product addresses outdated, non-digital renovation processes and a shortage of reliable resources and guidance for energy-efficient refurbishments. Partnership with strategic industry players is central to its growth ambitions. Wallround delivers vertically integrated energetic renovations for multi-family houses and office buildings, combining planning, project steering and physical implementation with end-to-end digital processes. The founders—Lukas Steinhilber, Tatiana Wotzasek and Henning von Oesen—built the team to cover software, operational and construction expertise. The company develops technologies to accelerate renovation workflows for landlords and property holders but emphasizes that revenue is generated only once physical renovations are completed. Wallround reports a sales pipeline of over €3 million with a portion already converted, and says it has acquired leads without spending any money on marketing. The startup aims to become market leader in its Berlin segment, prioritize high quality and speed, and prepare expansion into new regions.
Team
No current team members are available.