FINCH BUILDINGS GOES FOR ACCELERATED GROWTH WITH AMAVI CAPITAL

Amsterdam [March 17th] ‚Äď With the registration of the shares, it is officially confirmed: the Belgian ¬†AMAVI Capital¬†and the Dutch company¬†Finch Buildings¬†are starting a close cooperation. With this deal AMAVI offers the Dutch company¬†Finch Buildings¬†the opportunity to switch from linear to exponential growth. ¬†

Circular Disruption in Construction 

The real estate sector can operate with more efficiency and in faster ways due to the smooth adoption of technology and innovation. AMAVI’s investment in Finch Buildings fits perfectly in the Belgian company’s strategy. Finch Buildings is a disruptor in the conservative construction sector. The new platform of the innovative company gives substance to a new reality: to build circular, off-site and CO2-positive.  AMAVIFinch Buildings is a disruptor in the conservative building sector. With the 'Finch Platform', the company gives substance to a new reality: circular, off-site and CO2-positive building. 

In Europe, the construction sector is responsible for 36% of the CO2 ’s emissions. Half of the raw materials that arrive at the construction site are thrown away and an average of one-third of the tasks must be carried out again. Finch’s modular buildings are manufactured in a controlled factory environment, ensuring delivery on time, on budget and error-free. Finch Buildings has developed a platform: a library of standard components by which buildings can be 'composed'. This eliminates the need to reinvent the wheel with each new construction project. Finch Buildings are produced in a controlled factory environment, ensuring that everything is delivered on time, within budget and without errors. Finch Buildings has developed a platform for this purpose; a library of standard components with which buildings can be "composed". This way, it is not necessary to reinvent the wheel for every new building project. 

At the same time, Finch's system gives a lot of architectural freedom, but always starts from a number of standardized components. Finch’s modules are made of solid wood (CLT or "Cross Laminated Timber"). This material is entirely renewable and circular and creates a healthy living environment for its users. In the Netherlands, the modules are assembled by De Groot Vroomshoop, member of Volker Wessels. The projects that are built with the Finch modules are multi-storey buildings such as apartment buildings, office buildings or hotels. At this moment, the system has allowed to develop buildings up to sixteen storeys high. In the Netherlands Finch Buildings has realized about 1,000 modules including those scheduled for 2021. De Groot Vroomshoop, part of Volker Wessels. The projects built with the Finch modules are multi-storey buildings, such as apartment complexes, office buildings or hotels. Currently, the system allows for the development of buildings up to sixteen floors high. In the Netherlands, Finch Buildings has realized about 1,000 modules, including those scheduled for 2021.

Pioneer

The Amsterdam-based Finch Buildings has been ahead of the market with its modular and circular platform established in 2014. Together with AMAVI, the scale-up organization is now accelerating the development of its platform and is therefore in the lead as a company building with wood. The innovations and technology developed by Finch Buildings are available to architects and developers and can therefore be adopted by the market more quickly. In this way, Finch Buildings is contributing to the shift towards sustainable building as commonplace. A goal that is inherent in Finch Buildings' DNA. Finch Buildings has been ahead of the market with this modular and circular platform since 2014. Angel investments from Rockstart   DOEN Foundation in a previous investment round have Finch Buildings as a startup. Together with AMAVI the scale-up is now accelerating the development of its platform and thereby increasing its lead as a timber builder. The innovations and technology developed by Finch are available to architects and developers via the Finch Buildings system platform and can therefore be adopted by the market more quickly. In doing so, it contributes to the shift towards sustainable building as a common practice. A goal that is embedded in the DNA of Finch Buildings.

Growth capital for Finch Buildings

Amavi's investment  AMAVI offers Finch Buildings  Finch Buildings not only the possibility to accelerated investments in the Finch Platform, but also to build a network to be able to operate outside of the Netherlands. Serving the Belgian market - in which circular building is now high on the agenda - is a first step towards internationalization.  

Jurrian Knijtijzer, founder of Finch Buildings, is excited about this next step: ‚ÄúAMAVI Capital offers Finch Buildings more than an investment. It is a partner that actively participates and shares its network. We look forward to working with them to increase our impact. The time of pioneering is behind us, now we are going to scale up.‚Ä̬†Finch Buildings, welcomes this next step:¬†AMAVI Capital offers Finch Buildings more than just an investment. It is a partner that actively uses its network to support the companies it invests in. We look forward to working with them to expand our impact. The time of pioneering is behind us, now we are going to scale up.

Frederic Van den Weghe, managing partner of AMAVI, adds: 'There is more concrete mass than biomass in this world and Finch Buildings wants to change this: the concept of Finch's system with solid wood is highly scalable and provides answers to the growing need for high-quality and sustainable housing, offices, schools and care properties, and thanks to its modular nature, it can be used both temporarily and permanently.  AMAVI  

Internationalisation

Finch Buildings Finch Buildings is first looking at projects in Belgium, but also wants to conquer other promising markets such as France, Germany and the United Kingdom. Per region Finch Buildings will source contractors and partners to manufacture the modules. 

If you would like to know what Finch Buildings can do for your next project, please visit www.finchbuildings.com or send a message to  Finch Buildings for your next project, go to   or send a message to info@finchbuildings.com.

Finch Buildings Project in Leiden
Kees Hummel

About  Finch Buildings

Finch Buildings works on a future in which buildings are a solution to the climate problem. Buildings that are modular and can be adapted to the environment and circumstances. 

With Finch Buildings sustainable living must become available to everyone. Only then will we be able to make the greatest possible impact. Reducing the amount of CO2 in our atmosphere, thus contributing to restoring the balance on our planet. 

About  AMAVI Capital

AMAVI is an independent pan-European investor created to support the growth of the leading and most promising companies active in the PropTech sector with a geographical focus on the Benelux, Nordic countries, Germany, Switzerland and France. 

AMAVI aims to bridge the gap between the traditional real estate sector and Europe's leading PropTech companies by leveraging its combined expertise and network from the real estate, technology and investment worlds. AMAVI works with the players shaping the real estate world of tomorrow, creating companies that are radically changing the places where we live, work and relax today.