Gropyus Funding, Investors & Competitors

Gropyus has raised $364M across 4 funding rounds, most recently a $115M Series C in March 2026.

Last Gropyus funding round

$115M

Series C · Mar 2026

Cumulative funding Gropyus raised

$364M

across 4 funding rounds

Key investors in Gropyus

  • FAM AB
  • Semapa Next
  • Vonovia
  • Manta Ray Ventures
  • Practical Venture Capital
  • Saxovent
  • Semapa
  • Warema group

Gropyus Overview

About Gropyus

Gropyus is a Berlin-based proptech company producing modular residential buildings using digital design and prefabrication methods. Their projects, such as the 272-unit Block 71 in Vienna launched in 2022, emphasize resource efficiency with 90 percent offsite construction and recycled materials. Operating in Germany and Austria, Gropyus delivers affordable housing like the 140-unit project in Landsberg am Lech, reducing build times to six months while minimizing waste through Building Information Modeling.


Founded

2019

HQ

AustriaVienna

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Gropyus Funding History

Gropyus has raised a total of $364M across 4 funding rounds.

Gropyus' first fundraising round was a $32M Series A in May 2022. The most recent completed round was a $115M Series C in March 2026.

Gropyus funding rounds

Gropyus funding rounds
DateStageInvestorsRaisedDeal Summary
Mar 2026Series CVonovia; FAM AB; Semapa Next$115MGropyus completed a EUR 100 million Series C financing in March 2026 with additional capital from existing shareholders Semapa Next, Vonovia and FAM AB. Semapa Next invested a further EUR 35 million and became the company's second-largest investor after Vonovia. The round brought Gropyus's total equity funding to roughly EUR 400 million and was intended to scale its technology-led construction model. Gropyus designs and produces multi-storey timber buildings through an integrated system covering digital planning, component manufacturing, construction and building operations. Its highly automated factory in Richen, Germany, makes wall and ceiling elements that are delivered to project sites for assembly. The company serves housing companies, property developers, institutional investors and local authorities seeking faster and more repeatable delivery of affordable, lower-carbon buildings. At the time of the financing, Gropyus had seven projects under development or construction in Germany and Austria, including work beyond residential buildings. The new capital supports expanded automated planning, further technical development and higher production capacity as the factory moves toward multi-shift operation. Semapa Next's follow-on materially increased its ownership and reinforced its role in Gropyus's next stage of industrial scale-up.
Oct 2024Undisclosed stagePractical Venture Capital (lead); Semapa (lead)$109MGROPYUS is a Vienna-based proptech startup founded in 2019, specializing in technology-driven, fully vertically integrated construction of affordable and sustainable timber-hybrid buildings using digital automation and robotics. The company secured a €100 million equity financing round in October 2024 from new investors Semapa, a Portuguese investment holding company via Semapa Next, and Practical Venture Capital, a US VC firm, alongside existing investors including Vonovia and others. This C-round or third successive €100M round brings total equity raised to over €300 million (some sources cite €400M including prior rounds), plus a €40M venture debt from the European Investment Bank in March 2024. Funds will expand GROPYUS's smart factory in Richen, Germany (Baden-Württemberg), into a fully digital, robotic operation producing wall and ceiling elements in 16 minutes at 86% automation, targeting 250,000 m² annually by end-2024 for over 3,500 apartments. The company aims to industrialize construction to address housing shortages and climate challenges, with current projects like a 27-unit building in Berlin and a 99-unit complex in Immendingen, employing around 400 staff across Vienna, Berlin, Steinhaus, and Richen. Investors highlight GROPYUS's innovative model pooling expertise in construction, tech, real estate, and startups to transform the industry. CEO Markus Fuhrmann, ex-Delivery Hero co-founder, plans scaling in Germany and rebuilding Ukraine faster using robots.
Jan 2023Series BVonovia (lead); Manta Ray Ventures; FAM AB$109MGropyus is an Austria-based proptech startup founded in 2019, specializing in sustainable, prefabricated smart residential construction using timber modules and digital building operating systems to create resource-efficient, affordable homes. The company operates six locations across Germany, Austria, and Liechtenstein with around 300 employees. In January 2023, Gropyus raised €100 million (approximately $109 million or $100 million) in a Series B funding round led by Vonovia, Europe's largest residential real estate company, with participation from existing investor FAM AB and others including Manta Ray Ventures. This brought total funding to over €200 million. The funds are earmarked for expanding production and manufacturing capacities at its facility in Richen, southwest Germany (noted variably as Austria in some reports), advancing product development, and supporting long-term growth amid Europe's housing shortage and climate challenges. Vonovia board member Daniel Riedl, overseeing development projects, joined Gropyus's supervisory board. Gropyus targets significant residential capacity, with Bloomberg noting ambitions for 250,000 square meters using automated processes to minimize waste and emissions. Gropyus positions itself as a digital transformer of the construction industry, offering trendy, connected living environments optimized via software. CEO Markus Fuhrmann highlighted investor trust in their mission.
May 2022Series ASerhiy Tokarev; Warema group; Saxovent; Semapa Next$32M-

Who has invested in Gropyus?

9 investors have backed Gropyus across its funding rounds, including FAM AB, Semapa Next, Vonovia, Manta Ray Ventures, Practical Venture Capital and Saxovent.

Lead investors include Practical Venture Capital, Semapa and Vonovia.


Gropyus Investors

Investors in Gropyus by funding rounds participated
InvestorHQRoundsRoleFirst check
VonoviaGermanyBochum2LeadJan 2023
FAM ABSwedenStockholm2ParticipantJan 2023
Semapa NextPortugalLisbon2ParticipantMay 2022
Practical Venture CapitalUnited StatesSan Francisco, CA1LeadOct 2024
Manta Ray VenturesUnited KingdomLondon1ParticipantJan 2023
Serhiy TokarevUkraineUkraine1ParticipantMay 2022
Warema groupGermanyNuremberg1ParticipantMay 2022

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Gropyus Competitors

Gropyus competitors include listed companies like Prologis and Vingroup, and private ones like citizenM, Habi, Orchard and Delos.

Public and private companies comparable to Gropyus
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
citizenMNetherlandsAmsterdamPrivate--$2.2B-
HabiColombiaBogotaPrivate--$1B-
OrchardUnited StatesNew York City, NYPrivate--$1B-
DelosUnited StatesNew York City, NYPrivate--$800M-
PrologisUnited StatesUnited StatesPublicly listed$8.8B$7.4B$121B18.4x
VingroupVietnamVietnamPublicly listed$13B$3.1B$69B4.8x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Prologis$8.8B$7.4B18.2x18.4x21.7x22.4x
Vingroup$13B$3.1B6.3x4.8x26.0x54.6x
Sun Hung Kai Properties$12B$4.3B4.4x4.5x12.4x13.3x
D.R. Horton$34B$4.7B1.3x1.4x9.7x11.2x
Goodman Group$1.8B-23.2x17.5x-20.5x
Samsung C&T$30B$3.9B1.2x1.1x9.3x9.9x
Emaar Properties$13B$6.9B2.6x2.5x5.0x5.1x
Mitsubishi Estate$11B$3.2B4.2x3.8x14.1x15.4x

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Common questions about Gropyus

When was Gropyus founded?Gropyus was founded in 2019.
Where is Gropyus headquartered?Gropyus is headquartered in Vienna, Austria.
Is Gropyus publicly listed?No, Gropyus is a private, VC-backed company.
How much funding has Gropyus raised?Gropyus has raised $364M across 4 funding rounds.
What was Gropyus' last funding round?Gropyus' last funding round was a $115M Series C in March 2026.
Who are Gropyus' investors?Gropyus' investors include Vonovia, FAM AB, Semapa Next, Practical Venture Capital, Manta Ray Ventures, Serhiy Tokarev, Warema group, Semapa and Saxovent.
Which companies are comparable to Gropyus?Companies comparable to Gropyus include citizenM, Habi, Orchard, Delos, Prologis and Vingroup.

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