Deepki, a major ESG (Environmental, Social Governance) platform for real estate, announced in May that it had acquired Nooco, the French SaaS company created by VINCI Energies that measures and optimises the carbon footprint of building construction and renovation projects.

This strategic acquisition will allow Deepki, the leading ESG data intelligence platform for real estate companies transitioning to zero carbon, to strengthen its offer by addressing the entire building life cycle, including the initial stages.

Founded in 2014, Deepki's SaaS platform helps commercial real estate investors, owners and managers improve the ESG performance of their real estate assets, and in the process enhance their value. In March 2022, Deepki announced fundraising of €150 million, further consolidating its position as a global leader, and allowing it to make strategic acquisitions of both direct competitors and companies developing complementary solutions to Deepki’s own Deepki Ready, as is the case with Nooco.

Nooco is a French SaaS company, which specialises in measuring the carbon footprint of construction projects (new projects, rehabilitation, renovation, operations, maintenance, and end-of-life). Created with an intrapreneurial approach, Nooco benefitted from the support of Leonard, the VINCI foresight and innovation platform, during its three years of incubation. During this time, Nooco has become an established industry standard. Nooco's platform quickly and reliably calculates carbon emissions, which is essential in the context of the French RE2020 regulation, which aims to reduce the contribution of buildings to climate change.

This strategic acquisition enables Deepki, historically focussed on the use phase of existing buildings, to broaden the scope of its impact to include new buildings and to increase the breadth of its offer, covering the entire life cycle of the building (scopes 1, 2 and 3, and in particular ‘embodied carbon’). It will also accelerate the development of Nooco, which is committed to increasing the recognition of CO₂ as an industry KPI, taking into account all potential sources of carbon emissions.

Vincent Bryant and Emmanuel Blanchet, Co-Founders of Deepki, commented: "Nooco is a highly advanced technology company that has become a true benchmark in the construction and renovation industry. Its offer is complementary to ours, and will enable us to expand our expertise to include the measurement of scope 3 emissions within the real estate industry - which is responsible for 36% of energy consumption and 37% of greenhouse gas emissions worldwide."

Photo:  Vincent Bryant (left) and Emmanuel Blanchet, Co-Founders of Deepki.