Thibault Launay and Simi Launay faced challenges in the home-building process, leading to the creation of Litehaus to assist landowners and property developers.
Litehaus acts as a platform connecting various professionals involved in home construction, aiming for efficiency and affordability in the building process.
The company focuses on modular construction, promising cost savings, faster completion, and greater sustainability compared to traditional methods.
Litehaus recently secured a €1.46 million pre-seed funding round co-led by Cornerstone VC and Explorer Fund, with plans for expansion.
The European construction industry seeks more innovation and catching up with the advancements seen in America's construction technology sector.
Investors see the potential in Litehaus to address the housing shortage crisis in Europe by introducing transparency, sustainability, and trust to the construction process.
Thibault and Simi Launay's fundraising efforts have been intensive, leveraging their backgrounds in entrepreneurship, investing, and strategic consulting.
Simi focuses on marketing and design at Litehaus, while Thibault handles fundraising, business development, and technology.
The company plans to use the funding for scaling up operations, hiring talent, and further developing its platform to support more users.
Litehaus aims to address the delays and challenges faced in home construction projects, with Thibault and Simi's personal experience shaping the company's mission.