BACKING FOUNDERS CREATING A DIGITAL & SUSTAINABLE BUILT WORLD
We are an early-stage venture capital firm based in London backing founders who are creating a digital & sustainable built world. We have made over 80 investments since 2015, across 15 countries, over 3 funds and have delivered 13 exits. Our portfolio of globally scalable solutions are transforming the built world by creating a digital & sustainable future, fit for generations to come.
FAISAL BUTT
Managing Partner & Founder
We’re backing European founders going global.
Driven by an awareness that the Real Estate Industry is analogue and antiquated, with a huge sustainability problem, Pi Labs was founded in 2014 by Faisal Butt, Founder & Managing Partner. We believe that, led by technology, the next 10 years of Real Estate can look very different to the previous 10 years.
Since inception, we have made over 80 investments, across 15 countries, and have delivered 14 exits.
In 2022, we closed our third fund to dedicate $90 million* to back and support the next generation of innovators in the built world, investing from pre-seed to Series A as well as follow-on investment.
At every step of the journey through scale and adoption, we’re committed as long-term partners. Bringing deep sector knowledge and clear investment conviction, combined with a powerful global community of change-makers, we are striving for change on a grand scale.
OUR VALUES
ENTREPRENEURSHIP
>CURIOSITY
POSITIVITY
TEAMWORK
INTEGRITY
IMPACT
ENTREPRENEURIAL
We are pioneers, seeking to improve the world around us. We’re as ambitious as our founders and believe in the importance of embracing failure, learning from mistakes, and iterating quickly.
CURIOSITY
We’re constantly questioning, learning, improving, and pushing the boundaries. We encourage creativity and bold ideas.
POSITIVITY
We approach each situation with positivity and empathy and have the resilience to see us through the tougher moments.
TEAMWORK
We are supportive and generous with our time, whether it's giving feedback to a founder or brightening up a colleague’s day. Working in VC can be hard, but enjoyable when working with great people.
INTEGRITY
We make strategic and fair decisions that will truly benefit society, both now and in the future.
IMPACT
We are ambitious for a better built world and are proud to empower exceptional founders solving some of the most crucial social issues of our time.
*As at March 2022.
HausBots
LandTech
Dent Reality
The issues we care about as a team and where we believe our community and our investments will have an impact.
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The human impact on the environment is evidenced by the legacy of inefficient and carbon intensive built environments – our homes, offices, towns and cities.
The construction, management and operation of real estate and urban hubs places a heavy burden on the planet which must be reversed urgently for future generations to survive. Course-correcting on a global scale requires innovation to help us minimise waste and embodied carbon in build, and improve operational carbon impact and energy efficiency in use.
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We are in the midst of a socio-economic crisis as the steadily rising cost of living and inflationary landscape combine with a rollercoaster of energy prices and housing shortages, to make this one of the most competitive environments for achieving financial security.
Innovation can level the playing field, by democratising complex financial processes for a more accessible economy, while built world technologies support more efficient supply of homes and affordable, fit-for-the-future spaces for all.
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Our urban hubs, towns and cities are no longer fit for purpose. The journey to recovery will be long and bumpy as we collectively respond to the combined impacts of Covid-19, a retail sector irreversibly altered by online competition, a workforce reluctant to return to offices, aging homes and infrastructure, and inefficiently designed urban hubs.
Communities and businesses need vibrant, safe, accessible, liveable and sustainable towns and cities to thrive.
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In recent years we have witnessed the start of a global wellbeing revolution, forcing society to dramatically rethink how we live our lives.
The health and wellbeing of our children, our neighbours, our communities and workforce have all risen sharply to become one of the most pressing issues of our time and the built environment has a role to play in creating healthier cities and healthier spaces for all.
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Against a turbulent and unpredictable economic landscape, businesses today are grappling with challenges and change on an enormous scale.
Whether in recovery, or growth, businesses increasingly look to technology to help them navigate fast-evolving working practices and workplace trends, a widening skills gaps, a competitive war for talent, a highly legislative and regulated business environment, and planning for ever-present threats on business continuity.
OUR COMMITMENTS
Across all aspects of our business, we are persistent in our commitment to diversity, equity and inclusion (DEI) and insistent on continuously learning and improving.
As far as DEI within the global venture capital landscape, we recognise there is still some ways to go. In our own team, and amongst our stakeholders in the Pi Labs ecosystem, we’re putting in the work to create and nurture a culture where everyone is welcome, regardless of background, ethnicity or gender.
THE STEPS IN OUR JOURNEY
MEASURE
We measure by tracking our deal flow data to evaluate trends across multiple demographics.
PLAN
We plan by working together on our diversity and inclusion strategy.
PROMOTE
We promote by implementing policies to ensure female career progression is never overlooked.
REVIEW
We review by rethinking our hiring process to remove any traces of inherent bias.
SUPPORT
We support by getting involved in programmes to encourage access to the sector.
OUR VALUES
ENTREPRENEURIAL
>CURIOSITY
POSITIVITY
TEAMWORK
INTEGRITY
IMPACT
ENTREPRENEURIAL
We are pioneers, seeking to revolutionise our industry. We’re as ambitious as our founders and don’t stop until we reach our goals.
CURIOSITY
We’re constantly questioning, learning, improving, and pushing the boundaries.
POSITIVITY
We approach each situation with positivity and empathy and have the resilience to see us through the trickier moments.
TEAMWORK
Collaborating with and supporting each other and our founders as well as our wider network and community beyond.
INTEGRITY
We can be trusted to make strategic and inclusive decisions that will truly benefit society, both now and in the future.
IMPACT
The value we bring isn’t just financial. Our support, knowledge and expertise ensure the founders we back have genuine long term positive impact.
Pi Labs Growth Programme 2024 (Cohort 12)