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011H, the Construction Company Owned by the Former Directors of Privalia, Develops its First Homes in Barcelona

The founders, Lucas Carné, José Manuel Villanueva and Juan Velayos, amongst others, have contributed 2 million euros between them and the seed round of 8 million euros has been led by international investors.

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The founding partners of the construction company 011H.

The company 011H will focus on the construction of what it calls smart buildings, “equipped with all the necessary technology to make life more comfortable for its inhabitants, owners and build to rent operators”.

It already has three projects underway, with construction scheduled for March 2021; the first project is located in Barcelona. Initially, the company’s activity will only be in Spain, although it plans to grow in Europe over the medium term.

Read the full article in Spanish.


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