Telescope, an Oslo, Norway-based SaaS platform for managing sustainability risks in real estate, has raised €3.7 million in seed funding.
Investors
The round was led by Scale Capital and Dreamcraft Ventures, with additional participation from Curiosity VC and OBOS Oppstart.
Scale Capital is a venture capital firm founded in 2012 that invests in seed to Series A stage companies. Based in Copenhagen, Denmark, the firm invests in B2B technology startups, particularly in the enterprise software and deep tech sectors, across the Nordic region and Germany.
Dreamcraft Ventures is a Copenhagen-based venture capital firm founded in 2019, investing in early-stage, tech-driven startups across Europe, particularly in sectors like digital entertainment, B2B SaaS, and FinTech.
Telescope Use of Funds
The company plans to scale operations across Europe, launching in Denmark, Sweden, and the Netherlands, and expand its platform to serve real estate financiers and investors.
About Telescope
Founded in 2022 by Gustav Haaland, Marit Bjerkreim, and Mathias Wahl, Telescope is a proptech company that developed a SaaS platform to help real estate firms manage sustainability risks. Its platform translates climate risk data into strategic, portfolio-level insights, enabling property owners to quantify and manage risks like biodiversity loss, physical climate threats, and regulatory transition risks. It offers insights into physical, transition, and biodiversity risks, including flooding, fire, and ecosystem impacts. Based in Oslo, Norway, Telescope’s mission is to equip organizations with the insights they need to adapt, innovate, and lead in a world shaped by environmental change
Funding Details
Company: Telescope AS
Raised: €3.7M
Round: Seed
Funding Date: March 2025
Lead Investor: Scale Capital, Dreamcraft Ventures
Additional Investors: Curiosity VC, OBOS Oppstart
Company Website: https://www.telescope.eco/
Software Category: Sustainability Management
Source: https://tech.eu/2025/03/05/proptech-startup-telescope-3-7m-seed-to-turn-climate-risk-compliance-into-strategy-advantage-for-real-estate-owners/