STYX

🙌 Fast Forward: Enzo Our portfolio company Enzo is on track to become the trusted standard for water damage prevention in German property insurance. 🚀 Following our investment, the Heidelberg-based startup, which specializes in the early detection of water pipe damage, has announced multiple new partnerships, including the ALH Gruppe, RheinLand Versicherungsgruppe, and INTER Versicherungsgruppe. 🌟 By combining enzo’s one.drop sensor technology and data-driven monitoring with the strong market position of leading insurers, enzo enables early leak detection and helps homeowners protect what matters most. Together, countless houses will avoid renovation costs and reduce drinking water waste. Together, they are setting new standards in damage prevention and are actively shaping the future of building insurance. This collaboration underlines a shared commitment to innovation, efficiency, and sustainability in the PropTech sector. ♻️

🚀 Tallinn x Heidelberg: A Strong Signal for European Innovation Our neighbouring city Heidelberg has launched a two-year collaboration with the Estonian capital Tallinn, positioning the Rhein-Neckar region as one of Europe’s leading innovation hubs. A key element: “Test in Heidelberg”, which inspired by Tallinn’s proven #TestinTallinn model and supported by the #Tallinnovation platform. 💡 The programme empowers start-ups to test new technologies in real urban environments, while both cities share expertise, infrastructure, and networks to foster sustainable, citizen-focused development Heidelberg has set specific priorities for its testing environment: 🤖 Artificial Intelligence 🚘 Mobility 🔋 Energy Efficiency ☀️ Renewable Energy In doing so, the city plays a key role as a driving force in making the #RhineNeckar metropolitan region one of the most economically dynamic, innovative, and livable regions in Europe. 🪐And if the future really looks like the picture below, we might just be a few steps ahead already. Similar to this initiative, our #UrbanLivingLab approach also turns cities into testbeds for real-world solutions. Find out more on our website: Link in Comments!

🏆 PropTech of the Year: syte We at STYX love seeing bold visions turn into real impact and syte is a prime example. At this year’s Tag der Immobilienwirtschaft, the team around Lena Lüpping, Matthias Zühlke, and Daniel Gistschak was awarded PropTech of the Year 2025 by the ZIA German Property Federation. syte is an AI-powered platform that links building and land data and instantly uncovers infill development opportunities. The startup is sustainable, in line with local building regulations, and economically viable. It supports authorities, developers, planners, and investors in accelerating housing creation, streamlining approval processes, and reducing land consumption by making smarter decisions based on existing building stock and urban context. 📈 Huge congrats to the whole team for this milestone.🙌 📸 Photo credits: ZIA

🙌 Fast Forward: Catching up on Mateo’s journey We’ve been proud backers of Mateo from day one, watching them evolve from a property management platform into an AI-powered assistant for SMEs. Their solution acts as the AI assistant for customer loyalty, automating communication in a GDPR-compliant and industry-specific way across WhatsApp, email, and even traditional mail. Mateo helps mid-sized companies redefine customer engagement by leveraging WhatsApp, Facebook, and Instagram. The platform turns everyday communication into AI-driven omnichannel marketing, giving SMEs a real edge in connecting with their customers – and potential buyers. The recognition speaks for itself: #18 in this year’s Top 100 Software Tools in DACH by OMR Reviews. With more than 100 glowing reviews and top scores like 9.7 in customer support and 9.4 in meeting requirements, the market clearly agrees: Mateo delivers. 🔍 If you’re curious how AI assistants can transform customer relationships in industries like real estate, finance, or retail, we’re happy to connect you with the team. Big thanks to OMR Reviews for the market snapshot – and congrats to Mateo’s founders Christian Strauch, Domenik J. FOX 🦊, and Philipp Steinrötter for this well-deserved recognition! 🚀

🚀 Fast Forward: Telescope Big news from our portfolio company Telescope! They’ve just dropped their new YouTube series: The Hubble 🔭 Instead of endless webinars, 50-page reports, and buzzword bingo, this is something else: ✅ Unfiltered insights from the people tackling issues from climate and financial risks to the EU Taxonomy. In the first episode of The Hubble, Isak Oksvold of Møller Eiendom explains how the company drives its sustainability strategy and navigates EU taxonomy, CSRD, and Omnibus regulations, sharing industry reactions and key risks. The playlist is already packed with 7 episodes! So dive in, learn something new, and keep an eye out for what’s next. #PropTech #Sustainability #RealEstateInnovation The link to the official trailer is in the comments👇

🇪🇺AI in the Energy Sector: How Europe Is Leading the Shift AI is transforming industry after industry — and energy is next. The European Union is investing heavily to make energy infrastructure more efficient, resilient, and sustainable. ♻️ Through initiatives like the Common European Energy Data Space and AI-EFFECT, the European Commission aims to: ⚡ Provide high-quality, real-time energy data ⚡ Enable precise control of consumption & production ⚡ Improve renewable energy design & performance ⚡ Use AI for better management of grids and assets A major milestone: GE Vernova, the energy spinoff from GE General Electric, is acquiring Alteia, a French AI-vision startup helping utilities detect grid defects, vegetation risks, and maintenance needs. This will give utilities greater transparency, control, and predictive capabilities to manage increasingly complex energy networks. 🙌 Just as AI is revolutionizing energy, it’s transforming real estate. At STYX, we see AI as one of the most powerful trends shaping real estate. It is enabling the industry to tackle regulatory challenges and plan, adapt, and act with greater agility and resilience in dynamic market environments. David Zwilling Florian Fischer Erik Walkling Josep R. Novell LL.M. Friedrich D. Leys Aynal Lina Blumenstock

🏢The PropTech Germany Study 2025: What It Takes to Build a Successful PropTech Startup The PropTech Germany Study 2025 by TH Aschaffenburg University of Applied Sciences and blackprint shows: while the challenges for #startups in #realestate have grown, the path to success has become more fragmented and harder to define. What does it take to build a winning #PropTech startup today? 🧭 A clear positioning with a compelling mission 📈 A scalable business model that signals long-term potential 🚀 Strong founder personalities with drive and clarity 🎯 Targeted visibility and sharp brand identity 📊 Reliable KPIs, exit strategies & experience — still relevant, but losing weight Ultimately, success in PropTech depends on more than just product and funding. It takes an understanding of how the industry works and how to navigate it. And one insight stands out: 👉 40% of PropTech founders say that a strong industry #network is decisive for growth. At STYX, we see this confirmed in every pitch and every partnership. That’s why we invest more than capital, we invest our network. We bring PropTech founders into the right rooms, at the right time, with the right story. David Zwilling Florian Fischer Erik Walkling Friedrich D. Leys Aynal Lina Blumenstock

🏙️  The PropTech Germany Study 2025: A Clearer View of the Challenges Ahead Since 2020, the #PropTech Germany study series has offered insights into key factors of the construction and real estate sector. For the sixth year in a row, TH Aschaffenburg University of Applied Sciences and blackprint present the study about the PropTech market in #Germany. The findings show that across all phases, from market entry and sales to implementation, the hurdles within construction and real estate companies have intensified compared to 2021. 📌 Slow decision-making structures due to lack of pressure to digitize 📌 Low risk appetite 📌 Accessing the right decision-makers 📌 No clear project ownership, leading to unclear responsibilities 📌 Insufficient budgets often stall progress 📌 A lack of prioritization during implementation 📌 No C-level sponsorship to drive decisions We at STYX believe that overcoming these barriers requires more than just capital. It takes deep sector expertise, close partnerships, and the courage to challenge the status quo. That’s why we back PropTech founders who are ready to rethink #urbanspace and build a more resilient #future. David Zwilling Florian Fischer Erik Walkling Leys Aynal Friedrich D. Lina Blumenstock

🚀 Internship Opportunity – VREY 🚀 Looking to break into the startup world and work hands-on on one of the biggest challenges of our time – the energy transition? VREY, one of our portfolio companies, is building the Energy OS for multifamily homes – and they're now hiring motivated interns (m/f/d) to join the mission. You’ll work side-by-side with the two founders (ex-Roland Berger & LBS) on core business topics and help shape the future of decentralized energy from day one. 🎯 Perfect for those interested in startups, strategy, and business development! 📍 Based in Berlin (office), flexible start 🗓 Available positions: Founder’s Associate Intern – Pre-Seed Startup Entrepreneur in Residence – Strategic Initiatives Business Development Intern – CEO Office Read more here: https://lnkd.in/eQKJhifb 📩 Interested or know someone who might be? Reach out: Erik Walkling – erik@styx.city | +49 151 44948051 Julius Pahmeier – julius.pahmeier@vrey-energie.de

🌟Milestone for climate-positive building in Mannheim Last month, our co-founders Florian Fischer and David Zwilling joined an inspiring event hosted by 3iPro GmbH and the Stadt Mannheim to celebrate the topping-out ceremony of the new Hitachi Energy headquarters.🏙️ Alongside Hitachi Energy, Köster GmbH, AllesWirdGut Architektur ZT GmbH, Mayor Christian Specht, and many other guests, we marked the progress of a true lighthouse project: a 9,000 sqm campus built with sustainable timber construction, powered by solar and geothermal energy, and equipped with cutting-edge fire prevention systems. The project has already received the DGNB Platinum pre-certificate and the Local Green Deal plaque from the City of Mannheim, a strong signal for climate-conscious construction and innovation in real estate.🎖️ Thank you to Davut Deletioglu and Klaus Helmrich for the warm welcome and inspiring exchange. Congrats to the whole 3iPro GmbH team and all partners on reaching this milestone! The construction efforts reflect exactly what matters to us at STYX: building urban spaces that are bold, sustainable, and ready for the future.♻️