Pi Labs

We’re thrilled to share that Michelle Wilk has been promoted to Principal at Pi Labs, reflecting her outstanding contributions to our team. 🎉 As she steps into her new role, Michelle is particularly excited about backing founders driving the decarbonisation of hyperscalers and data centre infrastructure, one of the biggest climate challenges (and opportunities) of the decade. She’ll also be joining the Pi Labs team at Unlock VC in Paris this autumn, where she’ll be connecting with peers and investors from across the ecosystem, championing Pi Labs’ commitment to levelling access to capital. Keep an eye out for her across our busy autumn calendar, and be sure to say hello if you spot her at an event! #VC #Innovation #AI #Startups

#CONNECTWITHFOUNDERS 🚀    Meet Mariano Apodaca, founder of Prosperous AI, the leading platform that transforms static data from supply chains, into dynamic, decision-making engines.    Prosperous AI has saved customers up to 30% on the cost of their raw materials by using advanced technology to provide strategic insights into their supply chains. Their unique platform produces an automated analysis of customer spending, helping companies forecast demand, streamline supplier negotiations and optimise material sourcing - all in one place.   🤝 Connect directly with Prosperous here: https://lnkd.in/ef7_WjUz    🚀 If you want to learn more about how AI is impacting the built world, specifically at the application layer, you can read, or listen to, our latest research paper, 'Real AI for Real Assets' here: https://lnkd.in/eEd_NyAj 

Excited to be attending PropTech Connect, on the 3-4 September in London, where I’ll be leading a main stage panel discussing the impact of AI on next-gen talent. 🤝 If you’re attending Proptech Connect, and would like to be involved in our latest fund with Pi Labs, reach out on LinkedIn or at LP@pilabs.vc to connect. #PropTechConnectEurope #VC #builtworld #proptech #startup

This London-based VC made a 10x return in one of the “least sexy” industries. Let’s talk about PI Labs. While most funds chased AI, fintech or climate, Pi Labs quietly focused on one thing: proptech and construction tech. Not exactly sectors that attract hype. But the results speak for themselves: • OfficeRnD exit at a 60x return • Fund I fully liquidated with a 10x net return • 90+ startups backed in 15+ countries • 17 exits so far • Now raising a new £100M fund So why haven’t you heard of them? Pi Labs is run by Faisal Butt. No giant platform, no media machine, just focus and execution. And maybe that’s exactly why it worked. Their model is proof that overlooked sectors and focused operators can massively outperform. If you’re curious about Pi Labs or want an intro to the team, I’m happy to connect you. Respect to Faisal Butt for staying heads-down and letting the numbers do the talking. Michael Murad Stefania Ponzo Hugo Conceição Silva Michelle Wilk #venturecapital #proptech #startups #PiLabs #constructiontech

#CONNECTWITHFOUNDERS Meet Ewa Lenart, founder of Howie, an AI co-pilot for the built environment. Howie has developed an AI co-pilot specifically tailored to the AEC industry, which automatically pulls together emails, reports and drawings across scattered data sources. By easily integrating into your current tech stack, Howie resurfaces the critical insights that your employees need. 🤝 Connect directly with Howie here: https://lnkd.in/ef7_WjUz 🚀 If you want to learn more about how AI is impacting the built world, specifically at the application layer, you can read, or listen to, our latest research paper, 'Real AI for Real Assets' here: https://lnkd.in/eEd_NyAj

“What founders are building today, is indicative of what the future might look like”  Pi Labs Founder and Managing Partner, Faisal Butt, recently joined the Savills Real Estate podcast to bring a telescopic lens to the future of the built environment, uncovering how data and AI can be leveraged to achieve a more efficient, and sustainable, outcome for real estate. ✨Listen to the podcast here: https://lnkd.in/eKCcrZtw Across the built environment, AI is turning fragmented data sets into actionable insights that can drive leaner operations, with an ESG edge. From predictive maintenance softwares, like FLUIX AI, to generative design tools, like Genia, AI-driven solutions are cutting carbon before its even created.   And if there’s one thing that’s for certain, it’s that the adoption of AI is no longer optional, with a clear ROI that is driving competitive advantage. 👋 Our paper, Real AI for Real Assets, dives deeper into this topic, showing how AI is driving faster decision making, portfolio‑level visibility and reducing costs – all through one unified data layer. Don’t miss out on the action: https://lnkd.in/eEd_NyAj 🤝 If you’re passionate about the future of real estate and tech and would like to be involved in our latest fund with Pi Labs, reach out to LP@pilabs.vc to learn more. 

#CONNECTWITHFOUNDERS Meet Joel Hodgson and Jeff Kayne, co-founders of Trubrics, providing AI user intelligence. Trubrics is the analytics layer for LLM-powered products, harnessing real-time user feedback to empower organisations with actionable insights, driving smarter, and ever-improving, AI assistants. As every company rushes to integrate AI into their platform, Trubrics is optimizing the process, capturing product feedback, usage patterns and qualitative insights, all in real time. 🤝 Connect directly with Trubrics here: https://lnkd.in/eCPxfGfG 🚀 If you want to learn more about how AI is impacting the built world, specifically at the application layer, you can download and read our latest research paper, 'Real AI for Real Assets' here: https://lnkd.in/eEd_NyAj

Britain needs 1.5m new homes, and tech is stepping up 🏗 Last week our Investment Manager, Michelle Wilk, joined a cross-sector judging panel, hosted by Geovation and Digital Planning UK Gov, to review the next generation of innovators transforming how we build. Over three days of pitching, 20 start-ups showed how their tech can accelerate and unlock housing delivery towards the target of 1.5 million new homes. The timing couldn’t be more significant, with AI unlocking new potential in built world startups, and the government’s repositioning of proptech as a key enabler for economic growth. Winners of the programme will be announced in September ✨ In the meantime, click the link below to read our latest research, and find out why domain-specific AI applications will be the first to move the needle in scaling pilots to production.  👋  https://lnkd.in/eEd_NyAj #PropTechInnovationChallenge Lou Welham #PropTech #Planning #AI #Startups #VC #Innovation 

AI is compressing a decade of growth into a couple of  years...     As Pi Labs Founder and Managing Partner, Faisal Butt, told  Estates Gazette, traditional tech start-ups like HubSpot took eight years to reach the $100 million annual-revenue mark, while today’s GenAI‑native start‑ups expect to do so in less than three.      Our new research paper, 'Real AI for Real Assets', uncovers this data and more:  📈 24 months vs  37 months – the top 100 AI companies on Stripe’s platform reached $5 m annualised revenue 1.5× faster than 2018’s leading SaaS cohort   💸 $48.1 billion was globally invested into GenAI start‑ups in 2024, while the rest of the industry endured a “VC winter”   💡With foundation models commoditising, the real value is to be found in the application-layer of AI, where we expect to see a boom over the next 5 years  If you want the full picture, and a market map of the 249 GenAI start‑ups already targeting real‑estate pain points, then download our research paper here: 👉https://lnkd.in/ergUjygm  Read Faisal Butt’s feature in Estates Gazette here: https://lnkd.in/etp3f-iv  #AI #PropTech #Sustainability #BuiltWorld #VC #PiLabs #RealAIforRealAssets

🌐 Last week, our Partner, Stefania Ponzo, joined Bisnow’s panel ‘AI Revolution in Commercial Real Estate’, shedding light on how data-driven intelligence is shifting from a curiosity to a key lever of success in the built world. The conversation brought to life the latest opportunities, and challenges, AI brings to real estate professionals. Through its influence on deal sourcing and real time asset optimisation, the speakers assessed the many ways that the implementation of AI can take shape, even in legacy companies. In our latest research ‘Real AI for Real Assets’, we unpack how these companies are retrofitting AI into their tech stacks, reducing a 45 minute task to 3 minutes. Huge thank you to Bisnow, and to Brian Duren, for moderating this insightful conversation and highlighting AI’s strategic role in the built world. 💡 If you’d like to dive deeper on how generative AI specifically is impacting the built world then you can read, or listen to, our latest research “Real AI for Real Assets” here: https://lnkd.in/ergUjygm Brian Duren, Dominique Gonfard, Jack Sibley, Tom Wallace, Seth Oberlander #VentureCapital #AI #RealEstate #BuiltWorld #PiLabs