Cipio Partners has invested €20 million in Nuki Home Solutions to enhance its market leadership in smart access solutions across Europe.

Information on the Target

Nuki Home Solutions GmbH, based in Graz, Austria, is a pioneer in the field of retrofit smart access solutions in Europe. Since its founding in 2014, the company has established itself as the leading provider in this niche market. Nuki's product range includes innovative offerings such as the Nuki Smart Lock 2.0, which is an electronic door lock, and the Nuki Opener, designed to enable users to open entrance doors of apartment buildings via intercom using their smartphones. Additionally, Nuki offers a variety of accessories, including a keypad and fob, which facilitate access without the need for a smartphone.

The company continues to expand its portfolio with the introduction of the Nuki Smart Door, a fully integrated motorized door. Users benefit significantly from Nuki's solutions, which combine convenience and enhanced security through a smartphone app and seamless integration with major smart home systems. Nuki not only enhances access control but is also at the forefront of the growing market for smart home technologies.

Industry Overview in Austria

The smart home industry in Austria and Europe is experiencing rapid growth, driven by increasing consumer demand for security and convenience in residential settings. This sector has been bolstered by advancements in