Energiefonds Overijssel and Oost NL invest €4 million in Tala, a sustainable construction company, to enhance production and meet the rising demand for eco-friendly housing in the Netherlands.
Target Information
Tala, a construction company based in Broekland, specializes in designing and building sustainable houses using wood and other biobased materials. Through their modular housing concepts, Tala not only contributes to the greening of the construction industry but also addresses the growing housing shortage. With a financing boost of €4 million from Energiefonds Overijssel and Oost NL, the company aims to enhance its current production processes and establish a new factory in Overijssel.
Industry Overview in the Netherlands
The construction industry in the Netherlands has been traditionally reliant on materials such as concrete, bricks, and steel, which significantly contribute to carbon dioxide emissions. The urgent need for sustainable construction practices has prompted companies like Tala to explore alternative materials that have a lower environmental impact. Biobased materials, including hemp, flax, and bamboo, are gaining traction as eco-friendly options.
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Government initiatives and policies are increasingly focused on sustainability in construction, promoting the use of renewable materials to meet climat
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Energiefonds Overijssel
invested in
Tala
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $4M