Construction industry innovation has stalled owing to a shortage of R&D investment as well as venture and other private equity funding. Construction industry spending on R&D accounted for only 0.8% of the European total across all industries. Therefore, it is clear that the market is still in its early stage of development and that the growth potential for the fund is significantly higher than in other industries.

The forecasted volume of construction output will grow by 85% to $15.5 trillion worldwide by 2030. This means that there is still a large gap in the market and that the market opportunity is unquantifiable. By being one of the first to create a fund that's focused on innovation through digitalisation and greenification, there is a significant opportunity for growth. Skreenhouse's core focus will be on the European market with additional established relationships in the US. In the near future, Skreenhouse plans to further develop its focus on other global markets.

The construction industry is a very hard market to penetrate for newcomers.
This is because industry-agnostic VC investments can only be accessed by the key industrial players that will the drive the success of a newcomer while internal R&D investments focus too much on company specific processes without addressing industry-wide challenges. Skreenhouse will be making winners, rather than choosing them, through direct access to our own network of industry leaders.

Skreenhouse connects industrials key to scaling industry newcomers, with industry-agnostic VC deal flow, while maintaining a holistic approach to the needs of the construction industry into the future.

The construction industry is dominated by century-old conglomerates which have not yet adopted new technologies en-masse. Lacking direct access to the older generation causes these conglomerates to have a difficult time gaining access to this market. The fact that cash-flow spent on R&D in the construction industry is only 2.7% (compared to 97% in the tech industry) demonstrates the clear opportunity ahead.

The forecasted volume of construction output will grow by 85% to $15.5 trillion worldwide by 2030. This means that there is still a large gap in the market and that the market opportunity is unqantifiable. By being one of the first to create a fund that's focused on innovation through digitalisation and greenification, there is a significant opportunity for growth.