Back to Investors
Pi Labs

Pi Labs

Venture Capital

Pi Labs is an early-stage venture capital firm based in London backing founders who are creating a digital and sustainable built world.

Portfolio

12

companies

AUM

£2

under management


Portfolio companies

Ambr

Ambr

Ambr provides artificial intelligence software that monitors and addresses workplace stress.

Sorted

Sorted

Sorted develops artificial intelligence-enabled technology to improve recycling and material sorting in waste management.

MOONHUB

MOONHUB

MOONHUB provides virtual reality interactive training and immersive learning experiences for businesses.

Kamma

Kamma

Kamma develops property data and analytics technology to support net zero goals in the real estate sector.

RK

Route Konnect

Route Konnect provides video analytics software that anonymously maps movement data for people and vehicles across physical spaces.

Moonhub

Moonhub

Moonhub provides a virtual reality training platform for workplace learning and performance analysis.

FLOWN

FLOWN

FLOWN offers virtual co-working tools and content to help remote workers achieve deep focus.

DR

Dent Reality

Dent Reality develops an augmented reality platform that provides indoor positioning and mapping for physical spaces.

H

Hubble

Hubble provides a hybrid workplace platform connecting businesses with flexible office space and remote working solutions.

C

Contilio

Contilio provides a 3D AI analytics platform for automated construction progress and quality tracking.

VT

Vauban Technologies

Vauban operates a digital platform for creating and managing investment funds and special purpose vehicles.

QF

Qualis Flow

Qualis Flow provides construction teams with data to manage sustainability and quality on site.


Team

Faisal Butt

Faisal Butt

Founder and Managing Partner

Faisal founded Pi Labs and Spire Ventures, and currently invests across several firms including Victus Real Estate and Beaumont Bailey.

LinkedIn
Esha Vatsa

Esha Vatsa

Principal

Esha brings early stage venture capital experience from roles at Mercuri, Pi Labs, and Forward Partners.

LinkedIn
HS

Hugo Silva

Senior Investment Manager


Recent investments

Pre-Seed
£950K

Look AI Ventures and Fuel Ventures back the workplace well-being platform.

"At Look AI Ventures, we are thrilled to support Ambr in its mission to revolutionize workplace well-being. Unlike traditional methods that rely on surveys, Ambr taps into real employee interactions by seamlessly integrating with over 50 company tools, providing a robust data-driven approach. This allows organizations to gain valid insights not only to predict issues related to employee morale, well-being, and burnout but also to offer a solid foundation for people managers to assess and address these challenges effectively. Moreover, Ambr seamlessly integrates with a wide range of workplace tools across both Google and Microsoft ecosystems, enhancing the overall experience for employees and HR. We’re proud that Ambr works closely with its technology partners to provide a solution that amplifies the capabilities of existing workplace platforms, showcasing its value in the modern, interconnected workplace."
— Angelo Burgarello, Partner
Seed
£1.7M

The seed round was led by Pi Labs with backing from Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler, and angel investors.

"Our mission is to help waste management companies sort their waste more effectively and maximise recovery of recyclable materials through aiding Materials Recovery Facilities (MRFs) and Plastic Recovery Facilities (PRFs) in improving their workforce efficiency. We use AI to augment and better enable human pickers, and our UK pilots show increased revenue and performance as well as reduced costs through using Sorted’s technology."
— Arthur Goujon, Co-Founder and CTO
Seed
£1.1M

The London-based virtual reality training platform secured £1.1m from Unconventional Ventures to drive product development and new market expansion.

"2024 is a transformational moment for MOONHUB. In the past few years, we’ve worked towards this moment, to become the recognised leader in immersive training, working with global brands that want to support their teams’ development through the use of exciting new technologies."
— Dami Hastrup, CEO
Seed
£780K

The pre-seed round was led by the Development Bank of Wales to support team expansion and platform development.

"Our platform captures accurate, intelligent, real-time insights into the movement of people and vehicles – without infringing on individual privacy – to enable better, more efficient traffic management, place-making and urban planning across towns and cities globally. From reducing wait times at traffic lights and easing congestion for emergency services access, to improving customer experiences at stadiums and retail outlets, the application of accurate and anonymous movement insights has universal potential."
— Mohamed Binesmael, Chief Executive
Seed
£2.0M

The virtual reality training platform raised the seed capital from backers including Pi Labs and Ada Ventures.

"Ever since we invited MOONHUB to be a part of Pi Labs’ 2022 Growth Programme, we’ve, quite frankly, been ‘over the moon’ to be a part of its ambitious journey from such an early stage. We see in Dami, Vinh and Hannah the entrepreneurial flair and innovative abilities that will enable MOONHUB to become a global leader in VR training technology."
— Faisal Butt, Founder and Managing Partner
Seed
£2.5M

The seed round was led by Pi Labs with participation from Sugar Capital, 7percent Ventures and notable angel investors.

"Our vision is that every physical space will become digitally connected, enabling an entirely new type of interaction with the world around us. These 'smart spaces' will unlock rich information and transform billions of daily interactions for shoppers and retailers. Right now, the biggest players in tech are working on building next-generation augmented reality wearables, and we’re building the killer consumer use-cases for this transformative technology. In the future, providing a frictionless digital experience in a physical location will become as essential for every business as having a website is today."
— Andrew Hart, Co-founder
Series A
£2.0M

Hubble secures £2m in Series A follow on funding led by Pi Labs to launch new hybrid working products.

"The last 14 months have completely transformed the relationship between work and the workplace. Office space is a $22 trillion asset class, which will see it's biggest change in a generation in the next five years. Hybrid working will become the new normal, as employers and employees seek to find the right balance between office and remote working."
— Tushar Agarwal, CEO and Co-founder
Seed
£1.1M

Pi Labs has led a seed investment in construction analytics platform Contilio to drive expansion.

"Construction is a pivotal part of all of our lives whether we are indoors, commuting or communicating. After spending years managing mega construction projects and investing in AI and Fintech, I realized that the 3D AI advancements would help deliver the much-needed change for an industry that I knew deserved much better."
— Zara Riahi, Founder and CEO
Seed
£1.6M

The seed follow on round was led by Triple Point with participation from Pi Labs and M7 Structura.

"Our vision is for a world unencumbered by disparate information and our property licensing product is a clear example of how we help businesses stay compliant, save time, save money while raising housing standards at the same time. Through our product we can assess all licensing needs, drawing information from multiple sources and presenting it as usable data on one platform. Our guiding principle is to make renting safer for everyone and with more people working from home, and a correlation between housing overcrowding and the faster spread of COVID-19, property compliance is of huge importance."
— Orla Shields, Chief Executive Officer and co-founder
Seed
£1.6M

The investment round will support the company as it prepares to launch a new real estate product.

"Vauban is breaking down barriers as an innovative investment platform and trusted wealth management tool. Our goal is to provide an alternative model for capital flows, making investment an attainable and agile process. This Seed round will help support our rapid growth, which has been driven by an increase in VC funds, private equity companies and HNWI looking for ways to securely contain and deploy their capital."
— Remy Astie, Founder and CEO
Seed
£725K

The seed round was led by Pi Labs with participation from Entrepreneur First, MMC Ventures, and Rising Tide Europe.

"The construction industry has been reliant on manual project management processes for far too long. We’re thrilled to have secured investment from some of the leading players in Europe’s proptech ecosystem who are backing our vision of a digitised, environmentally conscious construction sector."
— Jade Cohen, Co-founder