AI-powered sustainable actual property analytics agency Infogrid has named the co-founder of US local weather tech unicorn Arcadia as its new CEO.
Kate Henningsen will take over as CEO of London-based Infogrid, which closed a £72.4m Collection B spherical final yr.
Henningsen launched Arcadia in 2015 and served as the corporate's chief working officer for 9 years. Throughout his tenure, the corporate secured a $1.5 billion valuation following a $200 million funding in 2022 led by JP Morgan.
She is going to now oversee the subsequent part of Infogrid's development. Infogrid analyzes the local weather effectivity of buildings, searching for methods to scale back emissions and waste, together with decreasing prices.
“Infogrid's development up to now coincides with a transformative second for the constructed world. The corporate's know-how future-proofs any constructing and presents an answer not in any other case obtainable in the marketplace,” stated Henningsen.
“I’ve made decarbonizing the world my skilled life's objective and I’m excited to hitch Infogrid at this important time to assist actual property organizations scale back their carbon footprint.
“As an trade, the constructed world now has know-how that may have an effect at scale, relatively than addressing remoted points.”
Knowledge revealed in December discovered that UK enterprise capital corporations invested greater than $1bn in early-stage international local weather know-how in 2023, the third highest on the planet. It got here in a yr the place local weather and power startups had been the best-funded within the UK.
Along with Henningsen's appointment, Infogrid has introduced 4 new administrators to the board, all with sustainability expertise.