AltaLab · Day 5 · working capital map

Not every investor is our investor

$500,000 to scale serial modular housing and develop AI-native manufacturing.

The registry contains 22 candidates and partners, not 22 confirmed funding sources. Fit is the team’s assessment of public sources as of 27 September 2026. Interest in ModulDim is unconfirmed. This tracker sends no outreach.

Ask and six-month targets → · One-Pager → · Open the working tracker ↓

How we prioritise

First qualification: AltaIR — access through AltaLab; Foundamental — sector fit and minimum cheque; EFI Group and Concorde — industrial context; SMRK — technology experience in Ukraine. This is a qualification order, not an investment-probability score.

First ask: do you invest in a Ukrainian manufacturer with proprietary internal AI, does a $500,000 round fit, and are inventory and working capital eligible? Only then prepare a personalised package. Mandate mismatch is a reason to defer, not to rename a manufacturer as SaaS.

Second group: technology funds where stage, geography, scalability or climate impact still need qualification. Later: Horizon Catalyst and u.capital have substantially larger cheques. Separately: LUN is a potential partner; no manufacturer-investment mandate is confirmed.

Cheques are public indications, not offers. Historical portfolios establish experience, not available capital today. Recheck activity and terms before contact.

Comparison table

22 records

Open the source through the candidate’s name. Terms for ModulDim are not agreed.
Candidate and priorityCheque / stageWhy consideredWhat to verifyPossible contact route
AltaIR Capital ↗1 · First qualification AltaLab: potentially up to $500k; selective, not guaranteed.AltaLab access route; investor in early technology companies.Qualify the manufacturing model against the technology mandate; internal AI is not SaaS.Start with a fit discussion through AltaLab; approve any financial proposal separately.
Foundamental ↗1 · First qualification $500k–5m initial cheque.Global AEC / construction technology; backed 011h.Demonstrate scalable technology advantage, not just more production crews.First seek an introduction through the industry network; fallback: official contact.
EFI Group ↗1 · First qualification Confirm cheque size and eligibility of a Ukrainian manufacturer.Ukrainian industrial group; closer manufacturing context than pure SaaS.Minimum cheque, ownership, governance and housing appetite are unconfirmed.Use the official project channel; first qualify mandate and transaction size.
Concorde Capital ↗1 · First qualification Confirm cheque size and eligibility of a Ukrainian manufacturer.Direct investment, including industry and construction materials.Separate investing from paid advisory; a $500k cheque is not confirmed.Approach the direct-investment team specifically, after management approval.
SMRK ↗1 · First qualification $0.5–1.5m: published investment experience, not a guaranteed range.Ukrainian technology investor; portfolio includes Ajax, Deus Robotics and Esper Bionics.Requires a technology and international case; housing-manufacturer appetite is unknown.First seek an introduction through the industry network; fallback: official contact.
Zacua Ventures ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Early construction technology; Ecoworks and Raise Robotics.Confirm Ukrainian jurisdiction, cheque and working-capital eligibility.Official Send your deck route after fit qualification; seek an industry introduction.
PT1 ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Physical-infrastructure investing; publishes an AUAR investment thesis.Geography, deal size and house manufacturing require separate qualification.First seek an introduction through the industry network; fallback: official contact.
KOMPAS VC ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Early industrial tech, manufacturing data, automation and construction.Needs defensible technology and measured impact, not merely AI usage.Official Pitch to us route; first confirm stage and geography fit.
PROTOTYPE ↗2 · Qualify fit $200–400k; first round, pre-seed.Robotics, automation and manufacturing; European technical teams.An existing manufacturer and internal AI do not automatically fit pre-seed frontier tech.Warm introduction preferred; fallback: website form. No introduction secured.
noa (ex A/O PropTech) ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Built-world decarbonisation technology; connection to 011h financing.Requires measurable environmental impact, defensibility and eligible geography.First seek an introduction through the industry network; fallback: official contact.
Breega ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Participated in 011h financing; operational support for technology teams.An analogous investment does not establish fit for our stage, cheque or country.First seek an introduction through the industry network; fallback: official contact.
Shadow Ventures ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.ConstructionTech / PropTech; AUAR and ICON in the portfolio.Confirm Ukraine appetite and manufacturer versus technology-provider fit.Official Submit a Deck after qualification; introduction not confirmed.
Concrete VC ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Construction automation; AUAR and Trunk in the portfolio.Separate capital for serial homes from investment in scalable technology.First seek an introduction through the industry network; fallback: official contact.
Planet A ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Climate technology; AUAR investment confirmed by the AUAR team.ModulDim environmental advantage is unmeasured; lifecycle evidence is needed.First seek an introduction through the industry network; fallback: official contact.
2150 ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.Technology for the physical world and sustainable urban environments.Qualify stage, cheque, geography and measurable impact; not a first outreach wave.First seek an introduction through the industry network; fallback: official contact.
Pi Labs ↗2 · Qualify fit Typically £350k–1m; separate direct investments up to £3m.Early European technology for a digital and sustainable built world.Needs a technology business with global potential; local production alone is insufficient.Official Pitch your business; distinguish direct investment from the accelerator.
Common Magic ↗2 · Qualify fit Confirm cheque size and eligibility of a Ukrainian manufacturer.AUAR founder named the fund as a round participant.Current mandate and submission route are unverified; research candidate only.First verify the fund and an introduction via AUAR; no contact established.
u.ventures ↗2 · Qualify fit $200k–2m; early technology companies.Ukrainian founders; portfolio includes NewHomesMate and Esper Bionics.Global technology mandate: home manufacturing alone may not fit.Qualify with the early-stage investment team; fallback: fund contact form.
Angel One ↗2 · Qualify fit $50–200k; possible co-investor, not the entire round.Ukrainian pre-seed / seed technology teams with global ambition.Confirm existing-manufacturer fit; syndicate and lead remain undefined.Official application after approval; seek an introduction via the UCU entrepreneurial community.
Horizon Capital · Catalyst ↗3 · Later scale Catalyst: €20–50m per transaction; not our $500k round.Ukraine industrial reconstruction; potential later-scale route.Material cheque mismatch now. Range applies to Catalyst, not every Horizon fund.Retain for later scale; do not spend resources on a full pitch now.
UMAEF · u.capital ↗3 · Later scale $2–5m; Ukrainian companies: annual revenue from $10m.Direct investment in profitable growing SMEs; distinct from u.ventures.Our revenue is unverified and the cheque is too large; not a current-round fit.Revisit after eligibility thresholds are met; do not present as a confirmed match.
LUN ↗P · Partner, not a confirmed investor Manufacturer-investment mandate not confirmed.Potential partner for demand data, suburban housing and distribution.Do not label an investor without evidence; a partnership experiment is not fundraising.Separate partnership discussion through the official team, not a financial pitch.

011h and AUAR are analogues, not investors

011h: the 2022 round combined construction standardisation and a digital process; investors included Redalpine, Seaya Andromeda, Breega, Foundamental and A/O PropTech. This helps identify capital profiles but does not establish comparable ModulDim performance.

AUAR offers robotic microfactories and production software. Shadow and Concrete confirm AUAR in their portfolios. The difference: we sell homes; our AI system still needs to demonstrate impact. Robotics is a future direction, not an existing production line.

Unit Lab, 011h and AUAR: funding rounds, business models and lessons →

Working tracker for future engagement

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A deal status in the local tracker does not update public fundraising claims. Sending materials, arranging meetings and agreeing terms require separate approval.

Weekly review

Which candidate truly fits our model and round, what evidence do they need, and who will prepare it by when? Review overdue next steps, reasons for rejection and evidence gaps. Meetings do not replace the core result: client-accepted, habitable homes.

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