Private Equity

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Pi Labs

Pi Labs is an early-stage venture capital firm based in London backing founders who are creating a digital and sustainable built world. It has made around 100...

Pi Labs logo

Pi Labs

Pi Labs is an early-stage venture capital firm based in London backing founders who are creating a digital and sustainable built world. It has made around 100 investments since 2015 across 15 countries over 3 funds and has delivered 19 exits. It invests from pre-seed to Series A in areas including sustainable construction, efficient buildings and infrastructure, sustainable and healthy cities, and the future of work, retail and living.

General information

Firm type

Private Equity

Year founded

2015

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

33 Broadwick St, Soho, London W1F 0DQ, United Kingdom

Principals

Faisal Butt

Managing Partner & Founder

Stefania Ponzo

Partner

Michael Murad

Partner

Hugo Silva

Partner

Michelle Wilk

Principal

Dhruv Gupta

Principal

Sector focus

PropTechClimateTechEnterprise SoftwareAI/MLRobotics & AutomationCybersecurityMobility & TransportationReal Estate

Frequently asked questions

Who runs investment decisions at Pi Labs?

Faisal Butt is the Managing Partner and Founder, overseeing investment strategy. Stefania Ponzo, Michael Murad and Hugo Silva serve as Partners, with Ponzo and Silva noted as non-governing roles. Michelle Wilk and Dhruv Gupta handle deal execution as Principals.

Does Pi Labs participate in fund commitments or only direct deals?

Pi Labs invests directly into early-stage startups, taking equity positions with initial cheques of £350,000 to £2 million. There is no public evidence that the firm makes fund-of-fund commitments to external managers.

Which sectors does Pi Labs explicitly avoid?

Pi Labs does not publish a formal exclusion list, but its investments concentrate tightly on the built world — sustainable construction, building efficiency, property management, and urban infrastructure technology. Biotech, pure fintech, and consumer internet outside the real estate context fall outside its observable mandate.

Where does Pi Labs source its deal flow?

The firm leverages a network of venture partners from companies such as CrowdProperty, Nested.com, and IBM, alongside corporate limited partners that include real estate operators. Its accelerator programme, now in its twelfth cohort, serves as a proprietary top-of-funnel engine for identifying early-stage teams.

What is Pi Labs' known posture on co-investments alongside external GPs?

Pi Labs regularly co-invests with other venture firms and corporate venture arms. Its portfolio companies have raised from syndicates that include generalist and climate-focused funds, though the firm itself does not operate a formal co-investment club structure.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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