Wings
for OPENLY
Call for impact investors
Vision:
Turning commercial and residential buildings from carbon emitters into carbon sinks. To date, no one has achieved a commercially scalable building system that would promote further carbon capture and storage. Our bespoke and patented hempcrete technology(CANCRET) in combination with timber construction makes it possible to store around 250kg of CO2 per m2 of gross floor area.
Potential:
The annual certifiable potential from biogenic C sinks* in building materials is > 5 Giga tons p.a., which corresponds to a global annual market value of approx. 1 trillion USD.
Legal limit values: (Regulatory Push):
The OPENLY construction system reduces construction emissions by > 50% and, with 6 kg CO2 emissions per m2, achieves the legal target values for Denmark in 2029.
The building system:
Our approach consists of sharing. We follow the ideas of Gropyus and Nokera, but make the building system openly available with the Openly.Lab and Openly.Data. Not every client and not every architecture firm has to reinvent everything. Global thinking, decentralized planning and construction.
We are driven by climate change, because 25% of global annual CO2 emissions come from the construction industry. That is around 8 times more than all air traffic. As a global society, we need to focus on fossil-free building materials that are as renewable and recyclable as possible and start to understand buildings as carbon and raw material storage sites. The EU introduced the CRCF Framework on 26.12.2024.(Link)
Building system / open source / at cost
training and consulting for clients, authorities and architects.
Sharing knowledge creates the greatest possible impact.
Public relations & keynotes, participation in EU & US working groups & research projects
Our goal: 100 projects with 2,000 units by 2027
This will have the following impact:
Avoided emissions: 100'000t
Captured CO2: 60'000t
Educated people at openly/lab: 800
Achieved to date 2024: 19 units completed,
44 in execution planning, 357 apartments in the pipeline
Vertical integration (Openly AG, Assets)
Investments (company acquisitions & own patents) in the biogenic construction ecosystem.
Hemp / Straw / Clay: (Temporary C-sinks)
Cancret.com / Own patent for the prefabrication of hempcrete elements (timber construction)
Participation / acquisition straw panel and clay panel producer
Development of hemp panel product
Marketing of these products under a (new) umbrella brand
Biochar: (Geological C sinks)
Biochar (biochar) is the key product for creating a geological C-sink in the concrete.
Participation in an existing supplier and investments in the ecosystem
Product development (see EMPA research) to bring the C-sink in Biocrete to > 100%.
Controlled domestic ventilation & software
Energy-plus buildings are made possible by high insulation values, high PV yield with storage and controlled living space ventilation with building technology control (software)
With the OPENLY AIRBOX, we have developed a first product that has passed the practical test and achieved the Minergie Eco P standard. (patent pending)
The OPENLY OS (operating system) based on Eisbär is the first fully integrated home automation control system from OPENLY
Project development of investment properties:
Openly does not develop itself today, but with
Valley-Architects.com has created a general planner for yield-optimized timber buildings.
**Milton.earth - Trading with CO2 certificates
With the Milton.earth brand, we are building a company that sells carbon sinks on the voluntary carbon market on behalf of property owners. The impact for building owners is significant. Approx. 1-4% of construction costs can be subsidized through certificate sales. (see Openly/certificate)
Pilot certifications of 10,000 tons are planned for 2025. We are aiming for 100,000 tons in 2026 and 1 million tons per year from 2027, which would make Openly a megacorn.
The trading margin is 25-30% and the CO2 certificate prices paid range from around EUR 70(current price on the Frankfurt ETS exchange) to EUR 600. We currently offer the sinks to offsetting customers for EUR 200.
Mezzanine (carbon asset backed securities)
According to a recent study by Wüest & Partner, climate-efficient new buildings are already valued 3-4% higher. In addition, there is additional income from the sale of CO2 certificates of 1-4% (see Milton.earth) as well as recurring income from the PV system and building technology control (1-3%).
Mezzanine investments in OPENLY engineered buildings are profitable and have an additional security of around 10%. We call this carbon asset backed securities.
The construction system also makes it easier to calculate risks, as components have been developed and tested centrally and the component costs are known.
We are looking for a financial partner to build such a mezzanine vessel based on the Openly building system. These financings - together with CO2 certificates - are urgently needed in the market for bionic buildings.