Digital Innovation Challenge for construction industry

Circular solutions for the Construction Industry - Innovation Challenge

Construction industry is one of the world’s largest consumers of energy and raw materials and is responsible for around 40% of CO2 emissions and nearly a third of all waste in the EU. Thus shifting from a linear to circular economy will bring huge environmental improvements. But to add to that, there is also a huge potential for innovative new business models.

When tackling this massive market opportunity, we believe in the collaboration between large and small companies. We bring together leading Nordic corporates and growth companies to find new circular solutions and business models for the construction industry and organize Innovation Challenge in Autumn 2021 together with Green Building Council Finland. We invite companies of all sizes to join us to rapidly develop, iterate and test new ideas.


WHAT: Circular solutions for the Construction Industry

WHEN: Autumn 2021

WHO: Corporates and growth companies across the Nordics

WHY: Fast and easy way to get from strategy to action

We focus on the construction value chain eg.

  • Changes on consumer behavior
  • Material choices
  • manufacturing process
  • Site Management
  • Smart building
  • Recovery & Recycling



  • Easy and cost-efficient way to find new partners, solutions and business models
  • Latest insights on the growth companies’ solutions and new business models
  • Get visibility and strengthen your brand image as a forerunner in the industry
  • Identify concrete pilot cases that can be rapidly implemented with a partner



  • Access to new markets and Nordic customer base
  • Opportunity to co-create with corporate partners
  • Get visibility and strengthen your brand image
  • Potentially concrete pilot cases resulting from the challenge



Are you a Nordic corporate looking for concrete actions to increase sustainability in construction industry?

Contact Moona to find out how you can join the Innovation Challenge.


Are you a Nordic growth company creating solutions for construction industry and looking to collaborate with larger companies?

Stay tuned for updates on the specific themes or contact Jenni for any questions.


Other case stories

A new innovative service from Reima – Monthly subscription model for children’s outerwear

Reima has launched an innovative new service

A new innovative service from Reima - Monthly subscription model for children's outerwear

Reima has launched a new service that makes parenting a little easier by removing the hassle of shopping for children’s outerwear multiple times in a year. Reima Kit service delivers seasonal clothing to your home with a fixed monthly fee or a one-time payment. By partnering up with Emmy, a Nordic online store for pre-owned brand apparel, Reima is organising a convenient and effortless way to recycle the outgrown clothes.

In the beginning of the venturing process, Reima’s venture went from planning to first buyers in just 8 weeks and now a year later the service is fully part of Reima’s business. This was achieved with the work of the cross-functional team, a combination of Reima’s experts and external support including LOOP Venture builders, who all felt that the secret of the exceeded results were good communication and clear goals.

We were honoured to be part of this venture’s journey from the very beginning. Reima Kit is an excellent circular business example from the LOOP ecosystem. If you’re interested in piloting a venture like Reima, contact us and let’s start planning!

Read more about Reima’s 8-week pilot here

Check out other case stories

Nordic startups showing the way in circular economy

Nordic startups showing the way in circular economy

Nordic startups are developing sustainable solutions and spreading them globally in collaboration with corporations. We at the LOOP Ventures team gathered some of the most exciting current circular economy news to show you what is going on in the new materials scene and what achievements can be reached in cooperation between startups and corporations.

Spinnova, a sustainable fiber company developing textile out of FSC-certified wood and waste streams, launched a fully circular textile concept in collaboration with Norwegian outdoor brand Bergans. The collection is fully circular, subscription-based takeback and reuse concept that is revolutionary in the apparel industry. Their collections first prototype is a backpack made of fully natural resources and when the product life cycle comes to an end, Bergans and Spinnova can turn the same fabric into new fibre and product for the consumers. Bergans has done pioneering work on sustainability with redesign, recycling, repair and renting services, so Spinnova’s sustainable fibre is a great match for them.

H&M is also raising awareness about the importance of transition towards circular fashion industry with startup – corporate collaboration. They have invested in re:newcell, that produces a new textile called Circulose by using a technology to recycle used cotton and viscose clothes. Re:newcell is transforming the way fashion is produced and consumed into a never-ending loop in which garments are not ending up in landfills. H&M’s brand Weekday has lately been the first in the world to test and use Infinited Fiber Company’s newly processed denim fiber. Infinited Fiber Company is known for developing a process technology that can turn cotton-rich textile waste, paper and cardboard waste into new, cotton-like fibres.

Photo: Re:newcell
Photo: Infinited Fiber Company

Every year millions of tons of plastic waste ends up in the environment and a large part of it is from packaging. To solve the plastic waste problem, Paptic has created this renewable, recyclable and reusable packaging material made of wood fibres to replace plastic. Recently Paptic launched a collaboration with Sokos, one of the largest department store chains in Finland, to replace all their plastic bags with reusable multi-use carrier bags made from Paptic Tringa material. Another significant retailer partner for Paptic is French department store chain Galerie Lafaytte.

Photo: Paptic
Photo: Sulapac

Sulapac raised an impressive € 15 million in their financial round to support their growth. Luxury house Chanel was one of the investors, just to mention one. Sulapac material is biodegradable and microplastic-free made entirely from renewable sources and certified wood. This December they released the sustainable straw in collaboration with StoraEnso. The straw is a huge step towards micro-plastic free nature as it is made of sustainable raw materials and biogrades fully in marine environment.

After this year’s successes, we look forward to seeing and working with all the great innovations and collaborations next year!

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