Art-Invest and Kai Panitzki establish venture capital company BitStone Capital
Together with Kai Panitzki, Art-Invest Real Estate has founded a venture capital company that invests in innovative start-up companies in the real estate sector. The aim of the new company, named “BitStone Capital”, is to make consistent use of the extraordinary opportunities that will arise in the coming years from digitisation in the real estate sector. The management of BitStone Capital will be taken over by Kai Panitzki, most recently member of the board of directors of the Frankfurt FinLab AG.
The real estate industry is facing disruptive changes, caused by the unstoppable advance of digitalization and the rapidly changing demands on housing and workplaces. This means that even one of the most traditional and conservative sectors of the economy will be affected by the upheavals of the “Internet of Things”. Almost all stages of the value chain will be affected.
At the same time, this offers interesting investment opportunities on the basis of innovative and creative technical solutions. This is precisely where BitStone Capital positions itself in these newly emerging, highly attractive growth segments: as one of the leading investors with a clear focus on technology-focused start-ups in the real estate sector.
BitStone Capital is an internationally operating company builder and investor that not only invests in innovative digital real asset business models, but also accelerates their growth with its own resources. BitStone supports young companies with its outstanding network, excellent industry know-how and broad expertise in new technologies – from product development to market entry and successful rollout.
Kai Panitzki, managing partner of BitStone Capital based in Cologne: “Our operational team has many years of experience not only in the classic real estate sector, but also in dynamic technology and venture capital. This knowledge – combined with an innovative, solid and efficient approach to the rapid development of new business opportunities – and a strong entrepreneurial focus form an excellent starting position for a fast-growing, technology-based investor and company builder. In addition, the power and potential of the shareholders and their partners support BitStone Capital in evaluating and developing new processes and business ideas”.
Art-Invest Real Estate, main shareholder of BitStone Capital, is one of the largest and fastest growing real estate investment and project development companies in Germany. Art-Invest Real Estate Managing Director Markus Wiedenmann is enthusiastic about the new perspectives opened up by BitStone Capital: “In the real estate and construction industry, digitalization can mobilize considerable synergy potential. We are pleased much to be able to bundle our efforts within the PropTech range with BitStone. BitStone will invest in particular in young, innovative companies whose products we can use in project development, management and the development of services for our customers. In addition to capital, we want to offer young companies a direct platform for the use of their solutions. Art Invest Real Estate underlines thereby its requirement as one of the most innovative enterprises of the real estate industry.