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PROBLEM The construction industry is responsible for approximately 37% of global CO₂ emissions - a significant proportion that is exacerbated by the inefficient and often unstructured reuse of building materials. The industry still rarely relies on sustainable building materials, while wasting valuable resources from building renovation and demolition. GOAL reNEWvate aims to simplify and promote the reuse and recycling of building materials. With an innovative solution we want to increase the sustainable use of building materials and thus improve the CO₂ balance of the construction industry in the long term. CONCEPT Our AI-powered platform analyzes videos of construction and renovation projects using image recognition. These videos are then used to create "digital twins" that realistically represent the project. This makes it possible to determine exactly which materials can be reused, which can be sold, and how materials can be used sustainably for new projects. In addition to private clients, corporate partnerships will be encouraged to maximize our sustainable impact. Reuse today to create tomorrow. CURRENT PROJECT STATUS reNEWvate is currently in the development and validation phase. We are conducting extensive market and audience research to best tailor our solution to the needs of our customers. As part of this process, we are participating in the Red Bull Basement Challenge 2024 to further test and develop our idea.