What Matters This Week - 10.14.23
Spanish Debt Round and PropTech Confidence
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Eranovum, a Spanish end-to-end solar company, raised a €132M Debt round.
Verkada, a building security startup, raised an $80M round.
Myenergi, a UK resi energy mgmt app, raised a £30M round from Energy Impact.
Perch, a community solar servicer, raised a $30M B round from Nuveen.
Tribe (TSXV:TRBE), a Canadian MF PMS, raised a CA$15M Credit Facility.
Bedrock, a CRE geothermal startup, raised an $8.5M Seed round led by Wireframe.
isBIM, a Chinese digital twin ConTech, raised a $5.9M round from MTR.
CondoConta, a Brazilian condo “RE bank”, raised a $5.8M round from EXT.
Predium, a German CRE ESG platform, raised a €4.5M Seed round led by UVC.
Propify, an API to integrate PMSs, raised a $3.3M Seed round led by Prudence.
Fifth Dimension, a British marketing and research co-pilot, raised a £2.3M Pre-Seed round co-led by Antemis and Seedcamp.
CLT Toolbox, an Aussie structure design platform, raised a A$1.5M Seed round.
BioTwin, a British materials developer, raised a £175K Pre-Seed round from SFC.
Zenerate, a S. Korean building design platform, raised a $100K round from Google.
VARM, a German resi insulation startup, raised a Pre-Seed round from A/O.
Cecilian Partners, a developer SaaS, raised a round from Perot Jain.
News:
Articles:
Construction sites feel emptier, but is bleeding-edge tech the solution? (TC+)
‘Soaring demand for low carbon offices will outstrip supply’, said JLL.
CO’s collection of takes on PropTech against the CRE downturn.
Long read:
Top-tech read of the week:
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.