What Matters This Week - 10.19.24
Look at all those 9-figure rounds!
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Kiavi, a resi lending platform, raised a $400M debt round.
Splitero, a home equity platform, raised a $300M round led by Antarctica.
Backflip, a house flipper loan co, raised a $184M debt round co-led by Setpoint.
PathRobotics, a robotic welding system, raised a $100M D round co-led by Drive.
Treehouse, a MF EV charging solution, raised a $16.6M A round led by Flourish.
Ejari, a resi rent now & pay later service, raised a $14.65M Seed round led by PFG.
KingEnergy, a CRE solar energy co, raised a $10M seed round led by ArcTern.
Concretene, a decarbonized concrete producer, raised a £3M round led by Molten.
Ciudadela, a RE Spanish PMS, raised a €2.7M Seed round led by Wayra.
Lamarr.AI, a building diagnostics co, raised a $1.1M pre-seed round led by Hazelview.
14Trees, a 3D-printing construction co, raised an A round from Climate Pledge.
Tour24, a MF self-guided tour platform, raised a round from Mirasol.
News:
Y Combinator announced its Summer 2024 cohort (Day 1 & Day 2): The PropTech crew includes Azalea Robotics Corporation, Baseline AI, Elayne, Hamming AI, Lumen Orbit, & more.
Top Tech Read of the Week:
How M&A Fosters Innovation. (Tomasz Tunguz)
Check this out:
Prompt: Afrofuturist megamansion ecovillage in the Congo rainforest -tropical architecture -cinematic lighting.
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.