What Matters This Week - 10.5.24

A couple acquisitions and the largest VC round ever.

What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.

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Fundings:

• Pluq, a CRE EV charging solution, raised a €50M Debt round led by Proventus.

• Neeve, a building data & insights platform, raised a $15M A round led by RXR.

• AmpUp, a MF & CRE EV charging co, raised a $15M A round led by Touchdown.

• Mysa, a resi smart thermostat provider, raised an $11M B ext round from Cycle.

• Bisly, a scalable building automation co, raised a €6.2M A round from SmartCap.

• Airship, an HVAC sales software, raised a $4M pre-seed round led by QED.

• Enlaye, construction risk mgmt, raised a $1.7M pre-seed round led by Glasswing.

• FixForm, a building maintenance management co, raised a €1.5M seed round.

• Flent, a furnished SFR platform, raised a $777K pre-seed round led by WEH.

News:

• JLL acquired Raise Commercial Real Estate.

• One Click LCA acquired ENVI-Met.

Long Reads:

• Cuby: The House Factory Factory. (Not Boring by Packy McCormick)

Top Tech Read of the Week:

• OpenAI raises $6.6B, the largest VC round of all time, and is now valued at $157B.

Check this out:

Source: The world’s most valuable unicorns in 2024. (Visual Capitalist)

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