What Matters This Week - 1.20.24

Two big rounds in Europe and a new fund for Thomvest

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

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Fundings:

• CapitalRise, a British crowdfunding platform, raised a £250M Credit round.

• Aira, a Swedish smart heat pump provider, raised a €145M B round.

• Soly, a Dutch solar energy startup, raised a €30M round led by ArcTern.

• Sealed, a home energy/comfort platform, raised a $26.4M round.

• PredictAP, an invoicing software for CRE, raised an $8M A round led by RETV.

• Briq, a financial automation ConTech, raised an $8M B round extension.

• Enerdrape, a Swiss CRE geothermal developer, raised a $1.5M round.

• Runnr.ai, Dutch hotel guest engagement, raised a €1M round led by Arches.

• Plaace, a Norwegian retail footfall analytics startup, raised an €885K round.

• 42Watt, a German resi energy consultant, raised a ‘mid-single-digit million amount’ Seed extension. (Super helpful. Thanks guys)

• DocuSketch, a SaaS for property restorers, raised a round from Summit Partners.

News:

• Thomvest Ventures closed a $250M fund.

• Indian IBS Software acquired PMS Above Property Services.

• Honeywell acquired Carrier’s Global Access Solutions.

• Ardian acquired French startup Costockage.

• Mytraffic acquired Geoblink.

• Investment in the Smart Buildings Space Declined 26% in 2023.

• Equity Angels launches to diversify PropTech innovation.

• Test underway to warm homes with supercomputer waste heat.

Articles:

• 2024 PropTech forecasts from the JLL Spark team.

• The wild ways VR is changing how buildings are designed. (FC)

• Real Estate's Labor Woes: A Symptom of Lagging Innovation.

Top-tech read of the week:

• Aileen Lee’s thoughts on unicorns, 10 years later.

Check this out:

Source: Delta Media through Superhuman

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