What Matters This Week - 1.6.24

Huge fund in Asia

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

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Fundings:

• Colonies, a French urban co-living startup, raised a €30M round.

• Agorus, a panelized homebuilding startup, raised a $20M A round led by Toyota.

• Settl, an Indian co-living operator, raised a $1.2M Pre-A round.

• CINC, a community association mgmt SaaS, received an investment from Hg.

News:

• Pan-Asian Hidden Hill raised $1.1B PE Fund targeting PropTech and Logistics.

• Swedish ConTech firm Byggfakta (BGNH.ST) received $1B buyout offer.

• Pavlov Media acquired Inspire Wi-Fi.

• STR platform Frontdesk lays off entire staff, on the verge of shutting down.

Articles:

• AI proved its value to constructors in 2023.

• Designing for Deconstruction to Help the Environment.

• MIT Tech Review on passive homes.

• With Funding Down 42%, PropTech Startups Struggle To Hang On.

Top-tech read of the week:

• The next big thing in 2024 will be… by

  Nikhil Basu Trivedi
  .

Check this out:

Source: Carta, cited by RandomWalk.

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