What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Palmetto, a resi solar company, raised a $150M round from TPG Rise Climate.
Rentyl Resorts, a tech-enabled hospitality company, raised a $25M round.
Therma°, an HVAC intelligence platform, raised a $19M A round led by Zero Infinity.
Roami (f.k.a. Sextant Stays), a hospitality startup, raised a $14M A round led by Vigo.
BrainBox AI, a Canadian smart HVAC platform, raised a CAD6.5M round from SDTC.
SmartPM, a constructions analytics provider, raised a $4.5M round from Nemetschek and Zachry.
Shifted Energy, a MF energy management platform, raised a $4.3M Seed round co-led by EPIC and Kapor.
DexMat, a renewable material developer, raised a $3M Seed round led by Shell.
Adaptis, a Canadian energy efficiency platform for buildings, raised a CAD2M Pre-seed round led by 2048.
Zityhub, a Spanish workspace reservation platform for enterprise, raised a $1.2M round.
Over-C, an Antiguan IoT management platform, raised a £1M round from Ayres.
CFEX, a platform to support enterprise-scale decarbonization, raised a Seed round led by Accruant International.
Green Fusion, a German cloud-based energy management platform, raised a round led by BitStone.
Latchel, a PMS for maintenance operations, raised funding from Allegion.
News:
WeWork is in talks with investors to raise cash to restructure debt.
FTC to block Intercontinental Exchange’s acquisition of Black Knight.
Articles:
Long read:
Top-tech read of the week:
The Final Breaths of SVB ($) (**NOTE** - There are a LOT of articles on this but most are just speculation. As facts emerge, I’ll share my favorites next week or in the coming weeks. If you have one you like, send it my way.)
Watch:
The Trulia Story
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.