What Matters This Week - 4.22.23

Huge round for EquipmentShare and Lessen buys again

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

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Fundings:

• EquipmentShare, a construction equipment rental solutions provider, raised a $290M round led by BDT.

• Habi, a Colombian resi transaction platform, raised a $100M Credit Facility from Victory Park.

• Sunvigo, a German provider of resi solar systems, raised a €19.5M Debt and Equity round.

• Enter (f.k.a. Baupal), a German home energy assessment startup, raised a €19.4M A round led by Target Global.

• CrowdProperty, a UK property development lending platform, raised a $18.7M Debt Round from British Business Investments.

• nZero, a carbon accounting and management platform, raised a $16M A round led by Fifth Wall.

• Kindred, a short term home-swapping platform, raised a $15M A round led by NEA

• ChargeLabs, an EV charging management software, raised a $15M Debt and A round from Eaton, Silver Comet and SVB.

• Safeguard, an Israeli construction performance management platform, raised an $8M A round co-led by Ron Zuckerman and Hillel Kobrinsky.

• Standby Deposits, a rent deposit payments platform, raised a $5.3M Seed round.

• REALbasis, a RE investment platform, raised a $1M Debt round.

• Cognecto, an Indian construction equipment analytics platform, raised a $486.9K Seed round led by Inflection Point.

News:

• Resi solar solutions Sunergy to go public through SPAC.

• Mews acquires hospitality PMS Hotello.

• Lessen acquires facility management provider Blue Skyre IBE.

• WeWork ‘on thin ice’ with the NYSE.

• European flexible office spaces experience 35% growth In 2023.

Articles:

• An STR data story for Q1 2023 by Transparent.

• The Elusive Dream of Fully Autonomous Construction Vehicles.

• PropTech 1.0 — A Historical Look Back by Revolution.

• PropTech steps into the affordable housing void.

• How to Build a House in One Day.

Top-tech read of the week:

• Why Every Startup Needs an AI Strategy, by Tomasz Tunguz

Long read:

• How did solar power get cheap? Part I, by Brian Potter.

Check this out:

Fun with AI:

• “Office Complex on Mars”

  

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