What Matters This Week - 4.26.25
Big round for Flow plus AI in Construction
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Flow, a MF community operator, raised a $100M B round from a16z.
Omnidian, a CRE solar performance co, raised an $87M C round led by BCapital.
Steadily, a landlord insurance platform, raised a $30M C round led by Two Sigma.
Yarbo, developer of multipurpose intelligent yard robots, raised a $27M B round.
Irrigreen, an AI resi sprinkler system, raised a $19M A round co-led by Natural.
Node.energy, a C&I energy SaaS, raised a €15M B round led by eCAPITAL.
LaceAI, a home-services call center AI, raised a $14M Seed round led by Bek.
ROH, a hotel payments mgmt co, raised a $9.2M round led by Highgate.
Trust&Will, a digital estate planning co, raised a $4.5M C ext round led by Curql.
Adaptavate, green constr. materials, raised a £2.7M Seed round led by Undivided.
PHNX, concrete decarbonization co, raised a $2.5M Seed round led by Divergent.
MatBook, a constr materials procurement co, raised a $750K Pre-Seed round led by Seedstars.
News:
SPX Technologies acquired Sigma & Omega. (GlobeNewswire)
Articles:
Canada’s Bid for Prefab Dominance. (Propmodo)
Your construction project will be late. AI can fix that. (Scale)
Long Reads:
Exponential Industries: Real Estate's Next Frontier (Antony Slumbers)
Top Tech Read of the Week:
The Upgraded Go-to-Market Playbook. (Pete Flint - NfX)
Check this out:
Source: Charted - The Surging Cost of Training AI Models (Visual Capitalist)
PropTech Talent:
Featured Job - Manager, Quantum City Initiative @ HqO (Boston, MA).
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