What Matters This Week - 4.29.23
Big round for Span and another potential delisting
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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In case you missed it, I wrote an article this week about Moved and the “unboxing” of a new apartment.
Fundings:
Span, a home electrification startup, raised a $96M B round extension led by Wellington.
TopHat, British low carbon modular homes, raised a £70M round led by Aviva.
TheGuarantors, insuretech for renters, raised a $35M Debt round from CIBC.
Woodoo, a French maker of composite materials, raised a $31M Debt and Equity round led by Lowercarbon.
Cyclic Materials, a rare earth element (REE) recycling startup, raised a $27M A round led by Energy Impact and BMW.
Haltian, a Finnish CRE IoT startup, raised a €22M round led by Mandatum.
Zanecon, a Chinese wall-spraying robot, raised a $14.4M A round led by XVC.
Plotify, a British SFR investment platform, raised a $12.5M A round.
OnSiteIQ, a construction intelligence platform for investors, raised a $10M round.
Wayhome, a British provider of part-buy part-rent apts, raised an £8 A round co-led by Allianz X and Augmentum.
Constrafor, a construction procurement company, raised a $7.5M Bridge round led by Motive.
Cuby Technologies, a prefab construction company, raised a $6.4M round.
LandGate, a land listings and intelligence marketplace, raised a $5.5M round.
Tembo, a British digital-mortgage platform, raised a £5M round co-led by Lone Ventures and Harold McPike.
UniAcco, a British student accommodation platform, raised a $5M Bridge round led by Cornerstone.
Skarlett, a French home equity platform for seniors, raised a €4M Seed round led by Alven.
DevX, an Indian managed office space provider, raised a $3M round.
Car Space, a luxury coworking and private social club, raised a $1.5M Seed round led by HyperNFT.
GliderTech, a British BIM platform, procured a ‘seven-figure loan’.
News:
Like WeWork, Sonder is in danger of being delisted from Nasdaq.
Fifth Wall and others commit to a net-zero portfolio by 2050.
Articles:
PropTech spies opportunity in flex space’s hybrid-driven growth.
Why developers are turning to aI to deliver complex projects.
Long read:
Top-tech read of the week:
Watch:
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.