What Matters This Week - 4.8.23
Mostly resi and construction this week
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
HeatTransformers, a Dutch resi heat pump startup, raised a €15M A round led by Energy Impact Ventures.
Tado°, a German smart thermostat maker, raised a €12M round from S2G.
InvestNext, a RE investment platform, raised an $8.25M A round led by Whitecap.
Acre, a UK provider of a platform for mortgages, raised a £6.5M Seed round.
Metr, a German platform for technical building equipment, raised a €6M A round.
Field Materials, a construction materials purchasing startup, raised a $4.65M Seed round led by Blumberg.
Billy, a construction insurance startup, raised a $2.5M round co-led by Entrada and MetaProp.
RealSage, a Canadian MF data intelligence platform, raised a $1.6M round co-led by Golden Section and Plug and Play.
News:
Millennials Switch From Renter-Majority to Homeowner-Majority. (Below)
Logical Buildings and Keyframe Capital announce $110M to install smart thermostats in NY and NJ.
Articles:
Nexus Labs’ “Decarb Roadmap.”
WSJ reports on the importance of digital twins.
The most climate-change-resistant cities, according to Savills.
‘Hit by ‘double whammy,’ proptech firms pivot to profitability.‘
More on millenial homeowners:
Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.