What Matters This Week - 7.12.25

Bilt being a decacorn is a big deal!

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

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Fundings:

• Bilt, a rent payment credit card company, raised $250M at a $10.75B valuation led by GID.

• Huspy, an Emirati resi marketplace, raised a $59M Series B led by Balderton.

• SteadyEnergy, a Finnish sustainable heating solutions co, raised €32M led by 92 Capital.

• Dextall, a prefab construction platform, raised a $15M Series A led by Essence.

• AirGarage, a parking mgmt tech co, raised a $23M Series B led by Healthline.

• Parspec, a construction supply chain platform, raised a $20M Series A led by Threshold Ventures.

• Woba, a Brazilian flexible office marketplace, raised $13.5M led by Bewater.

• Solarock, a French solar panel co, raised €7M led by Pale Blue Dot.

• RoofMarketplace, a roofing marketplace, raised a $7M Series A led by Wingra.

• TribePropertyTechnologies, a BMS for MF, raised $5.75M in Public Offering.

• Cohabit, an Australian MF mgmt platform, raised $1.2M via private investors.

• Roomz.rent, an Egyptian co-living platform, raised a pre-seed led by Qora71.

News:

• Stewart (NYSE: STC) acquires BatchLeads and BatchDialer via PropStream.

• Rocket acquires Redfin at $1.8B valuation.

• Africa’s Nawy acquires majority stake in Dubai’s SmartCrowd.

• India’s Incuspaze acquires property mapping co - VSKOUT.

• Dubai’s Unique Properties invests $20M in AI Realtor.

• Dubai launches PropTech Hub dedicated to RE tech innovation for the region.

• Crypto.com to virtually sell Dubai properties.

• Omnidian, a resi solar installation company buys stake in Sunnova for $7M.

• India’s 'Open Hotels' introduces remote-operated virtual receptionists.

• WCAS acquires majority stake in construction risk mgmt platform - AIA Contract Documents.

• French 3D Virtual Tour platform - Versity, enters liquidation.

• ATechX announces its second cohort: CQuel, Garentii, Super Polymer, Temperate, and XNomad.

Articles:

• How I Underwrite Founders and Opportunities: Part 2 (The Daniel Dart Board)

• Article Summaries:

  • Smart Buildings in 2025: The Hidden ROI of ESG-Driven PropTech, Mastering ChatGPT: Advanced techniques for workplace communication and productivity, Hyper-Intelligent Buildings Will Power the Next Metaverse, Part 1 & 2 of ‘How I Underwrite Founders and Opportunities’, and How AI Companies Will Build Real Defensibility.

Top Tech Read of the Week:

• How AI Companies Will Build Real Defensibility (NfX)

Check this out:

Source: @TheFactVenture

PropTech Talent:

• Featured Job - Principal Project Manager @ Polly (Remote, USA)

• Looking for a role in PropTech or looking to hire someone? Check here.

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Thanks for reading! If you think I missed something important, send me a note and I’ll get it in next week’s edition.