What Matters This Week - 7.29.23

First close for A/O and an acquisition for Boom.

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

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Fundings:

• Site Technologies, a property intelligence platform, raised a $10M round.

• Inspectify, a property inspection SaaS, raised a $5.7M round led by Fundrise.

• Licify, a Colombian procurement ConTech, raised a $3.4M Seed round co-led by Brick & Mortar and Accion.

• Altre, an Indian CRE B2B fulfillment marketplace, raised a $1M Pre-A round.

• InovaReal, an Austrian resi transaction platform, raised a €250K Pre-seed round.

News:

• A/O PropTech had a close on their €250M Fund II.

• Rent reporting startup Boom acquired Alpaca.

• Belgium’s BESIX Group invests in Berlin-based PropTech1 Ventures.

• Sonder proposes reverse stock split to stay listed on Nasdaq.

Articles:

• Smart glass startup View “at death’s door.”

• PropTech Cool This Hot Summer as M&A Activity, Funding Ebb.

• Clean-concrete startup’s recent funding trends.

• How Cities Like New Orleans Blend Smart-Building Resiliency With History.

• PVcase Shares Pitch Deck Used To Raise $100M.

Long read:

• Houlihan Lokey’s PropTech Market Update 1H 2023.

Top-tech read of the week:

• The State of U.S. Early-Stage Venture & Startups: 2Q23 by AngelList.

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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.