What Matters This Week - 7.5.25

Big round for low carbon cement and Bilt a Decacorn?

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

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Fundings:

• TerraCO2, a low-carbon cement co, raised a $124.5M Series B led by BEV.

• KlutchAI, project mgmt for construction, raised an $8M seed round led by Bain.

• CivRobotics, a robotic survey company, raised a $7.5M Series A led by Alley Corp.

• Solarix, a Solar Facade Technology company, raised €5.5M led by VP Capital.

• Tibo, a Dutch Energy management platform for CRE, raised €6M led by Kompass.

• Utopi, a Scottish MF sensor technology, raised a £5M round led by SNIB.

• Flipspaces, an Indian interior design VR platform, raised INR 500M led by Asiana.

• Woodchuck, a construction wood waste recycling co, raised a $3.75M Seed round.

• PROPCORNAI, a German property analysis platform, raised €640K led by FFG.

News:

• Bilt, a rent rewards company, is raising new funding at a $10B valuation. ($)

• Real Brokerage acquired FlyHomes home-search technology.

• ICONICS merges with Mitsubishi Electric to offer sustainable building solutions.

• HOTEL101 Global, a Singaporean hospitality platform, is now listed on NASDAQ.

Articles:

• PropTech in Affordable Housing (Commercial Observer $)

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

• Homebuilder reviews Panasonic's new HVAC system (Rate It Green)

• Article Summaries:

  • ‘0-$5M: How to Go From Random Wins to Repeatable Revenue’, ‘Capital Intensity Isn't Bad’, and ‘You Don’t Need More AI. You Need a Better Spoon’.

Listen:

• Andrew Ackerman on PropTech Investing.

Long Reads:

• Smart Buildings in 2025 by Netguru.

Top Tech Read of the Week:

• 0-$5M: How to Go From Random Wins to Repeatable Revenue.

Check this out:

Source: @FreepikAI

PropTech Talent:

• Featured Job - Director of Construction Management @ Dandelion Energy (CO)

• 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.