What Matters This Week - 9.17.22
Big deal for Verkada and some solar acquisitions.
What Matters This Week - articles, news, and fundings that mattered this week in PropTech. No hype or marketing.
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Fundings:
Verkada, a maker of building security tools, raised a $205M D round led by Linse.
PearlX, a solar installer for MF rentals, raised a $70M B round led by Lombard Odier.
Kojo, a construction supplies platform, raised a $39M C round led by Battery.
Codi, a flexible office rent platform, raised a $16M A round led by a16z.
Frontdesk, an STR property management startup, raised a $13M B round led by Stormbreaker.
Modulous, a prefab MF design and construction platform, raised an $11.5M A round led by Sustainable Future.
Kterio, an IoT-driven commercial and industrial PMS, raised a $10M round led by Round Hill.
Transaera, an energy-efficient AC unit developer, raised a $4.5M Seed round led by EIP.
Valve, a platform connecting brokers with companies in need of flexible workspaces, raised a $4.5M Seed round led by Project A.
Far Homes, a US transaction portal for Mexican homes, raised a $2.25M round led by PSL.
Arbonics, an Estonian carbon income estimation platform for landowners, raised a €1.8M pre-Seed led by Plural.
NeoCarbon, a Berlin developer of retrofit CO2 capture for industrial cooling towers, raised a $1.25M Pre-Seed round co-led by PropTech1 and Speedinvest.
News:
XL Fleet acquired resi rooftop solar operator Spruce Power from HPS.
FotoNotes acquires SiteCapture, a resi solar field operations platform.
Adam Neumann handed over part of property holdings to fund startup (WSJ).
Envoy acquired Worksphere, a hybrid workspace management platform.
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