Proptech searches for a new buzzword after stocks get kicked to the curb
Crain’s New York
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Crain’s New York
Proptech needs a new name.
Crunchbase
Andreessen Horowitz and Tiger Global led the way last month in investing in U.S.-based startups—both in total rounds participated in, as well as rounds led or co-led.
manley
Every year, $320 billion worth of partition walls are thrown out worldwide. JUUNOO, a Belgian startup taking the lead in circular building and construction, completed its Series A Financing round in Europe with a total capital increase of $3.8 million (supplemented by $3.2 million in additional loans and grants). The company now makes its way to the US.
Business Insider
Fifth Wall is the world’s largest real-estate-focused proptech VC, and has made its first metaverse investment in a startup called Parcel.
TechCrunch
If you had told me that this week I’d learn about a fence-building company that employs 350 people and raised a total of $53 million, I’d ask you to pass the bong, because I want some of what you’re smoking. But that’s exactly what Ergeon has been stealthily building over the past 4 years. It just launched in Georgia, in addition to Texas and California, and recently closed a Series B funding round.
Businesswire
Parcel, an NFT marketplace for virtual real estate, has raised $4 million in a seed round led by Framework Ventures, a venture capital firm known for its early entry into Web3 and decentralized finance (DeFi). Additional participants in the round include Fifth Wall, Blizzard Fund (Avalanche), AVIV Group (Axel Springer), AppWorks, Great Oaks, and Serafund; as well as an impressive roster of angel investors including Aaron Wong (SoftBank), Sebastien Borget (The Sandbox), and Santiago Santos.
Syncaroo
Alongside some powerful upgrades to their data-syncing integration, Upflex have become the first platform to start offering Sign Up with Syncaroo. …
Business News Australia
Property intelligence platform Archistar has secured $11 million in funding and announced its first acquisition amidst plans to deploy its technology – already used in Australia by the likes of Stockland (ASX: SGP) and Mirvac (ASX: MGR) – in the United States.
PR Newswire
Knock, the fast-growing fintech company that makes all homebuyers Power Buyers, announced today the closing of its previously announced $220 million funding round. In addition, the company announced that it has expanded its board, adding Ian Sigalow, Co-Founder and Managing Partner of Greycroft, and David Garland, Managing Partner of Second Century Ventures, the venture capital arm of the National Association of RealtorsⓇ.
GlobeSt
A slowdown in tech hiring could have a big impact on the overall office market, according to one industry watcher.
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