News

Spanish industrial IoT start-up secures €3m in venture capital

Witrac, a start-up specialising in Industrial Internet of Things (IoT) solutions for manufacturing and logistic companies, has secured $3.3 mln (€3 mln) of funding in an investment round led by Goldacre Ventures and Mundi Ventures, firms which also sit on the Spanish start-up’s board.

Proptech Consorto links up with German platform to drive growth

Amsterdam-headquartered proptech platform Consorto has inked a cooperation deal with German commercial real estate site ImmobilienScout24 Gewerbeflächen, as of January 2020.

Architrave appoints new CTO as growth continues

Berlin-based proptech firm Architrave has appointed Martin Rothenberger as its new chief technology office (CTO).

Savills promotes Bouterse to head of Workthere Europe

Workthere, Savills flexible office specialist, has today announced the promotion of Ed Bouterse to head of Workthere Europe.

Coyote signals proptech growth as firm comes of age

Growing prop tech company Coyote has celebrated its second anniversary with a raft of new companies adopting its deal pipeline and asset management platform.

HqO has plans to double the size of its team by the end of 2019, opens in Paris and London

Samuel Warren will lead UK operations for HqO, serving as managing director, UK and be responsible for building a team in London. Julia Paolucci takes on the managing director role for France.

EUROPEAN PROPTECH COMPANY CONSORTO RAISES €500,000 SEED ROUND

European proptech start-up Consorto, which has offices in the Netherlands and Estonia, has raised seed funding of €500,000.

M7 leads $2.3m investment in commercial real estate startup Jasper

Jasper (jasper.io), a proptech company providing access to high-quality commercial real estate investment opportunities, has raised funding from M7 Real Estate, the pan-European investment and asset manager with €9bn of assets under management.

Henley leads $5m Series-A investment into Lavanda

Lavanda, the pioneering technology platform enabling institutional real estate portfolios to profit legitimately from Airbnb-style homestays and homesharing, has secured a $5 million Series-A round led by Henley Ventures, the venture arm of global private equity real estate investor Henley Investments.

Skanska partners with Innogy to invest in proptech firms

CEE-headquartered Skanska Commercial Development Europe has formed a partnership with German energy company Innogy to invest in and mentor property technology start-ups.