#Notable 100m series iconiq growth software#

Shadow Ventures is launching a new early stage funding option in the form of crowdfunding targeted specifically at PropTechs.

#Notable 100m series iconiq growth software#

Spacemaker, which has developed artificial intelligence supported software for urban development, is being acquired Autodesk for $240 million in a mostly all-cash deal. Overall, the company has raised at least $6.4 billion so far. Vacation rentals giant Airbnb is expected to have its IPO by the end of the year. home insurance technology company Hippo Enterprises gets $350 million of growth funding from Mitsui Sumitomo Insurance Company. More details are available here.įinland-based Kodit.io, a real estate data platform powered by machine learning, has raised €100 million in a combination of equity and debtfunding. long term) and post-COVID demand (reduced vs. The report also contains a depiction of PropTech areas of opportunity arranged by trends (short-term vs. A US PropTech funding forecast covers three scenarios ranging from $10.9 billion to $17.2 billion in 2021. SPACs have raised more money than last year. After a dip in the first quarter of the year, investment recovered quickly in the second quarter. M&A activity has also picked up again. Sector performance post-COVIDĪ study of the economic impact of COVID looks at number of industries related to the financial sector, including PropTech. Major areas being addressed by ConTechs include project conception (for instance through site proposals or construction loan financing) as well as design and engineering (for example through specification development or quality assurance). A new article identifies four typical challenges of construction projects: high fragmentation, poor communication, a lack of data transparency, and a shortage of skilled labor. Who will build your workplace?Ĭonstruction is a $1.3 trillion industry in the United States alone. The PropTech ecosystem can only benefit from thriving European VC investors. The average investment size in Europe is about 6 times smaller ($8-10 million) than the global average ($50-60 million). This is hardly surprising, as the untapped market potential at the interface between venture capital and real estate is obvious in Europe: While 12-14% of all VC investments globally go to PropTechs, in Europe this figure is only 6%. One indication is that European PropTech investor PropTech1 Ventures is obviously meeting with a lot of approval in the real estate industry as the operational investor team is being further expanded: PropTech1 is looking for an additional partner and investment principal. It’ not only because of the digitalization push triggered by the Corona Pandemic that 2020 will be the year in which the topics PropTech and ConTech will once and for all become essential. While they are focused on Greater London right now, they are currently raising funds to expand to new geographies. Through one mobile app members can book a desk for the day or meeting rooms by the hour anywhere within the WorkClub network of work near home coworking. WorkClub is a third option – a workspace-as-a-service platform linking remote professionals with neighborhood coworking clubs. Most conversations today focus on the choice between home and office. The article also cites statistics that the two biggest struggles of remote workers are “collaboration and communication” and fittingly ex aequo “loneliness”. A recent article looks at four of them: technology-first building management, more low-touch and touchless environments, more flexibility on employee in-office hours, and more intentional team building & connecting. Some trends intensified by the pandemic are here to stay, likely for decades. While you may return to the office, not everything will be as it once was.