This Week in Proptech - August 6, 2021
This week in proptech, $579 million was invested in real estate technology companies. Globally, 26 companies announced funding rounds at a median of $5.6 million. Investments in real estate tech ranged across a handful of sectors, including industrial, smart home, construction, office, and residential.
Notable Rounds
On August 3, 2021, Plant Prefab raised a $30 million Series B co-led by Asahi Kasei and Paris Ventures with investments from Amazon Alexa Fund, Obvious Ventures, Anchor Capital Advisors, Highwater Capital Group, and 6 other investors.
On August 3, 2021, NavigatorCRE raised a $17.2 million Series A from Fulcrum Equity Partners.
On July 30, 2021, Wyze Labs raised a $110 million Series B from American Family Ventures and Marcy Venture Partners
Driving Headlines in Proptech
FUNDING - CONSTRUCTION TECH
Infra.Market gets funding at $2.5-billion valuation, eyes acquisitionsNEWS - REAL ESTATE TECH
Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera productsFUNDING - REAL ESTATE TECH
Homebuilder Plant Prefab nabs Series B funding, eyes 3rd factoryFUNDING - CRE TECH
NavigatorCRE plans UK debut with £12.5 ($17.2) million fundraiseFUNDING - REAL ESTATE TECH
Property platform Ohmyhome raises US$5m in extended Series A roundFUNDING - CRE TECH
After a record year, Italian startup Enerbrain secures €5.2M to make buildings more energy efficientFUNDING - CONSTRUCTION TECH
Buildots raises $30M to put eyes on construction sitesNEWS - REAL ESTATE TECH
Moderne Ventures closes second fund with $200M, targets industry digital transformationFUNDING - REAL ESTATE TECH
Proptech startup Rentable secures $22M in Series B fundingNEWS - REAL ESTATE TECH
Proptech Company Social Construct Shutting DownNEWS - REAL ESTATE TECH
ETFMG plans new Housing Market ETF to track so-called 'proptech'