PT1 – PropTech1 Ventures completes first closing of its second fund for startup investments in transformative real estate technologies at €44 million
The independent venture capital platform for transformative real estate technologies PT1 – PropTech1 Ventures has completed the first closing of its Fund II, with a target size of €100 million. €44 million has already been raised in the first closing, which is more than three times the volume of the first closing of the first fund.
PT1 – Proptech1 Ventures wins further launch partners, including Commerz Real, for its second fund for startup investments in transformative real estate technologies
The independent venture capital platform for transformative real estate technologies PropTech1 („PT1“) has attracted further anchor investors as well as venture partners following the announcement of the start of fundraising for its Fund II. The first closing and thus the planned operational launch of the fund with a target volume of 100 million euros is scheduled for early 2023.
PT1 – PropTech1 Ventures launches fundraising of its second fund for startup investments in transformative real estate technologies with commitments and expressions of interest already totalling €30 million
Berlin, 29 September 2022 – The independent venture capital platform for transformative real estate technologies PropTech1 („PT1“) is starting fundraising for Fund II. Thanks to the renewed participation of numerous investors from the first fund as well as well-known new investors, the minimum threshold for a first closing totalling €30 million has initially been reached […]
NeoCarbon raises 1.25M EUR to reverse climate change by removing carbon dioxide from the atmosphere
NeoCarbon retrofits industrial cooling towers to remove carbon dioxide from the atmosphere, dramatically cutting costs and set-up speed of Direct Air Capture technology. The round was co-led by PT1 and Speedinvest with participation of Antler and angel investors.
WHITEPAPER: The Future of Work and its Impact on Real Estate by PT1 and PwC
If there is one good thing to say about COVID-19 is that it has had a catalytic effect on the acceptance of a new kind of work, having forced a flexible working era upon many sectors and companies. The persistent reservations against WFH – work from home – were simply wiped away by plain necessity. And many employees have gotten used to this new paradigm.
Beanstock raises €12M Series-A to expand its buy-to-let investment marketplace in Europe
Beanstock, the French buy-to-let investment marketplace, announced today that it has raised €12M in its Series-A funding round led by 360 Capital along with Entrée Capital, PropTech1 and FJ Labs, and existing investors Axeleo and Realty Corporation. Beanstock will use this investment to further grow its market penetration in France, invest in its technology and expand into new European markets.
FloodFlash raises $15 million Series A led by Buoyant Ventures and featuring Munich Re Ventures
FloodFlash, the parametric insurance technology company that pays catastrophic flood claims within 48 hours, today announced a Series A raise worth $15 million. The funding will be used for international growth, as the company targets the $58bn flood underinsurance problem.
PropTech1 Ventures closes oversubscribed €50 million fund to invest in real estate industry innovation
PropTech1 Ventures, the European venture capital fund for the untapped innovation potential of the real estate industry, reached its maximum fund volume of 50 million euros in the final closing and was even oversubscribed due to strong demand.
Enabling companies to implement flexible and hybrid work strategies globally: Why we invested in Desana
PropTech1 has observed the steady shift towards a hybrid working environment, prior to the Covid-19 pandemic. However, while we recognized the emerging trend, the speed in which the existing working habits were being broken up was rather slow, as mentioned in JLL’s July 2020 flexible space report.
WHITEPAPER: PropTechs and the ESG Factor
The construction and operation of real estate is the world’s largest contributor to CO2 emissions. Due to the combination of public pressure, EU regulations, capital market requirements, and customer demands, sustainability will become the megatrend of the next decades ahead.