Innovative startup joins HORNBACH Group: HORNBACH Baumarkt AG acquires Seniovo, the market leader for barrier-free bathroom conversions
HORNBACH Baumarkt AG is taking over Seniovo, a Berlin-based startup specializing in barrier-free bathroom conversions, as of December 1. The DIY retail group is thus successfully acquiring the market leader for this range of services.
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.
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.
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.
