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.
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.
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.
