PropTech

The UK PropTech Association (UKPA) has called on the Chancellor to maintain investment in digitising the UK’s planning system, emphasizing its potential to drive economic growth and support the goal of building 1.5 million homes by 2029. As part of its Spending Review submission, made in collaboration with the British Property Federation (BPF), UKPA advocates for: Expanding the PropTech Innovation Fund to include planning system digitalisation and greater AI deployment. Increasing funding access for early-stage PropTech firms to address investment concentration in later-stage companies. Committing to bi-annual reviews of the...

London-based Coadjute has secured £10 million in funding, led by Lloyds Banking Group with £3 million, alongside investments from Nationwide, NatWest, and Rightmove. This marks the first joint investment by these major UK mortgage companies in a property technology firm. Coadjute, founded in 2017, has now received a total of £23 million in investment since its inception. The company focuses on digitizing and simplifying the UK housing market through its technology platform. It aims to connect all stakeholders involved in property transactions, including estate agents, conveyancers, mortgage lenders, buyers, and...

Inhabitr, a company revolutionizing commercial furnishing through cutting-edge technology, recently secured a significant boost with a $27 million Series B funding round led by Hamilton Ventures, a renowned investor in early-stage proptech firms. Great North Ventures, Wintrust Ventures, Nome Capital Partners, Inventus Capital Partners, KAAJ Ventures, FalconX, Chicago Early Growth Ventures, and other undisclosed strategic investors also contributed to the round. This funding marks a pivotal moment for Inhabitr as it gears up for accelerated growth and international expansion. So, what does Inhabitr do? Well, think of them as the...