DEALS | Facilio’s maintenance software nets $35m

A US startup that seeks to make commercial real estate ownership accessible to small business owners, has hired two industry veterans in a drive to become a “true institutional investor”.

A company piloting hydrogen production in buildings has raised $30m to decarbonise heating systems that have few renewable options.

RenoRun, a Montreal-based e-commerce site for the construction industry, has raised $142m in new funding as investors target possible solutions to global supply chain constraints.

The flexible workspace software provider has appointed James Lowery, co-founder of British Land’s flexible workspace brand Storey, as CEO for the UK and Europe.

OfficeSpace, a workplace management platform, has received a $150m strategic investment from Vista Equity Partners as hybrid work needs prompt a rush for problem-solving software.

In its first deal since going public, WeWork has agreed to acquire Texas-based flexible workspace provider Common Desk.

Security systems that understand human behaviour remove both hours of manual work and false alarms, startup Ambient.ai has said after raising $52m.

Divvy Homes, a company that seeks to make homeownership more accessible with its rent-to-own product, has appointed a Blackstone managing director as COO months after securing a $2bn valuation.

Riding a wave of demand for location data in the wake of the pandemic, the analytics startup raised $100m in Series C funding, hitting a valuation of $1bn.