Sharry lands five-office Czech deal

Global VC Pi Labs has kicked off its 2023 Growth Programme, backing five early-stage start-ups that have developed technological solutions that are expected to positively impact the way businesses and societies interact with the built world.

The building technologies supplier has partnered with property company Sellar to deliver a smart-enabled user experience platform for occupiers of the development at the heart of Paddington’s regeneration.

What do you see as the purpose of environmental, social and governance? Luke Cross of Social Invest unravels the latest communications trends around ESG.

The VC firm has hired Alok Sindher as partner to tackle decarbonisation in infrastructure as part of its climate business.

The VC firm completed the first close of Fund II, which has a target size of €100m to invest in real estate innovation.

The world’s largest international real estate event will debut a 4,300 sq ft area dedicated to practical methods for decarbonising the sector when it returns to Cannes on 14-17 March 2023.

The developer has dropped plans to take a proptech company public via a blank cheque company, citing what it believed to be unsustainable startup valuations.

Taking a cautious approach to investment, VCs invested $19.8bn in real estate innovation globally this year, down from a record-setting $32bn in 2021.

One year ago, the proptech market eagerly awaited another 12 months of high investment and adoption. Now, facing economic jitters and tightening purse strings, the sector is coming to terms with a gloomier outlook – alongside continued optimism.