Project Etopia Corby Scheme

Deals round-up | Project Etopia, IOTAS, ZapFloorHQ

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Chloé Vaughan

Project Etopia, a company that provides energy-efficient modular homes and school buildings, has received £19m from UK property barons David and Simon Reuben.

The Cambridge-based company was founded in 2015 and has the ability to construct buildings in four weeks, with a capacity to produce 2,000 homes a year.

Work recently began on a modular commuter village in Northamptonshire, which will have 47 homes.


Nobroker.com Website

NoBroker.com, a home rental platform, has announced its $50m Series D funding round. Tiger Global Management led along with existing investor General Atlantic.

The Indian company aims to make purchasing a property easier by simplifying transactions and has no brokerage fees. With this funding round NoBroker.com has raised a total of $121m in equity funding. It comes four months after raising $51m in NoBroker.com’s Series C round.

NoBroker.com aims to expand its presence across the top 20 major Indian cities in the next three years.


IOTAS Product

Smart home hardware and mobile platform IOTAS has raised $8.5m in its Series A funding round led by TELUS Ventures. Liberty Global also participated, along with existing investor Intel Capital.

The Oregon-based company has now raised $17m since its inception, and the IOT-based company is set to use this funding to grow its ‘space-as-a-service’ offering, a platform for smart communities, and to grow into international markets.


Tom Celen, Founder Zapfloor

Tom Celen, founder Zapfloor

ZapFloorHQ, a startup that provides software that helps co-working spaces, has raised €1m from LeanSquare and angel investor Stefan Grosjean.

The Antwerp-based startup aims to change the way offices are managed. The platform for co-working spaces allows people to book rooms, report issues to the building manager, and communicate with others in the space. The customisable platform can be integrated with other hardware and software to enable smart offices.


Different Co Founders

:Different co-founders, Ruwin Perera left, with Mina Radhakrishnan

Australia-based property management startup :Different has announced a raise of $3.5m. Prominent Australian VC firm PieLAB led the funding. AirTree also participated.

The :Different app automates everyday tasks and has property managers who focus on consumer service. It also allows people to access documents such as lease agreements, statements and maintenance requests. The tenant version of the app helps to streamline requests and communications across the building.

Co-founder Mina Radhakrishnan: “The latest funding round will help us continue to rebuild property management in Australia and beyond. We’ve already had huge success since launching in Sydney and Melbourne and we’re thrilled to offer the same great product to Queenslanders.”


Celigo Product

Celigo, a platform which can pull together apps to tailor automation for businesses, has raised $20m in Series B.

The funding round was led by NewSpring and Blossom Street Ventures, along with repeat investor TVC Capital.

The cloud-based service allows businesses to create their own management platform by choosing pre-built apps.

The funds will be used to expand Celigo’s product development, fuel its global expansion and meet its surging demand.

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