Versatile Natures team

Deals round-up | Versatile Natures, Residently, Danamica

Construction technology company Versatile Natures has raised $5.5m in a funding round led by Robert Bosch Venture Capital. Other investors in the round included Conductive Ventures, Root Ventures, and angel investors Leigh Jasper and Rob Phillpot, co-founders of cloud-based collaboration company Aconex.

Versatile Natures is an IoT sensor-based software platform for construction sites. It uses AI to provide insights and collect data on crane utilisation, material location and consumption, construction progress, and redundancies.

It is currently used on construction sites across the US.

The firm will use the investment to expand across North America and grow its teams in San Francisco and Tel-Aviv.

Tom Allason Residently

Residently CEO Tom Allason

London-based startup Residently, a rental platform that also offers a property management service, has raised £7m in seed investment.

This funding round was led by VC firms Felix Capital, LocalGlobe and AO Proptech, along with investment from its existing angel investors.

Residently offers tenants the opportunity to search for properties, arrange viewings, take virtual tours, fill in forms and submit reference checks through their phone. It also sets up broadband, and organises moving services and cleaning which is all manageable via Residently’s app.

The startup is set to use the funding to grow its platform, and expand its product, engineering, and business development teams in London and Manchester.

Danamica Founders Mads Westberg And Rune Larsen

Danamica Founders Mads Westberg And Rune Larsen

Danish machine learning and pricing startup Danamica has been acquired by Indian-based hotel management company Oyo for an undisclosed sum.

The deal allows Oyo to use Danamica’s technology to adjust its prices in accordance with supply and demand. Danamica’s data and business intelligence collection will also help Oyo to further its database and improve its offering in Europe.

Oyo, which was founded in 2013, is backed by VC giant Softbank, and recently raised $2bn of investment from founder Ritesh Agarwal through a share buyback.

Mews Team

The Mews team

Mews, a hotel technology company, has raised $33m in Series B funding led by global investment firm Battery Ventures.

Battery principal Sanjiv Kalevar has also joined Mews’ board of directors, and Battery general partner Michael Brown has joined as board observer.

The platform which Mews offers allows for the creation of more revenue channels and marketing for hotels, whilst also offering additional flexibility for its guests.

Mews is set to use the investment to improve its hotel operations and enable technology companies to find solutions to refine the hospitality experience. The company is also set to grow into the US and launch a New York City office.

Tera Funding Ceo TaeYoung Yang

Tera Funding CEO TaeYoung Yang

Peer-to-peer lending platform for developers Tera Funding has raised $18.2m (£15.1m) in its Series B funding round.

The Seoul-based startup gained funding from investors KB Investment, Hana Ventures, Industrrial Bank of Korea, Union Investment Partners and Woomi Construction.

Existing investors SBI Investment, Atinum Investment and Redbadge Pacific also joined the funding round.

Tera Funding provides access to funds as an alternative to traditional lenders and allows companies to raise funds.

Howsy Team

Howsy Team

Automated property management platform Howsy has raised £5m in its latest investment round.

Funding was led by Skybound Capital, a London based global wealth management business.

This investment is to be used to secure management hires and accelerate its technology pipeline.

Howsy, which was established in 2016 as NoAgent until its reband last year, provides end-to-end property management for UK landlords, including finding tenants and maintaining properties.

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