Emoov launches Opendoor-style UK business

Matterport is due to go public in a massive $2.9bn deal this year. Taking a brief break from the mission to digitalise the entire built environment, James Morris-Manuel, MD of EMEA at Matterport, speaks to Karl Tomusk about what lies ahead.

Flexible workspace software provider essensys saw strong growth in its US business in the six months to January despite the pandemic’s impact on parts of its operations, the company said in a trading statement.

Following deals to list Matterport and Opendoor, VC Fifth Wall has raised $345m in the IPO of its first SPAC as proptech investors pile into the boom in ‘blank cheque companies’.

How would you spend $63m? Openpath’s founders are “on a tear” says James Segil, using their sizeable budget last year to add cloud-managed access control to 24m sq ft of space. Segil explains how they achieved that figure.

Finnish urban demographics forecaster CHAOS has announced the successful closure of a €1.5m funding round led by sustainability-focused Swedish investment firm Nidoco with angel investors Kai Keituri, Tapio Heikkilä, and Stefan Lindberg also participating.

Re-Leased, the cloud-based property management platform, has partnered with Azets, one of the UK’s largest accountancy and business advisory firms.

Nuuka, a Finnish proptech software company, has joined the Real Estate Core Consortium of companies and academics targeting the emerging market for connected buildings.

Reporting a host of new and repeat business wins, the company is now working with users including Taylor Woodrow, GMI Construction, McLaughlin & Harvey and Henry Boot Construction.

Proptech and destination marketing leader Toolbox Group has appointed two new managing directors as part of a restructuring to position the company for a post-Covid world.