Romanian real‑estate investment firm Novere Capital listed on the Bucharest Stock Exchange’s main market, aiming to grow its institutional‑grade portfolio to €100 million by 2028 while increasing recurring revenue and maintaining a prudent capital structure.
Swedish drone cleaning startup Cleean, based in Nacka, raised over ten million kronor from venture capital firm Veq after a strong start, but has been operating drone flights without the necessary permits from the Transport Agency, highlighting regulatory challenges in the fast‑growing sector.
In an interview, Robin Behlau, founder of the German startup Fuchs & Eule, explains the company’s journey through multiple strategic pivots, moving from an online real‑estate marketplace to becoming a digital energy partner for the real‑estate industry, and reflects on entrepreneurship during crises and the future of the building stock.
Swedish property billionaire Erik Selin is injecting tens of millions of kronor into Din Bostad, a new platform aiming to challenge the dominant Swedish property portal Hemnet.
Founded more than 20 years ago, HF Agency (formerly Husfoto) supplies photographs for property listings and now accounts for about one‑third of the images in Swedish real‑estate ads. The company says it has managed to grow and increase average earnings for its photographers despite a tough housing market, and it is now entering a new international market.
Dubai‑based proptech startup Huspy has expanded its European presence by launching a new data and AI centre in Malaga. The 500 m² hub will host a team that collaborates with more than 100 real‑estate agents, aiming to automate administrative tasks, improve property valuation and increase transparency in the buying‑selling process.
Dwelly, a UK‑based proptech startup founded in 2023 by former Uber and Gett executives, raised $170 million (including a $75 million debt facility) led by EQT Growth and General Catalyst. The capital will be used to acquire more letting agencies and embed its proprietary AI software to automate property‑management tasks, expanding its portfolio of 17 agencies managing about 15,000 properties.
Monumental, an Amsterdam-based construction tech company, raised $32M in Series B funding led by Khosla Ventures. The company uses autonomous robotics and AI to address labor shortages in construction, deploying over 150 robots across the Netherlands and UK. Funds will accelerate international expansion and enhance automation capabilities.
Stenon, a Potsdam-based startup, is highlighted as a company to watch in the Proptech sector.
Visibuilt, a Danish BioTech company developing mycelium-based construction binders, secured €3.34 million in Seed funding led by EIFO and Unconventional Ventures. The funding will accelerate market validation and industry testing of its low-carbon paving material, visiBINDER.