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.
Nscale’s flagship UK data centre project is delayed due to grid capacity issues, with the company seeking alternative power solutions. The project, part of a $5bn funding-backed expansion, aims to provide Nvidia GPUs to clients like Microsoft.
Austrian ConTech startup Sodex Innovations raised €4 million to accelerate its automated surveying technology for construction sites, mines, and infrastructure projects. The funding will support international expansion and product development.
The Swedish Competition Authority has terminated its investigation into Hemnet, a real estate platform, regarding its premium product offering.
DAROCONSTRUCT SRL, a Romanian construction company based in Iasi, has been acquired by STRABAG, an Austrian construction group. The acquisition aims to strengthen STRABAG’s regional presence and leverage DAROCONSTRUCT’s local expertise and client relationships. The transaction is expected to finalize in late 2026 after regulatory approvals.