Stenon Emerges as Notable Proptech Startup to Watch in Potsdam
Stenon, a Potsdam-based startup, is highlighted as a company to watch in the Proptech sector.
Proptech
Danish Biotech Startup Visibuilt Secures €3.34 Million to Scale Mycelium-Based Paving Materials
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.
UK Data Centre Delays Test Nscale’s £2bn Essex Expansion as Grid Capacity Becomes Bottleneck
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 Raises €4 Million for Automated Construction Site Surveying
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.
Swedish Competition Authority Closes Investigation into Hemnet’s Premium Product Offering
The Swedish Competition Authority has terminated its investigation into Hemnet, a real estate platform, regarding its premium product offering.
STRABAG Strengthens Romania Operations with DAROCONSTRUCT Acquisition
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.
Holidu Expands French Presence Through Gites.nl Acquisition
Holidu, a European vacation home platform, acquired Gites.nl to expand its French market presence and strengthen its position in the Netherlands. The acquisition adds 4,000 properties to Holidu’s inventory and integrates Gites.nl’s technology into Holidu’s systems.
Swedish Proptech Firm Placepoint Acquires Combify in Undisclosed Deal
Combify, a Proptech startup backed by Backing Minds and Bonnier Capital, has been sold entirely to Swedish company Placepoint. The acquisition price was not disclosed, but the valuation had significantly decreased before the deal.
German Startup Heimstatt Tackles Rural Depopulation by Connecting Municipalities with Young Families
Heimstatt addresses depopulation in rural German towns by linking municipalities with young families seeking to relocate.
Swedish Proptech Startup Dibz Reports Doubled Revenue as Co-Founder Steps Down as CEO
Dibz, a Swedish Proptech startup automating housing processes, reported doubled revenue to 34 million SEK. Co-founder Lovisa Qvarner is stepping down as CEO during the company’s growth phase.