Proptech News 02/21/2025
Top Proptech startups and businesses to watch in 2025, plus additional headlines - Asia Property Awards
The real estate industry is undergoing a tech makeover, with forward-thinking proptech startups bringing convenience to building management. These startups offer real solutions to everyday problems in property management and development, making everything from tenant access to financials more streamlined and efficient. As the year 2025 begins, realcommercial.com.au lists five key trends that are likely to shape Australia's commercial property market. Evolving AI tools are playing a growing role in identifying opportunities for efficiencies and optimizing building operations. With many buildings equipped with sensors and smart technologies, real-time data on systems and equipment offers significant potential for AI to analyze and optimize energy use. Ramya Ravichandar, Vice-President of Product Management, Smart Buildings & IoT, believes that tackling energy efficiency is the most tangible path to real estate decarbonization, but many building owners lack a clear roadmap. The value of AI lies in its ability to learn the energy demand patterns of building assets and optimize energy distribution
A Glittering Conclusion Of Realty+ Proptech, INEX & Flex Conclave & Awards 2025 - Realty+
The Realty+ Flex Conclave and PropTech Awards 2025, held at Novotel Mumbai International Airport, united leaders from the prop-tech, flex-space, and design industries to explore innovation and excellence. Industry stalwarts shared insights on topics like managed office spaces, scaling flex-space businesses, and AI's transformative role in real estate. Panels included discussions on leveraging data, new technologies for real estate planning, and young techpreneurs revolutionizing the field. The event culminated in a grand awards ceremony, celebrating excellence across flex-space and prop-tech domains. Notable winners included Table Space, 91 Springboard, and NoBroker Technologies for innovation and sustainability in workspace and property management. The awards also highlighted individual achievements, such as Karan Chopra of Table Space for leadership and Shweta Sawhney of Altre Digital for driving transformation. With a focus on technology, design, and collaboration, the conclave showcased the future of real estate, setting benchmarks for innovation and excellence in the industry.
Bailador leads $25 million Series A for real estate investment proptech - Startup Daily
Bailador Technology Investments has led a $25 million raise for PropHero, an investment property startup. The fund, which has invested $12.5 million, has supported PropHero, alongside existing investors AfterWork, Jelix Ventures, Samaipata, Fifth Wall, and Opera Tech Ventures. PropHero, founded in 2021 by Mickael Roger and Pablo Gil Brusola, is an AI-enabled platform that helps individuals’ source, purchase, and manage investment properties. The platform offers tailored recommendations for investors' budgets and financial goals, and acts as a marketplace for related services such as conveyancing, mortgage broking, renovations, property management, and insurance. The capital injection will be used to accelerate product development, expand the marketplace partner network, and support continued international expansion. PropHero operates in four countries and has over 2,000 clients, with $35 million in annual run rate revenue. Bailador cofounder David Kirk will join the PropHero board, stating that the property sector has been underserved by digital transaction solutions. The capital raise will enable PropHero to further invest in its AI capabilities and product roadmap to better serve its customers.
Bulgarian PropTech AIoTCloud Powers Up with a New Investment to Redefine Energy Management - The Recursive
Bulgarian Prop Tech AIoTCloud has closed a new investment round led by CleverPine Ventures, with participation from Shelly Group CEO Dimitar Dimitrov and VAS Pro CEO Blagoy Stoyanov. AIoTCloud provides a data-driven, AI-enabled energy management platform that simplifies energy optimization, cuts carbon emissions, reduces operating costs, and ensures compliance with regulations. The company targets industrial, commercial real estate, and renewable energy businesses, including Sofia Municipality, Delikates Zhitnitsa, Kitchen59, Networking Premium, and Uncle Charly. The investment amount is €750,000, with funding so far at €1 million. The company's unique approach combines deep industry knowledge with advanced technology, positioning it as a challenger in the rapidly growing PropTech space. Strategic investors aim to bring a combination of software, hardware, and business operations expertise to ensure AIoTCloud's solutions are technically robust and commercially impactful. The company's specialty is hardware-agnostic energy management that leverages existing infrastructure to optimize performance without costly overhauls. The business model is a SaaS platform offering energy management solutions with actionable insights for cost and emissions reductions.