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São Paulo’s QuintoAndar real estate platform raises $120M, now valued at $5.1B

TechCrunch

New investors Greenoaks Capital and China’s Tencent co-led the round, which included participation from some existing backers as well. Ribbit Capital led the first tranche of its Series E. evolve into a one-stop real estate shop that also offers mortgage, title insurance and escrow services. Its long-term plan is to ??evolve

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Groundfloor steps up its real estate debt crowdfunding platform with fresh capital

TechCrunch

Crowdfunding has become an increasingly popular way for companies to raise capital, and investors are taking notice. Groundfloor , the first real estate crowdfunding platform to gain regulatory approval, announced today that it raised its first round of institutional capital since 2015.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. Low interest rates mean more purchases and refinances.

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Side raises $150M at $1B valuation to help real estate agents go it alone

TechCrunch

Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, announced Monday that it has raised $150 million in Series D funding. 9 top real estate and proptech investors: Cities and offices still have a future.

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

(November 21, 2023) – Last week, the New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio.

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Feedback Ventures Invests, Elevates Soho.com.au to $20M Valuation

AsiaTechDaily

Register Soho.com.au , an AI-powered real estate discovery app, has secured a $750,000 equity investment from Singapore-based proptech venture capital firm Feedback Ventures. Since its launch, the app has gained traction, with over 35,000 properties listed and more than 1,000 real estate agents actively using the platform.

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NJEDA Board Approves Creation of the Atlantic City Revitalization Grant Program

American Entrepreneurship

Over $19 Million will Support Capital Projects to Improve Local Neighborhoods TRENTON, N.J. December 14, 2023) – The New Jersey Economic Development Authority (NJEDA) Board today approved the creation of the Atlantic City Revitalization Grant Program.

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