Dear MetaProp Community,

We are pleased to present to you our latest report, a deep dive into the current state of PropTech in China. This piece is a follow-up to our 2017 research paper An Introduction to PropTech in China.

This PropTech report reviews valuable insights, including: 
  • Understanding PropTech in China
  • Factors driving Real Estate Innovation in China
  • Cross-Border PropTech Opportunities 
  • Trends on the Horizon
  • China PropTech Leaders Insights
Make sure you get access to all these insights and more by downloading this report available exclusively to the MetaProp Community. 

 Higharc Raises $21M Series A Led by Spark Capital
Higharc, the all-in-one homebuilding platform for design, sales, and construction, recently announced that it has raised $21M in Series A funding, led by Spark Capital. Higharc will use the capital to expand and scale its current offering to meet the growing demand for solution-based software in the industry. Read More.

Solidia Technologies Closes $78M Fundraise and Names Bryan Kalbfleisch CEO
Solidia Technologies, a 13-year-old low-carbon cement and concrete company, has raised $78M in new funding. Imperative Ventures and Zero Carbon Partners co-led the round, joined by the Canada Pension Plan Investment Board, Breakthrough Energy Ventures, Prelude Ventures, and PIVA Capital. Read More.

 Actuate Closes $8M Series A Round Led by Tribeca Venture Partners to Enhance Its AI Software for Smart Security Cameras
Actuate, a New York-based maker of automation and intelligence software for security camera systems, raised $8M in Series A funding. Tribeca Venture Partners led the round and was joined by investors including Scribble Ventures, OCA Ventures, Context Ventures and Bling Capital. Read More.

Firstbase Raises $13M To Help Companies With Remote Work
Firstbase, a New York-based provisioning platform for offices, raised $13 million in Series A funding. Andreessen Horowitz led the rounds, and was joined by B Capital Group and Alpaca VC. Read More.

Arturo Raises $25M in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties
Arturo, a Chicago-based provider of physical property analytics, raised $25M in Series B funding. Atlantic Bridge Capital led, and was joined by RPS Ventures and insiders Crosslink Capital and IAG Firemark Ventures. Read More.

AI-Powered Construction Project Platform OpenSpace Nabs $55M
OpenSpace, a four-year-old, San Francisco-based platform that helps construction companies track building projects through AI-powered analytics and 360-degree photo documentation, has raised $55M in a series C round of funding led by Alkeon Capital Management. Read More.
 WhyHotel Announces New Pop-Up Hotels in Miami and D.C.
WhyHotel, a hospitality platform, and operator, today announced that Miami and D.C. will be the latest hosts for its signature pop-up hotel model. Each pop-up hotel location will operate 100+ units and will be open to guest bookings during the initial leasing process. Read More.

 Houston to Add Hundreds of New Affordable Homes Backed by Bonds
Houston could get a big infusion of new affordable housing thanks to a $112M bond issued by the Uptown Development Authority. PadSplit is part of the rise in single-family rental homes, which some experts think offers opportunities for multifamily developers to help address the affordability crisis. Read More

 Pacesetter Awards: PadSplit Inc. Is a Win-Win Platform
PadSplit, founded in 2017, is the fastest-growing company in the residential real estate category and the 16th fastest-growing category in the overall 100 Pacesetter Awards list this year. Read More.

CoStar to Buy for $156M
CoStar Group is edging further into the world of residential real estate with its latest acquisition. The data giant announced Wednesday it had reached an agreement to buy residential listing platform for $156M in cash. Read More.

U.S. Housing Market Is Nearly 4 Million Homes Short of Buyer Demand
The U.S. housing market is 3.8M single-family homes short of what is needed to meet the country’s demand. The estimate represents a 52% rise in the nation’s home shortage compared with 2018, the first time Freddie Mac quantified the shortfall. Read More.
Aaron Block moderates the panel Communications Requirements for a Flexible Return to Work Environment
Return to work is coming quickly and building owners need to be ready. What are the most basic needs for properly managing the flexible work environment that people will find when they go back to the office? How will Cybersecurity, Tenant amenity platforms, and remote work situations be handled and what are your needs to run all of this? Find out here.

Senior Computer Vision Engineer
AREN is an AI-powered platform for infrastructure asset management. We're looking for a Senior Computer Vision and Artificial Intelligence Engineer who is an expert with backend technologies but can operate at full-stack capacity if needed. For more, click here.

VP of Engineering
We are looking for a VP of Engineering to lead the growth of our highly collaborative team. Avvir is solving some of the toughest problems in construction by providing detailed, reliable quantification of progress and evaluation of quality for large construction projects. For more, click here.

Head of Finance
VergeSense is building an easy-to-deploy space utilization & sensing platform that helps real estate professionals monitor foot-traffic within buildings. Data from our platform is used to improve building layout & design, execute dynamic workforce strategies, and reduce energy costs. For more information, click here.
For other hot positions in PropTech visit MetaProp's portfolio job board.
October 4-6, 2021 | Mandalay Bay | Las Vegas
Blueprint 2021
Registration is now open for Blueprint's inaugural real estate technology conference with special discounts available to the MetaProp community. Register here!

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