MetaProp portfolio company Join announces $16M Series A to help construction project stakeholders empower better decision-making through collaboration.

Join, a decision-making platform for architecture, engineering, and construction closed a $16 million Series A round. The round was led by SignalFire and included participation from MetaProp, Ironspring Ventures, Building Ventures, and Standard Investments. The fresh capital, which brings the company’s total raised to $30 million, will be put toward “doubling down” on market expansion and expanding Join’s product, according to CEO Andrew Zukoski.

Other recent funding rounds include:
   • Ergeon - $40M Series B
   • Ever/Body - $55.5M Series C

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Select Financings.
Quext Raises $63M Based on $350M Valuation in Latest Round of Private Funding
Quext, a Texas-based technology company that offers a cutting-edge technology platform for the multifamily industry, today announced that it secured $63 million with support from a network of private investors. This fundraising round is based on a post-money valuation of $350 million and included notable technologists and innovators. Read More. exits stealth with $20M to help big lenders speed up making high-value loans
A startup called Able has built an engine to speed up the processing of documents and other data required for commercial loans (typically $100,000 but sometimes up to $100 million in value), which it sells as a service to banks and other lenders. Today, it’s coming out of stealth mode with $20 million in funding and a launch into the wider market. Read More.

Rayon Raises $2M in Pre-Seed Funding
Rayon, a Paris, France-based space design software provider, raised $2M in Pre-Seed funding. The round was led by Seedcamp, Foundamental, 20VC, and Kima. The company intends to use the funds to grow its team, refine its product and launch its offering in October of 2022. Read More.

Augmenta Emerges from Stealth Mode and Raises US$4.1 Million in Seed Funding
Augmenta, the company automating building design for the construction industry, today announced it has emerged from stealth mode with US$4.1 million in seed funding to bring to market its design platform for the construction industry. Read More.

UAE-based PropTech startup Huspy raises $37M round
Founders Fund has made its first investment in the Middle East by backing UAE-based PropTech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia Capital India. Read More.
What We're Reading.
Curbio Announces Hiring Plan to Expand Workforce Amidst Continued Growth
Curbio, Inc., a PropTech company providing fix now, pay when you sell pre-listing home improvement services to real estate agents and their clients, today announced that it will be expanding its workforce by 68% by the end of 2022. The announcement follows six months of tremendous growth for Curbio, beginning with the closing of a $65M Series B funding round in January 2022 and continuing with the organization's successful launch in six new marketsRead More.

Chris Moreno Joins Xeal as VP of Real Estate and Channel Partnerships
Xeal, a leading provider of electric vehicle (EV) charging stations and smarter technology for the multifamily industry, today announced Chris Moreno as vice president of real estate and channel partnerships. Moreno will engage with some of Xeal's largest enterprise clients, as well as oversee reseller and distribution relationships. Read More.

Redfin laying off 8% of its staff
Real estate company Redfin announced that it will lay off about 8% of its staff amid a downturn in the housing market. The booming housing market started cooling this spring, evidenced by the increased supply of new homes, a declining pooler of buyers, and rising mortgage rates. Read More.

Brookfield raises $15 bln for climate-focused fund
Canada's Brookfield Asset Management said it had raised $15 billion for its first impact fund focused on the global transition to a net-zero carbon economy. The fundraise comes at a time when investors and lawmakers across the globe have been questioning businesses about their environmental and social impact amid calls for companies to lower their greenhouse gas emissions. Read More.
What We're Listening To.
Strategic Partnerships In The PropTech Space
Zander Geronimos, Head of Strategic Partnerships and Business Development at MetaProp, chats with Matt Giffune, Co-Founder at MetaProp portfolio company Occupier, about the importance of partnerships in the PropTech space and the ideal goals and key aspects of a strategic partnership. Tune in for Zander's insights on how to position your organization to become a market leader, and to find out what his hidden talent is! Listen here!

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