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Real estate developer turned prefab home builder Veev closes on $400M in fresh funding

TechCrunch

Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.

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Mudafy raises $10M in Founders Fund-led Series A to fix LatAm’s ‘broken’ real estate process

TechCrunch

Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. It claims that it is doing more than 100 real estate transactions per month and is currently originating over 50% of the mortgage loans for its customers. .

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Generative AI is building the foundation of proptech’s next wave

TechCrunch

Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on real estate tech, blockchain, AI and sustainability. We believe this represents a significant opportunity for real estate tech entrepreneurs.

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Fresh from new round, Egypt’s proptech Nawy plans full-suite offering

TechCrunch

Nawy is now set to introduce in its catalog a mortgage service for pre-owned property, to serve a market that is predominantly shunned by traditional lenders. If you go into the resale market, it’s primarily cash. That would kind of complete the suite of what we do — by offering core real estate products,” said El-Beltagy.

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Is SaaS dead? Not quite, but it’s evolving rapidly

CIO

But with recent financial market turbulence, the rise of AI, and buyer consolidation impacting todays market, some have started asking: Is SaaS dead? Public SaaS companies have seen their valuations compress, with small-cap SaaS significantly underperforming broader market indices in 2024. AI: Disruption or evolution?

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Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round

TechCrunch

La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. Like the US, a two-tier venture capital market is emerging in Latin America. Image credit: La Haus.

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Accounting firm Proper banks $9M Series A to automate property management

TechCrunch

“Property managers don’t often come from an accounting background — usually they have a real estate license, so that lack of expertise can put them in a position where they can’t scale their portfolio, or if they try to, things break.”. He spent time with small business owners using Proper and said its product has a good market fit.