Tag: Business Angels

  • Kaqtu raises capital from real estate industry

    Kaqtu raises capital from real estate industry

    Kaqtu has successfully completed a first round of external investments, the young company from the Zurich Oberland announced in a press release. According to a corresponding report on startupticker.ch, business angels from the real estate industry are providing Kaqtu with a total of around half a million francs. Kaqtu intends to use the capital to further develop its digital interior design assistant.

    With this, interested parties can digitally search for furniture, decoration, colors and wallpaper for individual rooms or the entire apartment. The digital setup assistant is free to use, but Kaqtu offers a number of paid packages for more personal advice.

    The young company is pursuing the goal of “digitizing the entire furnishing process and thereby enabling individual and beautiful living in every household,” writes Kaqtu in the statement. However, the company does not want to achieve this on its own, but rather in cooperation with partner companies in the furnishing market. The establishment of a corresponding network is therefore to be tackled in the current year. In addition, Kaqtu wants to invest part of the newly raised capital in marketing.

  • PriceHubble raises $ 34 million

    PriceHubble raises $ 34 million

    Zurich-based PriceHubble AG has successfully completed a Series B financing round. The proptech was able to raise $ 34 million from new and existing investors, according to a media release . It focuses on real estate valuations and property insights on the basis of big data analytics and artificial intelligence. This round was led by Digital + Partners . The internationally growing company received "significant investments" from Latitude Ventures , TX Ventures and Business Angels. It also met with great demand from existing investors, including Swiss Life and btov / Helvetia Venture Fund .

    This is one of the largest B rounds in the European proptech scene, said Dr. Stefan Heitmann, Co-Founder and Chairman of the Board of Directors of PriceHubble. CEO Julien Schillewaert considers it an "important milestone on the way to realizing our vision of becoming the undisputed market leader for data-driven digital solutions for the real estate and financial industries in Europe and Asia".

    For this, PriceHubble “with the combination of an excellent team, a mature technology-driven organization and a best-in-class UX, PriceHubbel is ideally equipped to continue to drive growth, to attract additional top talent and the go-to-market organization to scale internationally ”, says Patrick Beitel, co-founder and managing director at Digital + Partners.

    The company, which was founded in Zurich in 2016, is now active in nine markets: Switzerland, France, Germany, Austria, Japan, the Netherlands, Belgium, the Czech Republic and Slovakia. The B2B customer base has tripled in the past twelve months. It now consists of 800 companies.

  • Intelligent lighting convinces investors

    Intelligent lighting convinces investors

    LEDCity has secured 2 million francs in fresh capital as part of a financing round. A customer of the start-up and a group of business angels have invested, according to a media release. In addition to the financing by the investors, the company has also received a guarantee from the technology fund of the Federal Office for the Environment .

    LEDCity has developed a lighting solution that aims to reduce electricity consumption by up to 80 percent. The development is intended to replace classic motion detectors in commercial buildings. It uses up to 50 times more sensors on the same area. Algorithms also ensure that the lighting intensity is controlled automatically.

    With the fresh funds, LEDCity wants to enlarge its sales team in western Switzerland and at the same time expand to Germany. The start-up also wants to further develop its algorithms.