French startup Matera has announced that is has raised a new $43 million (€35 million) Series B funding round led by Mubadala Capital. Bpifrance, Burda Principal Investments as well as existing investors Index Ventures and Samaipata are also participating. The company is building a vertical SaaS for residential property management.
French startup Matera has announced that is has raised a new $43 million (€35 million) Series B funding round led by Mubadala Capital. Bpifrance, Burda Principal Investments as well as existing investors Index Ventures and Samaipata are also participating. The company is building a vertical SaaS for residential property management. In France, co-owners of the […]
Matera, a Paris, France-based proptech startup, raised €35M in Series B funding.
The round was led by Mubadala Capital, with participation from Bpifrance, Burda Principal Investments, and existing investors Index Ventures and Samaipata.
The company intends to use the funds to accelerate its European expansion, beginning with its launch in Germany this year.
Founded in 2017 by Raphael Di Meglio, Victor Prigent and Jeremy Krebs, Matera provides a platform and a team of experts that enables users to manage their building directly and technical issues.
4 years after its inception, the company has reached 3,000 buildings under management, 60.000 owners as customers and 200 employees. Matera has built a network of institutional and private partners, including CDC habitat, a large social landlord in France, and the real estate firm Bouygues immobilier. In addition, the company has grown its local presence with hires in Lyon and Marseille – and intends to repeat this model in
In today’s ExchangeWire news digest: Axel Springer are reportedly in talks to acquire Axios; second-hand e-marketplace Vinted are valued at USD $4.5bn after a successful funding round; and addressable TV is expected to see reach decline in spite of higher revenues.
Axel Springer reportedly in talks to acquire Axios
German media giant Axel Springer are eyeing a takeover of business and finance publisher Axios, according to a report published by The Information last Friday (21
st May). The new deal follows the floating of a merger between Axios and sports publisher The Athletic, which was abandoned in early May. It’s now understood that The Athletic are pursuing a deal with The New York Times.
Vinted, a Vilnius, Lithuania-based second-hand clothing and home goods marketplace, raised $303m in funding.
The round, raised at a post-money valuation of $4.5 billion, was led by EQT Growth, with participation from existing investors Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital.
The company, which has now raised at least $563.7m in funding, intends to use the capital to continue to expand operations and its business reach.
Founded by Milda Mitkutė and Justas Janauskas, Vinted is an online international C2C marketplace in Europe dedicated to second-hand fashion. The company grew from a local website into a mobile-first community of 37+ million people in 13 markets including France, Germany, Belgium, Spain, the Netherlands, Austria, Poland, Czech Republic, Lithuania, Luxembourg, UK, Italy and the USA.