Safehub Raises $9 Million Series A to Make Every Building an IoT Device for Assessing Earthquake Damage Remotely
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The Company will use the capital to augment its growth and scale globally, based on demand from multinational organizations SAN FRANCISCO (PRWEB) April 27, 2021 San Francisco-based Safehub, which builds sensors and analytics software to deliver real-time, building-specific earthquake damage information, has raised $9 million of Series A financing led by A/O PropTech, Europe’s largest proptech VC, headquartered in London. Additional backers are Hannover Digital Investments (HDI Group) and JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Existing investors Fusion Fund, Ubiquity Ventures, Promus Ventures, Bolt, Blackhorn Ventures, Maschmeyer Group Ventures, and Team Builder Ventures also contributed to the round.
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| Updated: 2:08 p.m.
Furniture is shifting, glass is breaking, kids are freaking out.
Take note of which objects are liable to fall? Are bookcases secured to walls? Where are the safest spots for you and your loved ones to reach?
Take a deep breath and keep looking. Imagine it’s nighttime. Where are your shoes and flashlight? Are your appliances connected to gas and water lines with rigid fittings that could rupture? Where are your gas and water cutoff valves?
Next, check your emergency kit. Are there enough provisions and first-aid supplies to get your family by for 72 hours? How much water have you stored? Are the jugs and disaster kit in a safe place?
| Updated: 2:07 p.m.
Kelly Dazet was home, fixing himself a cup of coffee, when a roar like a passing freight train filled his Sugar House neighborhood.
“All of a sudden everything was moving. It felt like the house was going back and forth and up and down,” Dazet said, recalling the magnitude 5.7 earthquake that rocked northern Utah a year ago this month. “The cat ran under the table. How does a cat know to do that? Everything was rattling and shaking.”
Among the jarring that morning was the unreinforced masonry enveloping Dazet’s 1924 home, an example of Salt Lake City’s dominant construction mode from that era.