January 27, 2023

Property tech firm Deepki gets €150m backing as it eyes international push:

Real estate software firm Deepki has received a  a €150m funding injection today as it looks to rollout its property data intelligence software to firms across Europe.  a €150m funding injection today as it looks to rollout its property data intelligence software to firms across Europe. The real estate sector is currently responsible for around 40 per cent of global carbon emissions, and bosses at Deepki said more than $5tn of investment is needed each year to decarbonise the sector . Commercial real estate with poor ESG performance is already being affected by brown discounting and greater focus is being placed on properties which can adapt to more stringent requirements in terms of carbon emissions hence there is a huge demand for their technology.

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Is this a tactical move or will the property technology firm end up bust?

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