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Landa promised real estate investing for $5. Now it’s gone dark.
<p>The idea of becoming a real estate investor for as little as $5 may seem too good to be true. And for many users of Landa, a proptech company that promised just that — it has been. Landa emerged from stealth in August 2022, announcing a total of $33 million in funding and a pledge […]</p>
Rahul Patil
May 23, 20255 min read
Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
<p>For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy co-founded Nawy to bring transparency and efficiency to the market. Now positioning itself as Africa’s largest proptech platform, […]</p>
Rahul Patil
May 12, 20254 min read
Musk clashes with neighbors in exclusive Austin suburb
<p>Elon Musk may have a sizable fan base, but residents of the upscale Austin suburb of West Lake Hills, Texas, are unimpressed by their celebrity neighbor, reports The New York Times. Instead, a $6 million home Musk purchased in 2022 has become the center of a battle after his team erected an unauthorized 16-foot chain-link […]</p>
Rahul Patil
May 6, 20251 min read
Report: Adam Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B
<p>Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday. Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that […]</p>
Rahul Patil
Apr 24, 20251 min read


Khosla’s Keith Rabois leads $11.5M Series A for startup Roam, calls it ‘the future of the housing market’
<p>During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes […]</p>
Rahul Patil
Apr 2, 20255 min read
Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate
<p>Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany, back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price comparison platform Verivox. It’s focusing on selling energy […]</p>
Rahul Patil
Mar 11, 20256 min read
Rocket Companies to acquire Redfin for $1.75B
<p>Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that owns various brands, including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. The combined entity will essentially pool the two […]</p>
Rahul Patil
Mar 10, 20252 min read
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