BuiltUp Ventures (BUV) News
2 articles
growth-positive
All eyes are on Israeli innovation thanks to Proptech
The article discusses the growth and adoption of PropTech in the real estate industry. The PropTech market is predicted to be valued at $86.5 billion by 2032. The US, China, and Japan are expected to experience significant growth in the industry. The investment bank Keefe, Bruyette, & Woods reported a record $4 billion of VC equity funding in the PropTech field in Q1 2022. The number of PropTech startups has increased due to work-from-home legislation and the industrys desire to remain relevant. Built Up Ventures (BUV) by Besadno, a venture capital firm specializing in early-stage Israeli property and construction technology, highlights the opportunities for potential investors in the PropTech sector. MyTower and Okibo are mentioned as examples of innovative PropTech companies. MyTower offers property intelligence management services, while Okibo provides smart robotics for construction sites.
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growth-positive
BuiltUp Ventures Fund opens a new office in Dubai
A report by Keefe, Bruyette & Woods noted that a record $4 billion of VC equity funding flooded the proptech field in Q1 2022. BuiltUp Ventures (BUV) by Besadno, a fund specializing in early-stage Israeli property and construction technology, has an impressive portfolio of companies making global contributions in the ConTech and PropTech sectors. BUV operates in NYC, Tel Aviv, and Dubai. Besadno Group, the parent company, offers investment opportunities in early-stage Israeli startups, commercial companies, and real estate. The company selects portfolio companies that offer strong financial opportunities with a positive societal impact. Israel has seen significant growth in the Proptech sector, with over 250 Israeli Proptech startups in 2022 compared to only seven in 2008. BUV is optimistic about the future and the adoption of innovative technologies in the global market.
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