Proptech Investments At Record High in 2021

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As the real estate sector awakens to the changes needed to reach net zero targets, developers, investors and occupiers are realising that technological adoption is the only way to future-proofing assets and meeting sustainability pledges.

And with developers and investors increasingly leaning towards sustainable real estate assets, more money is being pumped into proptech naturally. 

A Lot More. . .

Globally, proptech has seen a significant increase in investment lately, with more than USD20.57 billion invested so far this year — more than double the USD9.37 billion invested in 2020 and almost three times higher than the USD7.06 billion in 2016. 

Per Pi Labs, this record-breaking surge in proptech investment over the past 12 months has been driven by the creation of technology solutions to address common issues in the real estate world, such as:

• sustainability, 
• logistics, 
• construction, 
• robotics, 
• workplace wellbeing, and 
• bringing the metaverse to the built environment.

What Lies Ahead?

🎙 “On the back of the large wave of capital raised this year, and accelerated adoption within the sector, many proptech companies are now achieving scale and we can expect later stage funding rounds and M&As to drive investment growth in 2022.”, thinks Faisal Butt, CEO, Pi Labs. 

'There's moooore money coming', is what we hear.