Weekly Briefing Friday, September 25, 2026 |
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This Week in PropTech & ConTechCurated intelligence on deals, technology, and the built world.
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 PR Newswire · Israel Buildots Raises $130M as Contractors Move to Portfolio-Wide ContractsBuildots, based in Tel Aviv and Chicago, raised $130 million led by O.G. Venture Partners, with Lightspeed, Intel Capital, Human Capital, Viola Growth and Poalim Equity participating, bringing total funding to $297 million. Its computer vision compares 360-degree site footage against schedules and 3D models to show what is actually built. Customers include Intel, Digital Realty, JE Dunn, Mortenson, Bouygues and HOCHTIEF, and the company reports several consecutive years of 3x revenue growth. Read more → |
 PR Newswire · United States Noetive Exits Stealth With a $41M Seed for AI in Physical OperationsSan Francisco-based Noetive emerged from stealth with a $41 million seed led by Eclipse, with Craft Ventures, The Westly Group, Swish Ventures, Gigascale Capital and Liquid 2 Ventures participating. Founded five months ago by Amir Frenkel, a former Meta vice president in generative AI, and Dan Barak, it pairs a self-improving AI layer that sits on top of existing operational systems with its own multi-modal sensing pod. Target sectors are factories, logistics, energy facilities and data centres. Read more → |
 Business Wire · United States Planted Raises $31.8M for Robots That Build Solar FarmsOakland-based Planted raised $31.8 million co-led by Piva Capital and RA Capital Management Planetary Health, with Breakthrough Energy Ventures, Google and Khosla Ventures participating. Its robots install high-density solar arrays. The company deployed more than 10MW in 2025, is targeting 100MW this year, and expects its next-generation robot, Sage, to more than double field productivity when it reaches sites in late 2026. Read more → |
 PR Newswire · United States Adaptive Raises $30M Series B to Put AI Agents on Construction AccountingNew York-based Adaptive has closed a $30 million Series B led by Tidemark, with Emergence Capital, Andreessen Horowitz, Pathlight, Definition and 3KVC returning, taking total funding to $57 million. Its Project Accounting Agents pull context from schedules, daily logs and superintendents, then handle job costing, AP, billing, WIP and compliance across more than 10 accounting systems. More than 750 contractors, ranging from $5 million to $1 billion in revenue, now run on it. Read more → |
 GlobeNewswire · United States Scaffold Raises a $15M Seed With Three Homebuilders on the Cap TableAustin-based Scaffold raised a $15 million seed led by Navitas Capital, with D.R. Horton, PulteGroup and Builders FirstSource among the backers. The platform connects to the trade portals of 29 of the top 30 US homebuilders and has been used on more than 200,000 homes across 30 states. It reports roughly 50% fewer wasted site trips and an 83% cut in purchase-order processing time in a contractor's first 60 days. Read more → |
 Accenture · Global Accenture Launches a 5,000-Person Construction BusinessAccenture has launched Accenture Construct, combining more than 5,000 capital project specialists built through organic growth and acquisitions including Anser Advisory, Soben, Orlade Group and Comtech Group. It runs five business lines: data centres, utilities and telecoms, transport and civic infrastructure, advanced manufacturing, and process industries. Accenture has invested $2.5 billion in the capability and sizes the owner-side capital project services market at $260 billion, growing to $348 billion by 2030. Read more → |
 PR Newswire · United States Sela Raises $21M for Voice AI Agents That Sell MortgagesSan Francisco-based Sela has announced $21 million across its seed and Series A, with Costanoa leading the Series A and Emergence Capital, which led the 2024 seed, participating. Its voice agents handle borrower calls, answer questions and hand over to a loan officer when needed. The company says its agents help originate more than $1 billion in mortgages a month, six of the ten largest US independent mortgage banks use it, and it reached a $10 million annualised run-rate in 18 months. Read more → |
 PR Newswire · United States Rising Tide Raises a Seed Round to Roll Up Independent Property ManagersChicago-based Rising Tide closed an undisclosed seed round led by Left Lane Capital, which incubated the company with CEO Blake Mohseni. It acquires and invests in independently owned residential property management firms, keeping each local brand and team while adding shared capital, technology and back-office support. The company cites a market of more than $100 billion split across over 240,000 firms. Read more → |
 Wamda · Egypt Paymob Raises $35M Pre-Series C, With Mubadala Joining the Cap TablePaymob has raised $35 million in a pre-Series C co-led by Mubadala and the EBRD, with British International Investment, Global Ventures and DPI Ventures participating, taking total disclosed funding past $125 million. It gives merchants access to 60+ payment methods through one API and serves more than 390,000 merchants across Egypt, the UAE, Saudi Arabia and Oman. Revenue tripled over the past 18 months, with GCC revenue up 7x and now close to half the total. Read more → |
 Wamda · UAE Huspy Buys Integra Finance and Commits $86M to Enter ItalyDubai-founded proptech Huspy has acquired Italian credit intermediary Integra Finance and plans to invest $86 million (AED315 million) to build a mortgage and real estate business in Italy, its fourth market after the UAE, Spain and Saudi Arabia. Integra brings more than 160 advisors and over 50 banking, financial and insurance partners. Terms were not disclosed. It is Huspy's fifth acquisition in credit intermediation. Read more → |
 Arab News · Saudi Arabia ROSHN and TMG Saudi Plan a 55,000-Home Riyadh CommunityPIF-owned ROSHN Group and Talaat Moustafa Group Saudi have signed a preliminary agreement to form a joint venture for a residential-led, mixed-use community in Riyadh, which early studies put at more than 55,000 homes. TMG Saudi will hold 51% and ROSHN 49%. The partners will now run master planning and a business case. Value, location and timeline are undisclosed. Read more → |
Long Read “Forget the Algorithms: Follow the Electricity”George Serafeim et al., Harvard Business School AI Institute
George Serafeim of Harvard Business School and co-authors at State Street Associates tracked how energy stocks moved alongside AI and data centre assets over 753 trading days from 2023 to 2025. Data centre returns explained about 34% of daily moves in clean energy stocks, against under 9% for traditional energy. Once the market and interest rates were controlled for, AI software stocks added no explanatory power. The buildings drive the energy link, not the models inside them. Rates split the two camps. Clean energy trades like a growth asset and falls when rates rise, while traditional energy does the opposite. Global data centre capex rose 51% to roughly $455 billion in 2024. For this region, the value accrues to whoever can deliver connectable power and capacity on schedule. Read it next to this week's Buildots round. Read the essay → |
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