Berlin - based venture capital firm Proptech1 Capital has launched in the UK , with offices in the CityPoint tower in the City of London . It plans to offer backing for proptech companies to expand into Europe , with initial investments on offer of between € 200,000 ( $ 500 ) and € 3 m . The UK already punches well above its weight when it comes to external investment in proptech and the arrival of Berlin-based Proptech1 Ventures in London marks its rapidly-growing importance. The firm said it will back companies in all UK property sectors and will also offer advice from property and technology firms across Europe .
Berlin - based venture capital firm Proptech1 Capital has launched in the UK , with offices in the CityPoint tower in the City of London . It plans to offer backing for proptech companies to expand into Europe , with initial investments on offer of between € 200,000 ( $ 500 ) and € 3 m . The firm said it will back companies in all UK property sectors and will also offer advice from property and technology firms across Europe .