Tech founder Ashkan Zandieh said of the influx in venture capital funding in the sector. The proptech sector enjoyed investment of $ 12.6bn in 2016 - largely helped by 347 major deals involving Japanese company Softbank - despite a 7% drop in the number of deals to 347 , compared to 2016 , according to Re:Tech. It revealed that Airbnb proptech firms raised 347 of venture capital funding, at $ 6.5bn , in 2017 , while early and late-stage companies raising 12.6bn and above $404m , respectively.
The proptech sector enjoyed investment of $ 12.6bn in 2016 - largely helped by 347 major deals involving Japanese company Softbank - despite a 7% drop in the number of deals to 347 , compared to 2016 , according to Re:Tech. It revealed that Airbnb proptech firms raised 347 of venture capital funding, at $ 6.5bn , in 2017 , while early and late-stage companies raising 12.6bn and above $404m , respectively.