On the 18th of November, we were excited to celebrate with over 250 innovators from the PropTech industry at the UK PropTech Awards in London.
The UK PropTech Awards is an annual award ceremony that focuses on recognising those that are demonstrating leadership in the sector through collaboration and innovation.
During the pandemic, the PropTech industry has demonstrated the crucial role it plays in enabling the real estate sector to better understand risk, continue operations in a constantly changing environment and meet new customer demands.
For this reason, this year a key priority for the judges was the increased prevalence of both ESG and data.
The use of data has never been more important in tackling environmental challenges and creating a foundation of stability amid constant change.
We were absolutely delighted to be recognised as PropTech Investor of the Year, a great way to top off a busy year for A/O and our portfolio companies who are going from strength to strength.
As our founder, Gregory Dewerpe, very eloquently put it: “The hard work of our team, together with the trust portfolio companies put in us every time they let us onto their journey, is what allows us to do what we do with so much dedication and excitement”.
Our team was also super proud and excited to see Gregory win the PropTech Advocate Award, in recognition of his role supporting the growth of the PropTech industry. You can read more about Gregory and his journey in founding A/O in this EG interview here.
Last but not least, we were thrilled to see our portfolio company, Satellite Vu, win the Environmental Impact Award.
Satellite Vu was founded in 2016 with plans to monitor the temperature of any building on the planet in near real-time using new satellite technology to determine valuable insights into economic activity, energy efficiency, and carbon footprint.
The UK PropTech Environmental Impact Award recognises the key role Anthony Baker and his team will play in the use of space tech in tackling the climate crisis.
We were excited to join Satellite Vu’s latest funding round of £15 million ($20.7 million) in October, which was oversubscribed, and led by the Seraphim Space Investment Trust Plc, the world’s first listed Space Tech Fund.
Others investing in the round included Draper Esprit; A/O PropTech; Ridgeline Ventures; Earth Science Foundation; E2MC Ventures and Stellar Solutions/Ford Family Trust.
The funding round highlighted Satellite Vu’s rapid growth, with the company having raised its seed round funding of £3.6 million ($5 million) just earlier this year. You can learn more about Satellite Vu here.
At A/O, we believe the built environment is the single most tangible way to tackle climate change.
Much more collective effort is required if we are to solve the most pressing issue of our generation, and we look forward to continuing to collaborate with all of our peers to make a lasting difference.