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Terra One receives EUR 7 million in seed funding for AI-optimised battery storage

April 25, 2024

Berlin-based technology company Terra One, a pioneer in the field of grid-connected large-scale battery storage in Europe, has received EUR 7 million in seed funding from a renowned consortium of investors. The financing round is led by PT1, the early-stage VC for real asset technologies, with the support of neosfer, the early-stage investor of Commerzbank. In addition, 468 Capital, the DeepTech investor of former Rocket Internet CEO Alexander Kudlich, N26 co-founder Maximilian Tayenthal, serial entrepreneur Jan Beckers and the scout funds of Andreessen Horowitz and Hedosophia also participated in the financing round.

Sally Jones, former Head of Strategy, Digital & Technology at British Land, becomes first British Venture Partner at PT1 – Proptech1 Ventures, expanding the UK presence of the VC platform for transformative real estate technologies

Mai 10, 2023

Only two years after PT1 – PropTech1 Ventures has made its first investment in the UK, it has substantially increased its British presence. The independent venture capital platform for transformative real estate technologies has now won its first prominent UK Venture Partner, Sally Jones.

PT1 – PropTech1 Ventures completes first closing of its second fund for startup investments in transformative real estate technologies at €44 million

Januar 18, 2023

The independent venture capital platform for transformative real estate technologies PT1 – PropTech1 Ventures has completed the first closing of its Fund II, with a target size of €100 million. €44 million has already been raised in the first closing, which is more than three times the volume of the first closing of the first fund.

PT1 – Proptech1 Ventures wins further launch partners, including Commerz Real, for its second fund for startup investments in transformative real estate technologies

November 24, 2022

The independent venture capital platform for transformative real estate technologies PropTech1 („PT1“) has attracted further anchor investors as well as venture partners following the announcement of the start of fundraising for its Fund II. The first closing and thus the planned operational launch of the fund with a target volume of 100 million euros is scheduled for early 2023.