Proptech startup Giraffe360 secures €1.1 million investment

January 23, 2019
giraffe360 proptechden

Giraffe360 who are a proptech start up founded in Latvia are moving their offices to the UK (despite the global fears on Brexit) after they secured over 1 million euros via second round funding led by Change Ventures. Their technology is the use of digital photography (270 megapixel resolution) in order to showcase real estate via 3d virtual reality.

They have pitched and showcased their products at varied events across the UK to include twice at TeqDen which I founded and recently sold to Life Ventures – CEO of Giraffe360, Mikus Opelts, was always very keen to showcase the product and results it delivered both to estate agents and potential investors.

Mikus Opelts chose London to move the business to as he believes that it is still the best place in Europe to run a tech business.

Mikus Opelts said: “We are thrilled to be closing this funding round and to be moving our headquarters to the UK… London is one of the biggest real estate markets in the world and Brexit or no Brexit, London will remain one of the most well connected and diverse global cities, with a supportive business ecosystem and competitive market. I don’t believe this culture will change.”

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Changes to mortgage affordability to support sales as house price growth cools

House price growth has slowed to 1.6 per cent annually, down from 1.9 per cent at the end of 2024, as buyer interest cools and the number of homes for sale continues to expand Buyer demand is one per cent higher than a year ago, while the number of homes for sale is 12 per…
Read More →
Love or Hate Rightmove
Breaking News

Rents rise to new record despite boost in supply

The average advertised rent of homes outside of London has risen to a new record this quarter of £1,349 per calendar month (pcm), however it is the smallest increase in rents at this time of year since 2020: London rents also rise by 0.1% (+£3) to a 14th consecutive new record of £2,698 pcm this quarter…
Read More →
Breaking News

Size Matters in Planning

The House Builders Association (HBA), the housebuilding division of the National Federation of Builders (NFB) has reignited its campaign for the planning system to adopt five clear site size definitions, replacing the current, arbitrary ones of ‘Minor’ (one to ten homes) and ‘Major’ (ten and above). Richard Beresford, Chief Executive of the NFB, said: “In…
Read More →
Breaking News

Popping the Asking Price Bubble

Where in the Uk Can Buyers Snap Up Property Bargains and Where Properties Go for a Premium Above Asking Price   New research from fast selling property company, Upstix has uncovered the UK’s most surprising postcodes for snapping up a property at bargain prices this year, highlighting a widening gap between sellers’ expectations and the…
Read More →
Rightmove logo
Breaking News

Highest demand to lease office space since pre-pandemic

The latest insights from the UK’s number one commercial property website Rightmove, reveals that the number of unique enquiries to lease office space is at its highest point since pre-pandemic, as businesses look for spaces that meet modern requirements. Demand to lease office space is 19% higher than the same period a year ago and…
Read More →
Planning disputes on new build land
Estate Agent Talk

Planning consultations for major infrastructure to be streamlined

Robert Bruce, a planning and infrastructure partner at law firm Freeths LLP, said he: “Welcomed the change as a significant step to speeding up the DCO process and the focus on the quality and effectiveness of the consultation, rather than box ticking and a risk averse approach to pre-application consultation due to the current legal…
Read More →