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Today: June 3, 2024
May 24, 2024
1 min read

Unlockit secures €14M to enhance Web3 property transaction platform




Article Summary

TLDR:

Key Points:

  • Unlockit closes €1.4 million pre-seed funding round
  • Company aims to strengthen Web3 platform for managing property transactions

Lisbon-based Unlockit, a real-estate transaction management platform, has secured €1.4 million in pre-seed funding led by Eaglestone Group, Portugal Ventures, Reorganiza, and Republica. Founded in 2020, Unlockit is a Web3 PropTech & GovTech startup that uses blockchain technology to digitalize and automate real estate transactions in compliance with European regulations.

The investment will be used to enhance the platform’s technology, expand services to credit intermediation, and prepare for internationalization in Madrid, Dubai, and São Paulo. Unlockit’s goal is to automate and digitize the real estate sector, ensuring transparency, efficiency, and security in property transactions while combating speculation and fraud. The company, valued at €6 million, partners with VOID Software as its tech partner.

Unlockit has already integrated its technology into leading companies in Portugal’s property brokerage sector. With a focus on innovation and international expansion, the company aims to revolutionize the real estate industry through blockchain-based solutions.


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