Mouro Capital has returned to back the real estate transaction platform in the largest VC deal in Spain that outstripped Glovo’s $529m series F round closed earlier this year, thanks to an increased interest in the proptech and iBuyer space in the local market.
Spain-headquartered property transaction tool provider Clikalia has received $518m from investors including Mouro Capital, the venture capital firm formed and sponsored by financial services firm Santander, representing one of the largest funding rounds in Spain, Expansión reported yesterday.
Real estate technology-focused VC firm Fifth Wall led the equity portion sized at roughly $70m, and was joined by hedge fund Luxor Capital. The round included almost $450m in debt supplied by Deutsche Bank, surpassing Spain-based delivery service Glovo’s $529m series…
