While the spin-off has since caught the attention of renowned entities, such as the United Nations in the framework of its World Food Programme (WFP), NASA and the World Bank (to name but a few), it is its recent collaboration with the European Space Agency (ESA) and the Luxembourg Space Agency (LSA) that is receiving all the attention, and with good reason – last August, both agencies invested no less than 2 million euros through the national funding programme LuxIMPULSE, which intends to foster research, development and innovation in the Luxembourg market.
This is undoubtedly a major step for this young start-up, which the long-standing partners – FadeOut Software, RSS-Hydro and the Luxembourg Institute of Science and Technology (LIST) – were keen to immortalise during a kick-off meeting, on 6 September.
And as good news never comes alone, LIST experts also announced that they are working on new applications, such as mapping forest fires and urban changes, or monitoring ship movements.
What if this was just the beginning?
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RoomMate, the Luxembourg PropTech startup, completes its 2nd fundraising round
by RoomMate press release I 8:53 pm, 3rd March
RoomMate is pleased to announce the closing of its 2nd equity round of EUR 600,000, from LBAN, a pool of private visionary business angels and real estate experts. The closing is a strong signal with regard to RoomMate’s growth ambitions, strengthening its position in the real estate IT sector at a European level, by offering consumers a fully integrated solution for their Property Management processes. The four Italian co-founders Mattia Raffaelli, CEO, Francesco Cotugno, CDO/COO, Matteo Bucci and Mirko Martignon, CTOs, would like to thank the funds and private investors that have supported us this far.
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