Promise Robotics raises $20.8 Million Series A to speed up home building with robots
Promise Robotics has closed $20.8 million CADin Series A financing as it looks to commercialize its robotic factory platform. The round was led by Horizons Ventures with participation from Radical Ventures, the Public Sector Pension Investment Board, United Brotherhood of Carpenters, Relay Ventures, and Alate Partners.
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Our investment in Ownright
We lead Ownright’s $4.5M Seed round, doubling down on our initial investment in May 2023, driven by a core belief that residential real estate transactions remain unnecessarily opaque and analog.
Our investment in Uniti AI
We invested in Uniti’s $4M Seed round, aligning with our thesis on the transformative potential of agentic AI in real estate.
Mave Raises $2M in Pre-Seed Funding
Mave raised CAD$2 million in pre-seed funding and launched its beta program for agents and brokers. The investment was led by Relay Ventures and N49P with participation from Alate Partners, Clarim Ventures, and Gambit Partners, along with several angel and strategic investors.
Courtney Cooper as one of the 10 Gamechangers on Maclean’s 2024 Power List: Housing
Courtney has been recognized “for being a pioneer in a too-traditional industry” by leading impactful investments here at Alate, including PadSplit and Promise Robotics, which have great potential to transform our housing industry.