6 years ago

Planet Smart City Raises €24 Million to Expand Affordable Housing Solutions

  • Planet Smart City, a UK-based company focused on affordable housing solutions, has raised €24 million in funding

  • This brings the company's total funding to €100 million since its inception in 2015

  • The company's unique proposition involves improving quality of life for residents and fostering communities through superior infrastructure, urban planning, sustainability, and technological solutions, all supported by its Planet App

  • The funds will be used to finance the company's ambitious growth plans, including the launch of 30 large-scale residential projects by the end of 2023

  • Planet Smart City is currently operating in Brazil, where it is building 'Smart City Laguna' and 'Smart City Natal', and has just launched a project in São Paulo

  • The company also works in partnership with developers worldwide to revitalize existing communities through smart solutions integration

  • Planet Smart City plans to expand its operations to India during the current year.

      • ProblemReal Estate

      "Making housing unaffordable a global issue, Planet Smart City is tackling the problem of inadequate infrastructure, lack of sustainability and unaffordable housing by providing smart and sustainable housing solutions."

      Solution

      "Planet Smart City is developing residential projects with integrated smart solutions, allowing residents to manage their living spaces and participate in social innovation programs, promoting superior quality of life and community building."

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