German documents digitizer startup scores €2m

Berlin-based startup Architrave has raised €2m from Proptech 1 Venture to continue its growth. The company is developing a platform to allow real estate documents to be digitized and managed. Proptech 1 Venture focuses on European start-ups. “Architrave has understood like no other proptech that big data and AI remain empty phrases until a critical mass of structured digital data has been collected,” says Managing partner of Proptech 1 ventures Nikolas Samios. Architrave claims to have close to 3,400 assets documented in its platform. Founder of Architrave Maurice Grassau said it was crucial to choose investors that would aid in his company’s future growth.