PropTech Startup Raises Series B to Scale Smart Warehousing Solutions
Innovative PropTech leader SmartSpace Warehousing Inc. (“SmartSpace”) today announced the successful closing of its Series B funding round, raising US $45 million to accelerate the deployment of its smart warehousing platform across major logistics and industrial property markets. The capital comes at a pivotal moment as the industrial real‑estate and supply‑chain sectors increasingly embrace automation and data‑driven operations.
Key Highlights
SmartSpace has secured US $45 million in Series B financing, led by prominent venture firms and strategic real‑estate investors.
The company will use the funds to scale its proprietary IoT‑enabled warehousing infrastructure, expand its footprint across North America, EMEA and APAC, and enhance its software platform with advanced analytics and AI.
SmartSpace’s solution leverages smart sensors, robotics, and a unified cloud platform to deliver real‑time inventory visibility, dynamic space optimization, predictive maintenance, energy management, and automated workflows.
According to industry reports, the broader PropTech market is undergoing significant investment, particularly in smart buildings and logistics/warehousing applications.
With this financing, SmartSpace is positioned to meet the surging demand for flexible, data‑driven warehousing assets, driven by e‑commerce growth, supply‑chain volatility, and the need for operational efficiency.
Scaling the Future of Warehousing
SmartSpace was founded on the conviction that traditional warehouse buildings are becoming outdated unless they incorporate real‑time intelligence and automation. The company’s “SmartWarehouse” offering combines hardware, connectivity and software to convert standard warehousing assets into high‑performance, efficient facilities. By integrating IoT sensors in racking systems, drone/robotic patrols, energy management modules and AI‑powered analytics, SmartSpace unlocks higher utilization rates, lower energy consumption and deeper operational insights for landlords and operators.
With the new Series B funding, SmartSpace will accelerate three principal initiatives:
Geographic Expansion – Enter new regional markets, including Europe and Southeast Asia, to deploy its smart warehousing model with global logistics players.
Product Innovation – Invest heavily in R&D to enhance the analytics layer of its platform: predictive forecasting, dynamic routing of goods, seamless integration with tenant systems, and advanced sustainability modules.
Partner Ecosystem – Establish partnerships with major real‑estate investment trusts, third‑party logistics providers and robotics integrators to scale the model via asset‑owners and operators.
Market Opportunity & Timing
The warehousing and logistics real‑estate sector is undergoing transformation. As e‑commerce penetration accelerates and supply chains face greater complexity, the demand for “smart” warehousing facilities—those equipped with digital sensors, automation and analytics—is growing rapidly. In the broader PropTech landscape, investment trends show increasing focus on smart buildings, IoT and operational software. For example, resources tracking PropTech investors highlight that smart‑building, logistics and occupancy analytics solutions are among the fastest‑growing verticals. OpenVC+2Qubit+2 SmartSpace’s solution directly addresses that convergence: real‑estate + logistics + tech.
Leadership Comments
“Today marks a major milestone for SmartSpace,” said Jane Doe, CEO and co‑founder of SmartSpace. “With this Series B funding, we’re poised to scale our vision of turning legacy warehouses into intelligent, efficient, next‑generation logistics hubs. The opportunity is enormous—not just in supporting e‑commerce growth, but in rethinking how industrial real‑estate operates and delivers value.”
John Smith, Lead Partner at AlphaVentures (the lead investor), commented: “We believe SmartSpace is at the forefront of a structural shift in warehousing. Their combination of hardware, software and real‑estate insight uniquely positions them to capture the emerging demand for intelligent logistics assets. With the capital and team in place, they are well‑positioned for global growth.”
Strategic Investors & Board Appointments
The Series B round includes participation from strategic investors in real estate, logistics and technology sectors. As part of the financing, SmartSpace has appointed Emily Wong, former Director of Global Logistics at a major 3PL provider, to its Board of Directors—bringing deep domain expertise and operational network to support scale‑up.
Impact & Sustainability
In addition to operational efficiency, SmartSpace’s platform addresses environmental and sustainability goals. By optimizing space utilization, lowering energy consumption and delivering data-driven control of lighting, HVAC and other building systems, SmartSpace supports green warehousing initiatives. As investors and tenants increasingly prioritize ESG metrics, SmartSpace expects its technology to become a differentiator for landlords and logistics providers alike.
Looking Ahead
With fresh capital and a clear go‑to‑market strategy, SmartSpace plans to:
Launch pilot deployments in three new markets within the next 12 months.
Expand its engineering team by 50% to accelerate product development.
Integrate robotics and autonomous vehicle workflows into its platform.
Drive strategic partnerships with REITs and large 3PLs to scale quickly.
About SmartSpace Warehousing Inc.
SmartSpace Warehousing Inc. is a PropTech company transforming industrial real‑estate through smart automation and data analytics. Its SmartWarehouse solution enables landlords, tenants and logistics operators to optimize space, reduce costs, increase visibility and deliver next‑generation warehousing assets. For more information, visit www.smartspacewarehousing.com.
For further reading on the PropTech investment landscape, see this article on how PropTech funding is evolving: [Proptech Market and Funding Trends]. Qubit
