New technologies, innovation, and digitalization are transforming the real estate industry at a fast pace. Union Investment and German Tech Entrepreneurship Center (GTEC) award the most promising business ideas at the PropTech Innovation Summit 2019. More than 150 startups have applied and the very best have been chosen to pitch their ideas in Berlin in front of a jury and an audience of investors, academics, and the international startup community.
The main prize of the PropTech Innovation Award went to the German company Dabbel. Dabbel is the AI-Autonomous Building Management System with the ability to self- manage building control systems more efficiently than any human. It makes its own decisions, through a self-learning, self-adapting and self-configuring system with cognitive artificial intelligence.