Romanian proptech startup Bright Spaces has been selected to join the Pi Labs accelerator in UK

The Romanian proptech startup Bright Spaces, which develops the complete digital platform for showcasing and offering for office buildings and spaces, has been selected in the proptech (property technology) accelerator Pi Labs in the United Kingdom. Pi Labs is the first venture capital firm in Europe to invest exclusively in proptech startups and Europe’s most active investor in the field. Bright Spaces was chosen, along with 4 other European startups, out of a total of over 600 registered teams. The Romanian startup will enter a 15-week intensive program, with the objective of developing the product and scaling the company to the size and needs of the European office market.

As part of the program, Bright Spaces prepares for the next investment round. The core of the program is focused on strategic mentoring, collaboration with the real estate community and the opportunity to develop a network with the wider community of property and proptech, Pi Labs alumni and investors. The program will run from March to June and at the end of this period Bright Spaces will have the opportunity to present their products in front of an audience of investors, journalists and industry representatives.

“Acceptance in the Pi Labs accelerator means for us a leap of at least one year in the development of Bright Spaces. Access to a top real estate market worldwide, such as London, discussions with over 40 mentors and the possibility of obtaining the next round of funding from European investment funds specialised in proptech, clearly represents advantages. It was a tough competition, with a selection process carried out over several months, which involved a team effort and we are proud of the result. Although this public health crisis pushed the deployment of the accelerator in a 100% online environment, the benefits for us are, without a doubt, major” says Bogdan Nicoara, Founder & CEO Bright Spaces.