PropTech Investment Corporation II announced that it has received $7.25 million in funding from HC PropTech Partners II, LLC

PropTech Investment Corporation II is a blank check company. The Company is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. It intends to concentrate its efforts in identifying businesses that provide technological innovation to the real estate industry or PropTech. The Company seeks to invest in businesses that offer software, hardware, products, operations, or services that are technologically equipped to improve property ownership; property financing; property valuation; property operations; property management; leasing; property insurance; real estate asset management and investment management; design, construction, and development. The Company has not conducted any operations and has not generated any revenues.