Czech smart building software provider Sharry has secured further investment. The largest amount of investment comes from J&T Ventures now. This allows Sharry to expand into 50 countries this year, co-founders plans.

Masaryčka and Nová Waltrovka, two office buildings that are currently being developed in Prague by Penta Real Estate, will offer the technology solutions of local proptech Sharry.

Despite the difficulties caused by COVID-19, the year 2020 was a turning point, in a positive sense, for most Czech Proptech companies. as the pandemic situation created strong pressure to automate and digitize processes using modern technologies. These technologies include machine reading, artificial intelligence or the Internet of Things. Many companies have expanded to foreign markets, where Czech solutions for residential and commercial development are receiving positive responses. The Czech-Slovak Association of PropTech Companies has received feedback from 5 progressive companies.