BBVA Madrid. Credit score: JJFARQ, Shutterstock.
Prophero, an organization from Australia’s Proptech, will transfer its headquarters to Spain, securing main EU-backed funds to double its progress.
BBVA Spark has funded 2.5 million euros to drive the digital actual property platform because the Australian-setting startup shifts its headquarters to Spain and targets an enormous growth within the nation’s housing market.
The transaction introduced on August 4, 2025 is European Funding Fund Beneath Investeu The programme will strengthen the liquidity of Professional hero because it seeks to double its enterprise in Spain by the top of subsequent 12 months.
In regards to the Prophet
Based in Australia, Prophero operates in 4 nations and at present boasts over 10,000 energetic customers. Its platform makes use of AI and knowledge analytics to assist customers make smarter actual property investments and supply digital instruments for distant consumers and portfolio builders.
BBVA Spark, an innovation unit launched by BBVA in 2022, has chosen to assist it professionally based mostly on its scalable enterprise mannequin and disruptive know-how.
Because the BBVA press launch quoted, Miguel Angel Alcala, head of Spain’s BBVA Spark, mentioned:
Prophero co-founder Pablo Gil known as the funding within the firm’s plan to develop and meet the rise in digital actual property options and elevated demand as “fundamental.”
The funding will increase revolutionary startups via the InvestEU programme, one other instance of EU monetary assist. BBVA Spark’s Tailor-made Strategy gives fundamental banking to debt companies and helps fast-growing firms such because the Professional hero scale from Spain to globally.
View all monetary information.
See all of the information from Spain.
