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SPAC slowdown, SmartRent strikes a $2.2B deal
Plus, “Smart store” startup targets apartment living National /
SPAC deals are drying up amid mounting questions from regulators.
After a record 109 SPAC deals in March, there have been just 10 this month, according to SPAC Research. Proptech is no exception, with 15 new SPACs in February followed by 16 in March and just one so far in April, according to
TRD’sSPAC tracker. (Fifth Wall Ventures is aiming to raise $250 million for its third SPAC.)