German proptech Syte has raised €9 million (~$9.7M) in a Series A round led by amberra, the venture studio of the Cooperative Financial Group Volksbanken Raiffeisenbanken, with NRW.BANK joining as a new investor and existing backers including Schwarz Group companies, High-Tech Gründerfonds (HTGF), vent.io and Vantage Value participating. Founded in 2021, the company's AI-powered land and property analytics platform covers more than 62 million parcels across Germany, is used by more than 200 customers for valuation, planning and advisory work, and claims to reduce property and land assessment processes from weeks to minutes. Syte will use the capital to further automate pre-construction planning stages and expand beyond Germany into other European markets, with a longer-term aim to digitally map the entire process leading up to property construction.