Isobel Lee

PropTech1 Ventures approaches maximum fund target

PropTech1 Ventures, the European venture capital fund for the untapped innovation potential of the real estate industry, has raised further investment capital into the millions and reached approximately two-thirds of its maximum volume for Fund 1.

Equiem acquires British Land’s Vicinitee platform

Australian proptech Equiem has acquired Vicinitee, British Land’s digital property management platform, used across more than 150 buildings throughout the UK, including Broadgate, The Shard and The Gherkin.

Drooms passes 10,000 mark for deals and asset management

Drooms, a European provider of digital data rooms, saw users of its asset management platform Drooms Portfolio rise 87% in 2020, year-on-year.

Love Ventures appoints senior advisor

Tech start-up investor, Love Ventures, which specialises in the FinTech, PropTech and ConsumerTech sectors, has appointed Andrew Hynard as a senior advisor to assist with the growth of its venture capital business.

Azad Abad joins Evana as senior AI specialist

Big data and AI specialist Evana, backed by German investment giant Patrizia, has hired data scientist and natural language processing (NLP) expert Azad Abad as senior AI Specialist as of 1 April.

BlackRock and Temasek commit €500m to net zero tech fund

Global investment manager BlackRock has teamed up with Singapore-headquartered investment company Temasek to invest in companies and tech to reduce and potentially eliminate carbon emissions, committing $600 mln (500 mln) to the initiative.

J-Invest acquires NPL portfolio through BlinkS

J-Invest, a company specialising in the investment and management of non-performing loans admitted to bankruptcy proceedings, has been awarded a portfolio of unsecured loans for a nominal value of €8.4 mln from a major Italian institutional investor.

Linus Digital Finance appoints head of legal

Data- and tech-driven finance platform Linus Digital Finance has appointed Christopher Danwerth to the newly-created position of head of legal.

WeWork finally goes public through BowX merger

Global shared office provider WeWork has inked a merger deal with a special-purpose acquisition company (Spac), allowing the beleagured flexible space giant to finally go public.

Workman & Kitt launch UK flexible managed space solution

Commercial property management and building consultancy firm Workman has partnered with Kitt, a UK-based managed office operator, to launch a new managed space service for the UK market.