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.
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, a European provider of digital data rooms, saw users of its asset management platform Drooms Portfolio rise 87% in 2020, year-on-year.
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.
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.
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, 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.
Data- and tech-driven finance platform Linus Digital Finance has appointed Christopher Danwerth to the newly-created position of head of legal.
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.