The real estate-focused venture firm has secured Invitation Homes and Ivanhoé Cambridge as limited partners for a decarbonisation-focused fund.
New York-listed housing provider Invitation Homes and property manager Ivanhoé Cambridge have committed to US-based venture capital firm Fifth Wall’s Climate Technology Fund.
The fund will invest in technologies focusing on decarbonisation within real estate. It is stage agnostic and will target areas such as materials, construction, operations and revitalisation.
Brendan Wallace, Fifth Wall’s co-founder and managing partner, said: “Decarbonising the residential sector is critical to the future of our environment.”
Dallas Tanner, Invitation Homes’ president and CEO, added: “We…
