JLL came back to reinvest in the land development software developer through a $57.2m round which will fund international expansion.

UK-based land development software provider LandTech has secured £42m ($57.2m) in a series A round featuring real estate services firm JLL’s corporate venturing arm, JLL Spark, the Evening Standard has reported.

Investment firm Updata Partners led the round and was also joined by Flashpoint Secondary Fund and Pi Labs.

LandTech’s platform gives customers access to data that helps identify and evaluate off-market property opportunities. Its LandInsight, LandEnhance and LandFund tools help find, plan and fund new developments respectively.

The funding…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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