A number of corporates from the real estate sector have contributed to the property technology-focused venture firm's latest fund.
Several corporate investors have committed capital to the third fund for US-based venture capital firm MetaProp, which closed at $100m on Monday.
MetaProp was founded in 2015 and focuses on real estate technology developers. Its third fund is significantly larger than its previous vehicle, which closed at $40m in 2018.
The fund’s limited partners (LPs) include real estate services providers Cushman & Wakefield, CBRE and JLL, the last of which was represented by its corporate venturing unit, JLL Spark.
Property developers…