Saint-Gobain and JLL were among the limited partners that put up the cash, which VC firm Navitas will use for real estate and construction technology deals.
Navitas Capital, a US-based venture capital firm that focuses on the real estate and construction industries, closed its second fund at $60m fund on Tuesday, raising capital from several corporates.
The LPs include construction materials supplier Saint-Gobain, real estate management and investment firms JLL and Divco West Real Estate Services, and apartment owner and manager Equity Residential.
Navitas targets companies in the space where energy and software meet in the construction and real estate sectors, and invests up to $5m…
