More than 50 corporates have thrown their weight behind Fifth Wall Ventures’ second fund, which has achieved a $503m close to invest in proptech developers.
US-based venture capital firm Fifth Wall Ventures closed its second fund yesterday after raising $503m from more than 50 corporate limited partners (LPs) hailing from 11 countries.
Fifth Wall identified about half of the LPs in its announcement, naming real estate investment trusts Gecina, Merlin Properties, British Land, Segro, Equity Residential, Host Hotels & Resorts, Hudson Pacific Properties, Macerich and Kenedix.
Commercial real estate company Cushman & Wakefield, home construction firms Lennar, PulteGroup, Toll Brothers and DR Horton, mortgage insurance…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
