The property developer has contributed to an $11m round for peer-to-peer space rental platform Peerspace, bringing its financing to about $18m.

Property developer Mitsui Fudosan has participated in an $11m round for Peerspace, the US-based operator of a marketplace for rentable spaces.

Venture capital firms Foundation Capital and Carthona Capital and real estate loan provider Red Bridge Partners also invested in the round, according to a blog post by Peerspace founder and CEO Rony Chammas.

Founded in 2014, Peerspace runs a network through which users can hire out spaces to businesses for a range of activities including events, meetings, product launches…