Navitas Capital, a venture capital fund focused on early-stage technology investments for the real estate and construction industries, closed its second fund with $60 million of commitments.
Navitas’ investment strategy is to provide a combination of growth capital, industry expertise and market access to high-growth technology companies in its primary focus areas: smart buildings, workflow solutions, artificial intelligence/machine learning, marketplaces, visualization, construction tech and financial services.
Investments in the firm’s first fund included PlanGrid, a provider of construction management software, Matterport, the leading interactive 3D and VR technology for real estate, and View, an intelligent glass company. Early investments in Navitas’ second fund include Truss, a listings and tenant rep marketplace for small commercial spaces, Aquicore, a provider of smart building and commercial energy management solutions, and Honest Buildings, a digital pl
