PATRIZIA partners with European proptech VC firm

PATRIZIA AG has partnered with proptech venture capital firm Pi Labs and has participated in company's third fund, which will invest in early stage proptech startups across Europe.

Pi Labs will further expand PATRIZIA’s access to innovative proptech startups at an early stage.

Launched in 2014, Pi Labs has an industry-leading track record across 43 investments. Since then, Pi Labs has gained a reputation for often being the first institutional investor in some of Europe’s leading proptech companies. Widely known as one of the top investors in proptech startups, Pi Labs provides unparalleled strategic support to its portfolio companies to help them scale.

The partnership follows PATRIZIA’s purchase of London-based online real estate investment platform BrickVest. Financial terms were not disclosed.