European venture capital firm Pi Labs has expanded internationally through the creation of a new Hong Kong outpost.
Pi Labs’ new presence in Asia has been driven by its increasingly global investor network and their growing requirements for specialist proptech investment expertise in the region, according to a statement.
Pi Labs focuses on early-stage investments in technology startups that are digitalizing and decarbonizing the built environment.
Faisal Butt, managing partner at Pi Labs, said, “Built world technology has a critical role to play in the evolution of cities. Proptech is now recognized as a global category that is positively transforming the future of our built world, and is leading the charge on the fight against climate change. We’re really proud of the progress we’ve made since we first launched in London in 2015 — and this step to scale our own business across key global markets is a pivotal, and exciting, moment in the evolut
