Tishman Speyer has secured $100 million in commitments for its first proptech venture capital vehicle. The investments were anchored by the National Pension Service of Korea and Investment Management Corporation of Ontario.
The Tishman Speyer Proptech Venture Fund is seeking to raise $150 million to fund investments in technology-driven opportunities related to all sectors of real estate. The fund focuses primarily on investments in early-stage companies with proven technologies and disruptive business models designed to improve how residents, customers, brokers, investors, lenders, operators and owners interact with and experience real estate.
Tishman Speyer said the vehicle will specifically target emerging firms that can leverage the firm’s global portfolio, its expertise as an early adopter of real estate technology and its vast network of relationships.
“This is an exciting moment for real estate, an industry that will be transformed by cutting-edge inn
