APG, Ivanhoé Cambridge invest in Taronga Ventures’ fund
APG and Ivanhoé Cambridge have invested in Taronga Ventures’ built environment technology fund – RealTech Ventures I (RTVI) — joining other leading global investors. This marks APG’s first proptech investment in Asia Pacific.
RTVI invests into global emerging technology companies that have a relevance for the Asia Pacific region, covering the entire real estate lifecycle with a strong focus on sustainable and clean technology companies.
In addition to investing in RTVI, APG and Ivanhoé Cambridge will become partners in Taronga Ventures’ ESG Impact innovation programme, which will be implemented across Asia in 2022 and 2023. The programme supports the adoption of best-in-class ESG technologies and innovations that drive real and measurable change.