Venture capital firm raises $1bn for PropTech investment


Fifth Wall has just raised over £700mn for the world's biggest ever proptech investment fund, taking the heavyweight-backed VC's total capital under management to around US$3.2bn.

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Main image: Real Estate Tech Team Members with Fifth Wall Co-Founder and Managaing Partner Brendan Wallace, photographed on the roof terrace of the Fifth Wall Headquarters in New York City's Meatpacking District. From Left: Dan Wenhold, Brendan Wallace, Sarah Liu and Jonathan Hong. (Photo: Macey J. Foronda for Fifth Wall)