Patrizia has entered into the US proptech market by pumping cash into VC Camber Creek’s $155m (£117m) fund.
The company participated in the final close of Camber Creek Fund III, which closed at $155m, and said the investment was a “key milestone” in identifying “the most relevant technologies for further collaboration”.
Patrizia chief technology and innovation officer Manuel Käsbauer said: “Our partnership with Camber Creek will further help us identify the best solutions that enable advanced services and better investment choices for our clients.”
The move into the North American proptech market builds on Patrizia’s investments in Pi Labs Fund III and Taronga Ventures’ RealTech Ventures Fund.
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