Canadian real estate firm to invest in UK’s proptech start-ups
Pi Labs parternship will give property businesses access to £100,000 funding and ability to tap into North American market
The UK’s property technology (proptech) community is set to receive a boost from Bosa Ventures – the investment arm of Canadian luxury real estate firm Bosa Properties – as it looks to invest in UK start-ups through a partnership with Pi Labs.
The partnership will give start-ups that are in the Pi Labs programme access to a potential £100,000 in pre-seed funding, as well as a “gateway” to the North American market.
Launched in 2014, Pi Labs offers a three-month bi-annual accelerator programme which provides a combination of funding, mentoring and office space.
To date, the accelerator has supported 16 proptech companies.
Colin Bosa, chairman of Bosa Properties, commented on: “Our alignment with Pi Labs will allow us both to be on the forefront of new frontiers of proptech, while leveraging the multiple streams of innovation we already have underway in the field of property development and construction.”