ShareREdimension Real Estate Technology and Sustainability Fund I, the firm’s inaugural fund, has garnered over $10 million in financing from the South African venture capital company, REdimension Capital. Growthpoint Properties, Rand Merchant Bank, and Investec Property Fund spearheaded the financing round. REdimension Real Estate Technology and Sustainability Fund I, founded in 2021 by Peter Clark and Matt Marshall, is committed to funding entrepreneurs creating solutions to digitize the real estate sector. “We’re ecstatic about accomplishing a first close for the REdimension Real Estate Technology and Sustainability Fund,” the company’s founders Peter Clark and Matthew Marshall, said. It signifies a substantial landmark in developing property technology investment in South Africa.

Source: The North Africa Journal August 07, 2023 23:54 UTC