Equiem adds to board with focus on space analytics

The cloud software used by flexible office operators has raised £14m for shareholders and the same again for the company to clear its debt and invest in growth, through a listing on the Alternative Investment Market of the London Stock Exchange.

GorillaSpace, an online market for offices based in Singapore, has completed an undisclosed seed round led by Japanese real estate developer Mitsubishi Estate Co from its dedicated $100m innovation pot.

Prof Andrew Baum, the influential thinker on the future of real estate at Saïd Business School, has joined the London-based startup as an expert advisor.

With the funds, Lane plans to make a string of hires and office openings across the US. Last month, the firm opened an office in New York and will be opening another in Los Angeles in Q3 of this year.

The Series D investment round was led by the tech investment arm of Brookfield Asset Management and is believed to be the largest venture financing made for commercial real estate software.

A digital parking solution, smart glass system and 3D city modelling tool were among technologies pitching in the semi-finals of the PropTech Startup Europe Awards.

The firm, which operates a $100m global venture fund for proptech companies, has appointed Eric Wittman from digital design firm Figma to take on the newly created role.

Serviced office and coworking upstart WeWork has confirmed it’s currently going through the process of listing on the New York Stock Exchange.

Anthony Gahan, founder of IPSX, joined PlaceTech to chat about what it was like getting the real estate stock exchange off the ground, how it’s going to work, what it means for agents, plans for the future and more. The podcast was hosted by PlaceTech reporter, Nicola Byrne.