Nested raises £120m for expansion beyond London

Global construction firm Vinci’s innovation lab, Leonard, and multinational law firm Clifford Chance will work with Concrete VC to provide sector expertise to a range of commercial real estate startups.

The AI-powered sensor-as-a-service platform for commercial real estate has become the latest company to join the JLL Spark investment portfolio, in its $1.5m funding round.

The German smart thermostat provider has secured $50m in funding.

Commercial real estate investors including Legal & General, U+I, Town Centre Securities, MOMENI Digital Ventures, KingSett Capital and Savitt Partners have financed the round for the rating scheme for digital connectivity in commercial real estate buildings.

The company's robots drive autonomously through aisles, navigating safely among customers and store associates, and use AI to collect terabytes of data that retailers use to increase on-shelf availability.

CoStar intends to use the platform to expand its property website portfolio into the UK market with its acquisition of the free-to-list search engine for commercial property.

An eight-year-old company that allows facilities manages to store electrical inspection data online has been bought for £12m by building safety group PTSG.

The first step in the partnership will be supplying an interactive world delegate map, which will initially be showcased at this week's MIPIM UK event, and provide a visualisation of where participants are visiting from.