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Prologis Invests In $212M Real Estate Tech Fund, Fifth Wall Ventures

Prologis, the provider of real estate and logistics services to manufacturers and distribution companies which has its operations center in Denver, is one of the investors in a new venture capital fund specifically investing in real estate technology. Fifth Wall Ventures, a brand new venture capital firm focused on investing in real estate technology, said this week that it has raised $212M in a new venture capital fund. Prologis is a limited partner in the new fund, along with CBRE, Equity Residential, Hines, Host Hotels & Resorts, Lennar, and Macerich. Fifth Wall Ventures, which is based in Southern California, said it has already made $60M in investments, in such companies as b8ta, ClassPass, Clutter, Notarize, Opendoor, States Title and VTS.


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