Proptech startups to benefit from Pi Lab's new pairing with CBRE
Venture capitalist firm Pi Labs has announced a new partnership with CBRE that will see the two organisations join together to nurture and mentor the next generation of property-focussed startups.
As part of the partnership, experts from the global real estate services firm will work closely with Pi Labs on mentorship opportunities with startups taking part in its proptech accelerator programme, which welcomes a new cohort in January 2017.
Ciaran Bird, Managing Director of CBRE in UK explained that the pairing was a way to both impart the firm’s global expertise in the property market to up and coming companies, and for CBRE itself to be tuned in to current innovations in the proptech sphere.
He said: “Our relationship with Pi Labs allows us to be at the forefront of proptech, and helps us to identify emerging technologies for the benefit of our clients and the property sector as a whole.
“Pi Labs has evolved rapidly since its inception and can now provide us with a unique view of the trends and new proptech innovations for all aspects of the real estate sector.”
Since launching in October 2014, Pi Labs has supported 16 startups in the property technology sphere, with innovations in key areas such as planning, social housing and office management.
Dominic Wilson, Managing Partner of Pi Labs, added: “Our strategic relationship with CBRE in the UK will allow a fantastic cross-fertilisation of property sector insights and the very latest trends and innovations in proptech. We are delighted to welcome CBRE to our stable of top tier supporters.”
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