August 8

REdimension Capital, South African VC Firm, Secures Over $10 Million for Proptech Fund

REdimension 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. In addition, it received investments from Liberty Two Degrees, Liberty Group, and Sphere Holdings, among other investors.

Photo courtesy of dany13.

Source: Tech in Africa (link opens in a new window)

Investing, Technology
decarbonization, digital inclusion, housing, venture capital