Pupil, a spatial data company that owns the Stak and Spec brands used by the likes of JLL and Cushman & Wakefield, has won backing from private UK property group, Grosvenor.
Pupil has been busy working to digitally map the built world, taking physical offline buildings and digitising them. Its AI and proprietary software tools have been challenging traditional practices to show the real estate built environment worldwide. The firm captures 3D datasets of real world spaces.
Grosvenor is making the investment on behalf of its new Alternative Investment business which has been allocated €65 mln to deploy into European early stage proptech firms.
The team’s first investment was in Demand Logic, a technology platform which helps building owners and occupiers reduce energy consumption and cost, improve occupant wellbeing and increase maintenance effectiveness is already being deployed across its portfolio.