London proptech start-up LandTech obtains new funding to expand
Summary
The London-based ‘proptech’ start-up that helps developers buy land, plans to double the workforce after securing £ 42million in funding to expand. LandTech, founded in 2010 by former city planner Jonny Britton and software engineer Andrew Moist, helps seize off-market real estate development opportunities. The company today announced it has raised £ 42million, led by US investment firm Updata Partners and one of the tech support funds Flashpoint. Delayed recovery is greatest risk for Indian economy affected by pandemic: poll Britton said: “Our goals are to streamline the process of unlocking land value with a unique ecosystem of data-driven tools that will fill a critical void in the growth of the real estate development industry globally. “ Jon Seeber of Updateata said, “LandTech has achieved incredible growth with minimal funding and we are delighted to help them accelerate their international expansion and product development.