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ESG-focused proptech investor expands to Asia

25th November 2023

Proptech venture capital firm Pi Labs has opened in Hong Kong and appointed Akina Ho to lead its Asia business.

Ho was co-founder of the Hong Kong Proptech Alliance, where she is an adviser, as well as an adjunct professor at Hong Kong University of Science & Technology. She was previously head of digital transformation and innovation at listed real estate company Great Eagle Holdings.

Pi Labs said its new presence in Asia had been driven by its increasingly global investor network and their growing requirements for specialist proptech investment expertise in the region.

Ho said: “With Pi Labs’ expansion into Asia, it will allow investors to have access to deep tech startups that help to digitalise and decarbonise the built world.  As proptech in Asia is moving seriously towards a more ESG-focused strategic direction, it is perfect timing for Pi Labs to enter Asia.”

Pi Labs founder Faisal Butt said: “Hong Kong is a key gateway to Asia and benefits from progressive real estate developers already taking bold steps to deploy the latest technology into the built world. We already have partners in Hong Kong including household names such as Swire Properties and continue to have meaningful discussions with world-class capital partners who are searching for the connectivity, deep industry knowledge, and investment expertise we have in built environment technology.”

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