Spanish bank invests in sustainable proptech fund
7th July 2022
BBVA has invested in Fifth Wall's Climate Fund, which will in turn invest in companies seeking decarbonisation solutions which address the entire lifecycle of buildings.
The Spanish bank said its investment would "help the bank learn firsthand about the most disruptive technologies to fight global warming, while also gaining exposure to the business opportunity that investing in climate tech presents". The amount of capital invested was not disclosed.