Real estate technology funding is reaching new highs, while at the same time migrating to established players, asserts a new report from JLL.
However, the company cautioned the industry shows signs of maturation and a range of issues are slowing progress, including a fragmented technology landscape, lack of industry standards, privacy and security needs.
Last year JLL found that venture capital equity funding to built environment technology slowed to $13.4 billion in 2020, down 19% from $16.6 billion in 2019.
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