Countrywide to back tech hub

Kasmira Jefford
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COUNTRYWIDE, the UK’s largest lettings agency group, has given £250,000 of backing to a business hub aimed at finding the next big tech startups in property.

Property Innovation Labs (Pi Labs), create by Cushman & Wakefield and venture capital firm Spire Ventures, will help tech startups through mentoring and investment.

It launched a £500,000 fund last month and has raised £344,200 so far following Countrywide’s investment this week.

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