Proptech CIM set to bolster global footprint after raising $10m in Series A

 A Sydney-based software company using machine algorithms to monitor building maintenance and carbon emissions has secured $10 million in a Series A round led by Five V Capital.

Continuous Intelligent Monitoring (CIM) has also received support from Carthona Capital and backing from property executives such as Mark Steinert, who is the former CEO of Stockland (ASX: SGP).

The company has already established a presence in Europe, but the capital injection will support an expansion into Asia and North America. In addition, the raise will help double CIM’s staff headcount of 70 over the next 12 months.

Read More: https://www.businessnewsaustralia.com/articles/proptech-cim-looks-to-bolster-global-footprint-after-raising--10m-in-series-a.html



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