Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500M for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday
Fifth Wall had planned to raise up to $150M to create a SPAC focused on investing in the real estate industry. The company would have traded on the Nasdaq under the ticker FWAB
Once closed, the merger would mark one of the biggest deals between a proptech firm and a special-purpose acquisition company to date
SmartRent helps property managers deploy technology, such as the Nest smart thermostat, across multiple units