The Public Sector Pension Investment Board, one of Canada’s largest pension investment managers, is backing Greensoil PropTech Ventures’s new fund with several other new and returning investors from the real-estate sector. The fund will invest in technology to help enable digitization and decarbonization in the real-estate industry. (The Logic)

Talking point: The fund has so far raised about half its $100-million target. Greensoil launched its first proptech VC fund—one of the first in the world—in 2015. “From its origins of largely hardware-focused technologies to reduce facility operating costs, proptech is exploding into a myriad of technologies, leveraging the cloud, machine learning and SaaS business models to provide real estate-specific use cases,” said David Harris Kolada, managing partner at Greensoil and the new fund’s manager. Greensoil’s investments include CarbonCure and mobile, 3D-scan technology provider Kaarata.