City Developments Limited (CDL), a Singapore-listed property developer and owner, has led the fresh funding round in Pupil, the London-based real estate AI measurement startup that seeks to disrupt the $280-trillion global real estate industry.
In a statement, Pupil said CDL acquired a minority stake in the startup for an undisclosed amount. Other backers in the latest funding round include US-based investors, European family offices, high net worth individuals, and managers of some of the world’s largest hedge funds.