Patrizia invests in AI with Evana acquisition

By Richard Hook2018-10-04T08:29:00

Source: Shutterstock/Ociacia

Patrizia Immobilien has made its first major move into the artificial intelligence technology market with the acquisition of a strategic stake in proptech firm Evana.

Patrizia has become the lead investor in the company which provides data management services including AI for the real estate industry. Evana’s technology applies self-learning algorithms to extract and evaluate large volumes of data.

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