Brookfield Property Group led a $40m Series B round in New Stand.

Brookfield Property Group led a $40m Series B round in New Stand, a New York-based company which specializes in creating convenience stores, with participation from Maywic, Fantail Ventures and Raga Partners. The company, which has raised over $56m since 2015 inception, intends to use the funds to expand operations and its reach in the business industry and add new space.