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Announced

Completed

Brookfield led a $175m Series D funding round in Material Bank.

Synopsis

Brookfield led a $175m Series D funding round in Material Bank, an operator of a material marketplace platform, with participation from Fifth Wall, SoftBank Vision Fund 2, RXR, 9Yards Capital, Echo Street, Bain Capital Ventures, Durable Capital Partners, General Catalyst, BOND, Raine Ventures, and Lead Edge Capital. “We have been fortunate to raise capital over the last few years from some of the best financial firms in the world, and with this raise, we turned our focus to strategic investors—and there is no better partner for our business than Brookfield given their massive holdings in real estate and related industries as well as their incredible track record of helping their portfolio companies grow," Adam I. Sandow, Material Bank Founder and CEO.

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