R
-LABS, a real estate venture builder, has raised $3.5 million CAD to expand its partnership capabilities and co-found new companies addressing Canada's most pressing sector challenges. The investment was led by Hatch, a global engineering firm, and joined by existing investors Oxford Properties, Dorsay Development Corp, and LandSure Systems Ltd. This funding will enable R-LABS to tackle complex issues such as housing affordability, climate resiliency, complete communities, and building optimization.

    Hatch brings its expertise in tackling urban systems, infrastructure, and environmental challenges to the R-LABS ecosystem, joining a partnership of leading corporations and institutions across the real estate sector. "We're excited to contribute our strengths to R-LABS' success," said John Bianchini, Chair and CEO of Hatch. "By partnering with R-LABS, we can tackle some of Canada's biggest challenges and make a meaningful impact."

    R-LABS has already co-created companies like Assembly, which provides sustainable wood construction solutions for urban markets, and NOAH, an advanced flood risk platform helping insurers and property owners manage flood risk. The new funding will support emerging companies driving innovation in housing affordability, climate resiliency, and building optimization across Canada.

    The partnership between R-LABS and Hatch aims to unite innovators, institutions, industry leaders, and entrepreneurs committed to building the next generation of great Canadian companies. "We're tackling real estate's biggest challenges with bold ideas and a collaborative approach," said George Carras, Founder and CEO of R-LABS.