Katten represented PSP Growth, the lead investor in a $102 million Series D funding round for OpenSpace, an AI-powered analytics platform for builders creating visual records of jobsites. PSP Growth is the venture and growth equity arm of PSP Partners.
OpenSpace announced financing round on March 2, noting it is meeting growing demand for automated reality capture by expanding product offerings in the construction and real estate space and growing its international footprint. With this latest round of funding, the construction industry startup has raised $157 million over the last year.
The Katten team negotiating on behalf of all investors included Corporate partners Daniel H. Render and Tanya L. Curtis, Privacy, Data and Cybersecurity partner Trisha Sircar, and Corporate and Capital Markets associates Fabiola T. Valenzuela and Gregory J. Branson.
"OpenSpace Extends Leadership in Reality Capture for Construction with $102M Series D Financing," PR Newswire, March 2, 2022
