Bird & Bird ATMD acted for Singapore proptech firm Podium in its US$15.2million Series A-1 round fundraising

Bird & Bird ATMD has successfully acted for Podium, a Singapore property technology firm spun out of Lendlease, in its US$15.2 million Series A-1 fundraising round led by software giant Autodesk. Other investors joining this Series A-1 round were elevator manufacturer Schindler and real estate group Lendlease.

Podium is a cloud-based SaaS platform that accelerates the design-to-supply process of building production through innovative computational engine. The platform aims to tackle the major issues that the built environment is currently facing, such as low productivity, cost inefficiencies, excessive waste, and the rising demand for sustainable building practices. The funds will help Podium accelerate its growth in key markets, including Singapore and Australia.

The Bird & Bird ATMD team included corporate partner Sandra Seah and associates Chelsea Chan, Terrance Goh and Genessa Chew.