Hatch participates in $3.5 million investment in R-LABS to tackle Canada’s real estate and housing challenges
New partnership brings Hatch’s global expertise to support venture building in housing, infrastructure, and climate innovation
Hatch participated in a $3.5million investment in R-LABS, a Canadian venture builder focused on solving complex challenges in real estate, housing affordability, and climate resiliency. The funding round also includes participation from Oxford Properties, Dorsay Development Corporation, and LandSure Systems Ltd.
As part of this investment, Hatch joins the R-LABS ecosystem as a professional services and engineering partner, bringing global expertise in infrastructure, urban development, and environmental solutions to support the creation of new ventures.
“As entrepreneurs with a technical soul, Hatch welcomes the opportunity to contribute to the success of R-LABS. This is a great platform for us to combine our strengths with wonderful partners to tackle some of Canada’s—and the world’s—biggest challenges," said John Bianchini, chair and CEO, Hatch. "By joining R-LABS' ecosystem, we're unlocking new opportunities alongside other leading and innovative real estate companies making real impacts, helping solve climate change and realizing better places and outcomes for people.”
“The challenges in real estate, housing, resilience and economic productivity are not what is defining Canada today—what is defining us is how we are choosing to tackle them,” says George Carras, founder and CEO of R-LABS. “This investment from Hatch adds world-class design, business, and engineering strength to our collaborative partnership, accelerating bold ideas and uniting innovators, institutions, industry leaders and game changing entrepreneurs who are committed to building the next generation of great Canadian companies.”
For more information, please contact:
Lindsay Janca
Global Director, Public Relations
Tel: +1 905 403 4199
Email: media@hatch.com
About Hatch
Hatch is a global engineering, project delivery, and professional services firm. Whatever our clients envision, our teams can design and build. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we know your business and understand that your challenges are changing rapidly. We respond quickly with solutions that are smarter, more efficient and innovative. We draw upon our 10,000 staff with experience in over 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve.
Find out more on www.hatch.com/About-Us.