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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 billion in 2021, based on Strategy Analytics’ report. million (13 billion won) in a Series B+ round as it scales up. The company has about 50 B2B customers.

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After 80% ARR growth in 2020, Saltmine snags $20M to help employees return to a ‘new normal’ office

TechCrunch

Existing backers Jungle Ventures and Xplorer Capital led the financing, which also included participation from JLL Spark, the strategic investment arm of commercial real estate brokerage JLL. . Besides aiming to improve the workplace design process, Saltmine claims to be able to help companies “optimize their real estate portfolios.”.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

For decades in the AEC industry, work has been performed on a project-by-project basis using computer-aided design (CAD) and more recently building information modeling (BIM) software to create specific 2D and 3D deliverables. We’ve seen an uptake in live digital twins in recent months,” says Martin Rapos, CEO of 3D BIM developer Akular. “In

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AI-powered building design platform BeamUP emerges from stealth with $15M

TechCrunch

As a 2020 Wall Street Journal piece points out, while computer-aided software became the norm in the ’70s and ’80s, it wasn’t until 2002 that 3D modeling arrived with Autodesk’s purchase of building information modeling (BIM) software vendor Revit. ” Competition in the market.

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The role of IoT in shaping smart cities

CIO

Why the synergy between AI and IoT is key The real power of IoT lies in its seamless integration with data analytics and Artificial Intelligence (AI), where data from connected devices is transformed into actionable insights. These can even be visualized in 3D, providing a clear and intuitive understanding of the physical environment.

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E-viewing The Development Cost Of A Real-Estate App Like Fam Properties

Xicom

These days, the only way to market your real estate business is to flee from generic web pages, partner with the best app developers in Dubai and have your own real-estate app. . Besides, you have to be mindful of all ins and outs of real estate app development. The Tech Trends For Real Estate App.

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Proptech: the disruption of real estate

Apiumhub

Real Estate Technology or Property Technology is often referred to as RE Tech or PropTech. Basically, it is a use of technology in the real estate industry to make transactions more efficient. So, what is PropTech? Proptech benefits & opportunities. Virtual reality.