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Veev, a realestate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional realestate developer and asset manager.
The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, realestate and manufacturing industries. It especially wants to reduce waste and CO2 emissions. Image Credits: Kompas.
Mudafy , a tech-enabled realestate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. It claims that it is doing more than 100 realestate transactions per month and is currently originating over 50% of the mortgage loans for its customers. .
Juno , a proptech startup which aims to build more sustainable and affordable apartment buildings, has raised $20 million in a Series A funding round. Comcast Ventures, Khosla Ventures and RealEstateTechnology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception.
Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on realestate tech, blockchain, AI and sustainability. We believe this represents a significant opportunity for realestate tech entrepreneurs.
With technology rapidly shaping business outcomes, and the tech infrastructure supporting every aspect of business, CIOs much deservedly now occupy a seat at the table. For Shajy Thomas, Regional Head of Tech APAC at Technicolor, technology actively contributes to shaping long-term business outcomes.
At a time when the commercial realestate world is struggling, self-storage is an asset class that continues to perform extremely well. Neighbor also partners with commercial realestate operators to turn their under-utilized or vacant retail, multifamily or office space into self-storage.
That’s where Puls Technologies come in. Puls Technologies app. Image Credits: Puls Technologies. The business is at a clear inflection point with new membership and warranty products driving increasing and exciting business metrics that point to a sustainable growth trajectory,” he added.
Mighty Building’s self-proclaimed mission is to create “beautiful, sustainable and affordable” homes. As a founding team, we have long been passionate about solving productivity for construction in a sustainable way,” said co-founder and CEO Slava Solonitsyn. We believe that we have a master plan now that can work.”
The startup’s co-founder and CEO Mostafa El-Beltagy told TechCrunch that the mortgage financing plan is part of their strategy to introduce new products that are aligned with clients’ needs, ensuring sustainability for their business. The realestate sector contributed 10.3%
While technology trends come and go, the SaaS industry has been a core buyer priority and industry growth engine for 25+ years. Instead, were witnessing a maturation of the industry, shifting towards more sustainable business models and a focus on profitability. AI: Disruption or evolution?
Spending on getting the world’s realestate to net zero will require $1.7 Technology that improves how much we can utilize and enjoy these spaces at any stage of a building’s lifespan is relevant and valuable. Also, when transactions slow down, realestate groups tend to focus more on internal operations.
Instead, we need to focus on investing time, energy and resources into solutions that actually deliver a more sustainable economy. Its time to bring pragmatism to the table by unleashing technology where it matters, to enable a cleaner, more resilient and more productive economy.
La Haus , which has developed an online realestate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. The new capital was obtained as an extension to the company’s Series B, the first tranche of which closed in January.
And while the company claims to be “in a strong financial position with many years of runway,” it adds that its shift away from SMBs to focus more on enterprise customers — and, by default, any related layoffs — will put the company “on a path to sustainable profitability over the next few years.”. Fintor is one such example. Weekly News.
Front and center come the estimated 97 billion square feet of commercial realestate. Despite this sizable footprint and impact on climate, lack of awareness and the realestate industry’s sluggish pace of tech adoption have hampered action until recently. Climate technology solutions across the realestate value chain.
Prior to 1SV, Ginny led Ventures at Jamestown, a $12Bn realestate private equity firm. She has also worked on realestatetechnology initiatives at Apple, Fifth Wall Ventures, and Harvard University after starting her career in product design. Neesha is a World Economic Forum Global Shaper.
Maggie Peña, chief experience officer, Interlace Health Interlace Health The C-suite is expanding to include more IT leaders today, a reflection of how important technology is to the business. As a result of this shift, we have seen an emergence of new technology-focused roles becoming more commonplace.”
Designing for sustainability adds even more complexity to the process, chiefly because it requires integrating “green” principles and complying with environmental laws and regulations. Stephane Levy, a construction industry veteran, is of the persuasion that technology can solve many of these issues. Image Credits: BeamUP.
This certification was done by Natural Capital Partners, an independent global leader in sustainability solutions. Achieving this status reflects John Snow Labs’ ongoing engineering, scientific, and operational efforts to minimize the environmental impact of AI technologies.
While on these “diligencing” visits, De Gruchy spotted what he describes as a lack of real-time digital data and visibility into “operational inefficiencies,” as well as health risks and environmental concerns surrounding buildings and facilities.
Roofstock co-founder and chairman Gregor Watson and realestate investor Rob Bloemker started the venture firm in 2021, and had their first close last year. The new firm will invest in 30 to 40 early-stage companies in the realestatetechnology world, with check sizes ranging from $500,000 to $2 million.
It partners with investors, property owners, developers and hotel operators to create technology-based units. Christian Gaiser, CEO, and co-founder of NUMA Group said: “Our clear goal is to establish NUMA as the dominant technology and creative solution provider for a completely new generation of hotels in Europe. ”
Generative AI reminds me of ball bearings: the technology is relatively inexpensive, highly adaptable and a proven way to reduce friction. “The opportunity for entrepreneurs in realestate tech across search, listings, mortgage, insurance, construction and sustainability is the kind that shows up once a generation.”
The synergy between IoT and AI drives cities toward greater innovation, sustainability, and responsiveness. The technologies at the heart of smart cities Several technologies underpin smart cities. In Asia, Singapore aims to green 80% of its buildings by 2030 as part of its sustainability initiative.
Other investors on the cap table include Nordic realestate innovator NREP, Nordic property developer OBOS, U.K. realestatetechnology fund Round Hill Ventures and Norway’s Construct Venture. “So it wasn’t just a great team with a great idea and some great technology, they actually solved the problem.
City skyscrapers and office parks may remain scarcely occupied in the post-pandemic work era, but commercial realestate player JLL’s business is not slowing down, thanks to the company’s embrace of technology and high-growth opportunities to adapt and prosper. You don’t have to clean it up.
Clara Bullrich is co-founder of TheVentureCity , and has participated in more than 50 NFT and cryptocurrency deals and is on the board of Liquid Meta, a decentralized finance infrastructure and technology company. From copyright enforcement to buying realestate and identity verification, NFTs play a big role in the remote,= digital world.
” Analysts at McKinsey (among others) predict the pandemic will spur an interest in more comfortable, sustainable working spaces. “To get to the future of realestate, there needs to be a digital platform that can aggregate building data, [allowing] building managers to customize automation controls and act upon it in real-time.”
Other investors on the cap table include Nordic realestate innovator NREP, Nordic property developer OBOS, U.K. realestatetechnology fund Round Hill Ventures and Norway’s Construct Venture. I also asked if Spacemaker sold out too early? And why did U.S.-headquartered
Other European realestate and venture capitalist investors participating include Kaamos, Superangel, United Angels and NREP (via its anchor investment into the 2150 venture capital fund, which promises to back sustainable urban technologies). It also pitches itself on being more sustainable.
OpenSensors, uses sensors to monitor air quality and light intensity, but it’s the data platform that is the real “special sauce” The startup’s technology works to reveal workplace and workforce conditions and patterns. and Europe, in industries such as insurance, finance, tech and more.
Collectively, these companies go some way toward addressing the housing shortage by using technology to modernize a sector that is often regarded as one of the least efficient and digitally-averse industries. Elsewhere in the U.S., million) from Goldman Sachs.
Additionally, OfficeBanao is using newer technology to advance the interior design process for workspaces. It is encouraging to see the early progress, the sustainable business model and most importantly, the customer delight they have delivered – and we look forward to their continued expansion.”
Two topics that are top of mind are where work gets done and the related impact on office realestate investments and the role of the office going forward. Aruba is a leader in delivering best-in-class modern workplaces and technology. Corporate realestate investments are changing. The future of work is hybrid.
“Today, most developers and realestate owners know very little about their exposure to flood risk,” 7Analytics cofounder Jonas Toland told TechCrunch. million in a seed round of funding led by sustainability-focused VC firm Momentum Partners , with participation from Construct Venture and Obos VC.
Salesforce over-hired during the pandemic He added that as Salesforce’s revenue accelerated through the pandemic, the company over-hired and can no longer sustain its current workforce size due to the ongoing economic downturn. “I CRM Systems, Technology Industry. I take responsibility for that,” Benioff said in his letter.
“If you saw VCs dumping dollars — in a tougher fundraising market, no less — into a technology like AI that you could implement into your own business, why wouldn’t you?” “You can’t blame the YC companies for leaning into AI,” she writes.
Past recessions and the ongoing pandemic have created real uncertainty about the future of commercial and residential realestate, but farmland is “historically stable,” says Artem Milinchuk, founder and CEO of FarmTogether. Meet retail’s new sustainability strategy: Personalization.
The attraction in part with Rohlik is how it has used logistics technology combined with a close understanding of the market (one of ?upr’s upr, whose passion for service, sustainability and vision for the grocery sector we share. “We are honored to partner with Rohlik’s founder Tomáš ?upr,
In a grand event held in Riyadh, the first edition of the CIO50 KSA Awards honored Saudi Arabia’s top technology leaders who have transformed the digital landscape amid unprecedented challenges. Their collective efforts underscore the critical importance of technology in both public and private sectors.
“We value and appreciate our partnership with GFJ ESG, and share similar goals towards building a more sustainable future for Europe and the world.” ” Additionally, Tado said that it’s planning to work with realestate companies that manage rental properties, which could help Tado scale. and Austria.
As a result, sustainable startups in this climate have a unique opportunity to shine by aligning their missions with the growing demand for impactful investments. Let’s go over the key factors that stand to attract investment in sustainable startups and lead to success. What are impact investors looking for?
But that depends on our ability and commitment to take care of it properly.” — Lou Corriero, Vice President of Cloud Technologies at IT Vortex. Lou Corriero, Vice President of Cloud Technologies at IT Vortex, notes that the organization frees its customers to focus on their businesses, not the IT required to run them.
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