NEWS
- press release
Miami, FL – Gridics LLC, a Miami-based real estate tech and data company, today announced the expansion of its real estate development analysis platform to include six more major cities. The Gridics platform allows users to calculate and visualize, in 3D, the development feasibility and capacity of a parcel or... Read more
- news
Bird Is Said to Raise New Funding at $2.5 Billion Valuation
7/23/19SAN FRANCISCO — Bird, a start-up that rents out electric scooters, is being valued at $2.5 billion in a new funding round led by the venture capital firm Sequoia Capital, according to three people with knowledge of the deal. The funding puts Bird’s valuation slightly above the $2.3 billion that... Read more
- news
Pinnacle Storage to List $100M of Assets on New Blockchain Platform
7/23/19New York, NY—Pinnacle Storage Properties plans to list more than $100 million of self-storage properties on a forthcoming blockchain-based commercial real estate financing platform called Earn.re. Besides listing the properties, Pinnacle Storage is also a project sponsor for the platform, which is scheduled to launch in late 2019. Based in... Read more
- press release
Denver, July 24, 2019 – Upsuite is excited to announce that we have successfully raised $900,000 (US) fundraising from a stellar consortium of international and domestic investors led by angel investors and global CRE powerhouse firms. The funds will be used to support product development, market expansion and talent acquisition.... Read more
- news
The City That Never Deletes: How New York City Became a Real Estate Data Mecca
7/23/19If you can make it here, you probably can’t make it anywhere else. Data, the fuel on which so much of the technology and appraisal of real estate runs, is up-to-date and in abundant supply in Gotham, but still living in the dark ages in the rest of the country.... Read more
- news
Uber tests monthly subscription that combines Eats, rides, bikes and scooters
7/23/19Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters. In this pilot phase, Uber is testing a few different iterations in San Francisco and Chicago, but each version includes a fixed discount on every ride, free Uber Eats delivery and free JUMP (bikes and... Read more
- news
With $1 Billion From Microsoft, an A.I. Lab Wants to Mimic the Brain
7/23/19SAN FRANCISCO — As the waitress approached the table, Sam Altman held up his phone. That made it easier to see the dollar amount typed into an investment contract he had spent the last 30 days negotiating with Microsoft. Read more
- news
Amazon is opening a pair of new robotic fulfillment centers in Ohio
7/23/19Amazon this morning announced its intentions to open a pair of robotic-powered fulfillment centers in Ohio. The two warehouses — both larger than 700,000 square feet — will be located in the north of the state, in Akron and Rossford, respectively. They’ll function much like Amazon’s other shipping centers, providing... Read more
- news
Moderne Ventures Announces 2019 Midyear Passport Class
7/23/19CHICAGO, July 18, 2019—Moderne Ventures, a venture investment fund focused on technology and innovation, announced today the names of the seven companies accepted into its 2019 Midyear Passport Program, a 7-month industry immersion program designed to help companies accelerate growth and build meaningful partnerships within Moderne’s multi-trillion dollar industries. Read more
- news
Los Angeles fund Fifth Wall says it will channel some capital from its new property fund into Asian start-ups
7/23/19Fifth Wall Ventures, a Los Angeles-based venture capital firm, plans to invest part of the proceeds from its new US$503 million property technology fund on start-ups in Asia, reflecting the first time it has channelled capital beyond US shores. The firm announced it had closed Fund II to new investors... Read more
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