NextNav’s 3D maps make the GPS blue dot more accurate
Axios
Digital maps are getting better every day, making turn-by-turn navigation more accurate, with real-time details. Adding a third dimension to mapping — altitude — is the next breakthrough.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Two-Thirds of Miami Condo Buildings Are Older Than 30 Years. The Repair Bills Are Coming Due.
The Wall Street Journal
Engineers say it can take just 30 years for condominium buildings to reach a point when owners can no longer delay making critical repairs. In the Miami region, two out of every three condo buildings are more than 30 years old, according to data compiled by real-estate data firm Zillow for The Wall Street Journal. In at least seven other Florida cities, some three-quarters of condo buildings have hit that age.
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Revel turns to software to keep its e-moped fleet powered without straining NYC’s grid
TechCrunch
Revel is turning to an app that gamifies energy use to keep its fleet of more than 3,000 electric mopeds charged without putting a strain on New York City’s power grid.
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NOW LIVE! What’s Next in Construction Tech, Part 3
CREtech+
Justin Saeheng, Head of Construction Technology at Stanley X sheds light on what market trends are affecting the construction industry most and how they are combating the labor shortage.
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Startups Must Make Board Diversity a Priority: One Year Progress Update
Matt Ellis
Matt Ellis Founder & CEO at Measurabl The purpose of my original post in August 2020 was to share my personal experience with diversity, equity and inclusion while building a startup. I hoped it will help other founders recognize opportunities I missed and build better companies out of the gate as a result. I’m happy to report that we’ve made notable progress on some of the goals I’ve outlined below, which I’ve detailed at the end of this post. I have six wonde…
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‘New normal’ – Hubble raises £2m for hybrid office platform
PlaceTech
Flexible office marketplace Hubble has hit £10m in total funding after a £2m Pi Labs-led top-up funding round. Pi Labs was joined by existing backers JLL Spark and Starwood Capital. JLL Spark had previously led a £4m investment into Hubble as its first European investment.
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Entrata Raises $507 Million After 18 Years Bootstrapped, Making It Utah’s Newest Software Unicorn
Forbes
Can a new CEO, half a billion dollars and the support of some of Utah’s most successful entrepreneurs push a longtime under-the-radar software business into the global ranks of software breakouts? Eighteen-year-old Entrata, a maker of property management software, is about to find out.
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GM Bets on a Return to Office With New California Campus
The Wall Street Journal
General Motors Co. plans to expand its offices in Southern California with the opening of a new tech campus next year, reinforcing its need for additional physical space as many companies shift more permanently to remote work. GM said Tuesday the new $71 million campus, which will replace its existing design center in North Hollywood, Calif., will allow it to grow its workforce in the area and help it expand business ventures related to electric and self-driving cars. It will be located on an…
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Related Cos., CareMax Partner Up to Develop Senior Health Centers in Underserved Communities
The Wall Street Journal
Related Cos., one of the largest owners of affordable housing in the U.S., is acquiring as much as a 9% stake in healthcare provider CareMax Inc. as part of its plan to develop scores of senior health centers in underserved urban communities throughout the U.S. Related, a developer of office buildings, malls and upscale apartments as well as affordable housing, will act as an investor, adviser, developer and, in some cases, landlord of CareMax health centers. As part of the deal, Related will…
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Walmart will be bringing Symbotic robots to 25 distribution centers
TechCrunch
Ask anyone who runs a fulfillment/warehouse robotics company what companies’ top motivation is for embracing automation and they’ll probably cite labor shortages or shipping speeds. The looming truth of the matter boils down to one word: Amazon. And while it’s true that smaller businesses are feeling the worst crunch, no one is immune to the online retailer’s dominance. Not even Walmart.
