SiteAware Closes $15M Series B Funding

SiteAware, a Hoston, TX-based Digital Construction Verification (DCV) technology, raised $15m in Series B funding round. The round was led by Vertex Ventures Israel, with participation from existing investors Robert Bosch Venture Capital GmbH, Axon Ventures, Oryzn Capital, The Flying Object, and lool Ventures.

2150 announces a series of new appointments to strengthen and expand impact measurement capabilities.

2150 today announces a series of new appointments as part of a renewed approach to measuring the overall impact of its €270m fund and the companies in which it invests. Peter Hirsch has joined 2150 as Head of Sustainability. A key part of his role is to lead its impact investment due diligence and to expand the 2150 framework for measuring impact in a meaningful way. The framework will be used to measure, track and report on impacts at both the investment and portfolio level using  a set of dim…

Registration Open for CREtech Webinar to Discuss Developing in the Metaverse: Virtual Real Estate and the Blockchain

CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has opened registration for their first webinar in a quarterly series of webinars ‘CREtech: What’s next?’ planned for 2022. The webinars will bring together a collection of well-versed industry experts who will share insights on major themes in the real estate tech industry. The first webinar to kick off the series, Developing in the Metaverse: Virtual Real Estate and th…

Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

If you’ve ever taken out a mortgage, you know how painful and tedious the process can be.

In an effort to make it simpler, faster and cheaper, a pair of former Blend employees have teamed up to build mortgage loan origination software that will connect banks, credit unions, mortgage bankers and brokers. Or in other words, they want to make it easier for financial institutions to make the whole lending process easier and more transparent for customers.

Propy launches NFT platform in the US, allowing real-world property to be bought as an NFT

Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world real estate sales by introducing the concept of smart contracts. It went on to actually sell an apartment as an NFT, using the NFT to effectively rubber stamp the legal process. However, that apartment was in Ukraine. Today it launches the whole concept in the U.S., an entirely different kettle of legal fish….

Roofstock ramps up iBuying, even with tenants in place

Despite Zillow’s iBuying fiasco, other companies are still pursuing the strategy, each with its own approach. For investing platform Roofstock, that means focusing on buying single-family homes with tenants in place — an unconventional approach.

Revolutionizing Real Estate: How Mobile 3D LiDAR will change the Industry

The past few years have been a case study in finding creative solutions for unpredictable situations. The spread of the COVID-19 pandemic has impacted global market conditions for every industry segment. Because of the fundamental need for shelter, employment, manufacturing and storage, the real estate industry has been at the forefront of these changes. The limitations of the pandemic have forced the key players to adapt and rethink their strategy to survive, and hopefully flourish.

Tech Firm Closes First Metaverse Mortgage For Acquisition In Decentraland

In what’s being touted as a first-of-its-kind transaction, a venture capital firm has taken out a mortgage to occupy space within the metaverse. Canadian technology firm TerraZero, which was founded last year to capitalize on burgeoning demand for the virtual community concept, offered financing for the approximately $30K deal. The undisclosed borrower acquired two parcels in Decentraland, one of about 10 major community platforms within the metaverse, where each digital parcel runs about $15…

South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

Zigbang, a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry.  Samsung SDS sells the smart home IoT division, which is the only B2C business Samsung SDS has, in order to focus on its B2B. Its main products include digital door locks and wall pads that connect to users’ smartphones. In 2016, Samsung SDS tried to sell the smart home Io…

Applying the World’s Best Tech to CRE Trailer

Niraj Patel examines the best uses of technology and how each can be applied to real estate.