Global Venture Funding And Unicorn Creation In 2021 Shattered All Records
Crunchbase News
Venture funding in 2021 broke records across the board, Crunchbase data shows, with investment last year up more than 10x what it was a decade earlier.
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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Online whiteboarding platform Miro raises $400M to power the future of work
VentureBeat
Miro, a visual collaboration and online whiteboarding platform used by companies like Dell, Cisco, and Deloitte, has raised $400 million in a series C round of funding at a whopping $17.5 billion valuation.
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Why AR, not VR, will be the heart of the metaverse
VentureBeat
My first experience in a virtual world was in 1991 as a PhD student working in a virtual reality lab at NASA. I was using a variety of early VR systems to model interocular distance (i.e. the distance between your eyes) and optimize depth perception in software. Despite being a true believer in the potential of virtual reality, I found the experience somewhat miserable. Not because of the low fidelity, as I knew that would steadily improve, but because it felt confining and claustrophobic to ha…
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Tech and telecoms companies team to progress smart cities in Saudi Arabia
Smart Cities World
Tata Communications and Zain KSA are already working together on a smart street lighting solution for one of the key cities in the kingdom with smart waste and smart mobility also on the agenda.
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Learning Lessons in Contech and Proptech
GlobeSt
There’s an intrinsic tension between technology companies and the world. Tech wants to push forward through innovation and business opportunity and the world often interrupts to point out that sometimes solutions can incorporate significant problems. Navigating the spaces offers challenges, according to Christopher Yip, a partner at RET Ventures, a VC firm actively investing in technology in the commercial real estate space.
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Prologis Appoints New Sustainability Head To Lead Warehouse Decarbonization Push
Bisnow
Industrial warehouse giant Prologis is putting more resources behind its climate goals with a key hire. San Francisco-based Prologis has appointed Susan Uthayakumar as the firm’s new chief sustainability and energy officer, the firm announced Tuesday, placing her in charge of the company’s wide-ranging efforts to decarbonize and achieve global carbon-neutral construction emissions by 2025.
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Are we ready for the smart front door? Masonite thinks so
The Verge
Door manufacturer Masonite is showcasing the first residential smart door at CES 2022, highlighting the home building industry’s shift toward embracing connected technology. The concept was announced earlier in 2021, but CES is the first chance most will have to see the door in action.
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Underused Office Buildings Get New Life as Deluxe Apartments
Wall Street Journal
Overhaul of 1980s office complex in Virginia raises prospect that America’s office-building surplus could be ripe for apartment conversion
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Plentific acquires TouchRight Software.
Plentific
Leading Proptech platform Plentific’s suite of digital property management solutions continues to expand. Today, the company announced its acquisition of TouchRight Software, an award-winning reporting app that helps real estate professionals and contractors produce fast, paperless and high-quality inspection reports.
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CBRE Acquires Buildingi, Leading Provider of Occupancy Planning and Technology Services
CBRE
CBRE Group announced it has acquired Buildingi, a leading provider of occupancy planning and technology services, to meet growing occupier demand for holistic occupancy management services. Buildingi will fully integrate with CBRE’s Occupancy Management team and initially transition to “Buildingi from CBRE.”
