SoftBank’s latest proptech bet is leading Pacaso’s $125M Series C
TechCrunch
Less than six months after raising $75 million, Pacaso — a real estate platform which aims to help people buy and co-own a second home — announced today that it has raised $125 million at a $1.5 billion valuation.
Lidar sensors cruise from self-driving cars to digital twins and the metaverse
VentureBeat
Lidar technology has gained attention among a slew of advanced technologies promising to create tomorrow’s self-driving cars. But lidar sensors are also prominent in efforts to produce digital twins and metaverse use cases.
Spike in proptech players sparks $18 billion of M&A
The Real Deal
The number of proptech startups seeking to bring high-tech to the commercial real estate industry has increased three-fold to 8,000 in the last decade, according to JLL data.
Students Are Going Back to Class, and Property Investors Want to House Them
Wall Street Journal
With millions of students heading back to college campuses this month, some of the world’s largest property investors are pumping billions of dollars into buying and developing off-campus housing.
Tishman Speyer Aims to Cut Emissions Across Entire Real Estate Portfolio to Net Zero by 2050
ESG Today
Real estate owner, developer, operator, and investment manager Tishman Speyer announced today a new climate commitment, aiming to achieve operational net zero carbon emissions by 2050 or sooner across its entire global portfolio.
Horizon Technology Finance and Trinity Capital Provide $40 Million Venture Loan to Nexii
Horizon Technology Finance
Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, along with lending partner Trinity Capital Inc. (NASDAQ: TRIN) (“Trinity”), a leading provider of debt and equipment financing to growth stage companies, announced today that they provided a $40 million ventur…
Future-Proofing, Sustainability, and Tech Disruption in CRE Trailer
CREtech
Geoffrey Kasselman of CRG Integrated Real Estate Solutions focuses on what it means to future-proof your business, and why it’s critically important.
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Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investors, including Bow Capital, Vertex Ventures US and The House Fund.
Google launches ‘digital twin’ tool for logistics and manufacturing
VentureBeat
Google today announced Supply Chain Twin, a new Google Cloud solution that lets companies build a digital twin — a representation of their physical supply chain — by organizing data to get a more complete view of suppliers, inventories, and events like weather. Arriving alongside Supply Chain Twin is the Supply Chain Pulse module, which can be used with Supply Chain Twin to provide dashboards, analytics, alerts, and collaboration in Google Workspace.
Measurabl Closes $50 Million Series C, Expands World’s Leading ESG Technology Platform for Real Estate
PR Web
Measurabl, the world’s most widely adopted ESG (environmental, social, governance) technology platform for real estate, announced today it has closed $50 million in Series C funding. The funds will accelerate the expansion of Measurabl’s platform and support the launch of new services to meet rapidly growing global demand for sustainability and decarbonization tools. The round was led by Energy Impact Partners, a global investment firm leading the transition to a sustainable energy future.
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