London Borough creates digital twin with new street imagery
Smart Cities World
The new imagery and associated lidar data provides a full 3D digital representation of the environment and can be viewed simultaneously alongside other geospatial data.
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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Bungalow Valuation Soars Over $600 Million as Deer Park Invests
Bloomberg
Bungalow, an online marketplace for residential real estate, has more than tripled its valuation to over $600 million after raising $75 million in equity funding.
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Plentific cements $100M to expand its property management SaaS
TechCrunch
London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm of the eponymous real estate giant — along with Mubadala Investment Company and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global….
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Kapacity.io is using AI to drive energy and emissions savings for real estate
TechCrunch
Y Combinator-backed Kapacity.io is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. It does this by providing incentives to building owners/occupiers to shift to clean energy usage through a machine learning-powered software automation layer….
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Applying IoT and Reducing Friction in the Workplace, Part 1
CREtech
IBM’s Michael Domitrovits discusses the types of technology solutions he deems most valuable, from software that combines lease and space data, to sensors that collect data on human behavior.
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Proptech Platform Dottid Aims at VTS With New Interface: Exclusive
Commercial Observer
In a bid to challenge proptech powerhouse VTS, Dottid, a commercial real estate SaaS technology platform for asset management and leasing transactions, has launched a new user interface and user experience (UI/UX) aimed at streamlining access to the startup’s services.
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A Startup Is Turning Houses Into Corporations, And The Neighbors Are Fighting Back
NPR
On a sleepy cul-de-sac amid the bucolic vineyards and grassy hills of California’s Sonoma Valley, a $4 million house has become the epicenter of a summer-long spat between angry neighbors and a new venture capital-backed startup buying up homes around the nation. The company is called Pacaso. It says it’s the fastest company in American history to achieve the “unicorn” status of a billion-dollar valuation — but its quarrels in wine country, one of the first regions where it’s begun operations, f…
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Goldman Sachs Swarms to Real Estate Sustainability With Beehive Program
Commercial Observer
Goldman Sachs Asset Management is buzzing with excitement about the benefits of delivering beehives to its real estate assets. Alvéole, an organization that brings bees to buildings to help businesses improve engagement and sustainability goals, is partnering for the first time with the institutional real estate investor at more than 30 Goldman Sachs locations in major markets with eyes on future expansion as a standard offering. The initial launch at Goldman Sachs buildings in the New Yo…
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Industrious hires new COO to lead IPO prep, international expansion
The Real Deal
Industrious has a new chief operating officer. The flex-office provider has tapped Liz Simon, chief operating officer at tech-focused continuing education school General Assembly, as its new COO, The Real Deal has learned.
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essensys Appoints Arthur Mirante III As Head of Strategic Partnerships
essensys
NEW YORK – August 11, 2021 – essensys, the leading global provider of software and technology to the flexible workspace industry, has appointed Arthur Mirante III as Head of Strategic Partnerships. Arthur brings with him 25 years of diversified experience in the investment banking industry, with a focus on real estate securities. Most recently, Mirante served in real estate and project development for Lightower Capital. Prior to Lightower, he worked in the REIT sector as an analyst …
