Latest Trends and Insights in Real Estate Technology

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  • Shadow Ventures Unveils New $34M Fund to Invest in Cutting-Edge Technology for Global Infrastructure

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. Shadow Ventures is a member of the CREtech Climate Venture Coalition, A collaboration of the leading VCs in the Built World working together to accelerate investments in climate tech startups globally in the race to decarbonize the built environment.  Shadow Ventures has announced the launch of its second fund, a $34M seed fund aimed at partnering with en…

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  • Sure, Private Equity Is Interested in Proptech — They Just Prefer to Make Big Moves

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Private equity has been investing in proptech for years, but their interest has varied as they seek real estate tech companies that meet their high yield expectations. Meanwhile, proptech entrepreneurs weigh the decision between taking private equity funding, which demands substantial profits, or opting for venture capital, which offers less pressure for…

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  • Charging “trees” might be the solution to cities’ biggest electric car challenge

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  A New York startup, Gravity, aims to revolutionize urban EV charging with its high-powered “trees” that can recharge cars in just five minutes. These sleek, curbside DEAP Trees (Distributed Energy Access Points) are designed to tackle the significant challenge of EV charging in cities, offering a faster, more efficient alternative to traditional chargers…

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  • Clean Investment Monitor: Q1 2024 Report

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Clean energy and transportation investments in the US reached a record $71 billion in Q1 2024, marking a 40% increase from Q1 2023. This sustained growth trend, starting in Q1 2021, highlights the sector’s rising influence, with clean investments now accounting for 5.1% of total US private investment, up from 3.7% last year. Key Highlights: Manufacturin…

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  • Why do 85% of AI efforts in real estate fail?

    Emily Wright – CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin. This was one of the big questions posed last month at CREtech London where delegates heard that over three quarters of attempts to implement AI within the real estate sector are not currently meeting the desired outcomes.  Not the most inspiring statistic on the face of it, but the fact it was raised as a problem to be scrutinised is actually extremely enco…

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  • Goldman Sachs: AI Set to Propel 160% Surge in Data Center Power Demand

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  The energy demands of data centers are set to soar, with AI as a key driver. Currently, a ChatGPT query requires nearly 10 times the electricity of a Google search, and this rising energy consumption signifies a major shift in power usage globally. Goldman Sachs Research projects that by 2030, data center power demand will grow by 160%, increasing their …

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  • Orange Charger Unveils Next-Gen EV Charger for Multifamily Properties with $6.5M Funding Boost

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Orange Charger, founded by former Tesla executives, has announced the launch of its latest EV chargers and software platform designed specifically for multifamily properties. With the goal of providing affordable and reliable EV charging to the 43 million Americans living in such residences, the new chargers aim to address the projected rise in EVs, expe…

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  • Proptech Accelerates Innovation in the Motor City

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Detroit, once the fourth-largest city in America, is seeing a resurgence fueled by proptech startups. The city, which saw its population grow for the first time since 1957, is now home to innovative tech companies transforming its real estate landscape. Detroit’s recovery from bankruptcy has been driven by the auto and mortgage industries’ renewed commit…

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  • Adam Neumann Abandons Plan to Reacquire WeWork

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Adam Neumann, co-founder of WeWork, has abandoned his bid to repurchase the company, bringing an end to his audacious attempt to regain control. Neumann, who left WeWork in 2019 amid pressure from investors, had hoped to revive the struggling company with a takeover bid through his new real estate venture, Flow. Despite offering over $500 million, WeWork…

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  • Game-Changing Breakthrough Reveals Recipe for Zero-Carbon Cement

    CREtech

    Thanks for keeping up with the CREtech Community in the News! For more news about members of the CREtech Community, follow us on Linkedin.  Cambridge researchers have discovered a breakthrough method to create zero-carbon cement by recycling concrete and steel together. This innovative process involves adding old concrete into steel-processing furnaces, which not only purifies iron but also produces reactivated cement as a byproduct. When powered by renewable energy, this method could lead t…

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