Solar projects advance Rhode Island’s renewable energy resources
Smart Cities World
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Smart Cities World
Bisnow
Women’s club The Wing is shaking up its leadership team after global coworking giant IWG provided a cash injection last month. Founder and former CEO of Care.com Sheila Lirio Marcelo has been named executive chairwoman of its board of directors, FastCompany reports. Laura Kassan, The Wing co-founder and previously its chief operating officer, has been formally named CEO….
TechCrunch
Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included participation from returning backer Andreessen Horowitz (a16z) and new investors DoorDash CEO Tony Xu and StockX CEO Scott Cutler. Xu and Cutler will join former Uber CEO Ryan Graves as investors and advisors to the Lehi, Utah-based startup. A16z led Neighbor’s $10 million Series A in January of 2020….
Bloomberg
Pacaso, a startup that offers shared ownership of residential properties, has raised $75 million in new capital at a valuation of $1 billion — just six months since its launch. The San Francisco-based company, founded by Zillow Group Inc. co-founder Spencer Rascoff and Dotloop founder Austin Allison in October, said it reached so-called unicorn status faster than any other U.S. company….
Ivanhoe Cambridge
Ivanhoé Cambridge is proud to announce a strategic partnership with Fifth Wall, the largest venture capital firm with a focus on real estate technology. Ivanhoé Cambridge and Fifth Wall share the belief that their partnership will accelerate Ivanhoé Cambridge’s technology adoption and innovation across its portfolio. To date, Ivanhoé Cambridge has also committed US$85 million across four Fifth Wall funds focused on climate technology, retail, real estate technology in North America and Europe, …
LinkedIn Pulse
The Lev team and I are extremely excited to share that we have raised a $10 million Seed round from NFX, Caanan Partners, and JLL Spark, the strategic investment arm of commercial real estate services firm JLL, as well as our existing investors, ANIMO Ventures and Ludlow Ventures….
Wall Street Journal
Microsoft Corp. MSFT -0.13% , one of the first American companies to ask staff to shift to remote work more than a year ago as the coronavirus pandemic hit, is ready to begin welcoming employees back to the office. Microsoft’s Redmond, Wash., headquarters and nearby campuses will start shifting to a hybrid-work approach on March 29, with some employees returning to office desks while others work from home, the company said Monday….
Los Angeles Business Journal
Culver City-based startup Openpath Security Inc. has been developing mobile-based door lock systems since 2016, but co-founder and President James Segil said the company’s access systems are more necessary now than ever.
Bizjournals
A startup focused on commercial real estate that weathered the challenges of COVID-19 is putting some roots down at Preston Center where it can be closer to customers. Dottid, a cloud-enabled technology platform for asset management and leasing transactions, has taken a lease for about 5,500 square feet, at least twice the space of its previous headquarters in Dallas, CEO Kyle Waldrep said in an interview….
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