Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
British Land
British Land has made a strategic investment into Fifth Wall’s Climate Technology Fund, further cementing its position as an industry leader in sustainability. The fund seeks to invest in climate-focused technologies which directly impact the carbon footprint throughout the real estate lifecycle, from innovative materials to demolition, building operation and recycling.
The Real Deal
The chairman of the company that pulled off 2021’s largest proptech fundraise resigned Tuesday after authoring an anti-vax email that framed the pandemic as a Jewish plot to euthanize Americans and take over the world.
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.
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.
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…
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.
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.
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.
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.
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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