Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
As cities across the U.S. look to build more multifamily to address housing shortages, one growing startup aims to make the development process much faster. Juno, a San Francisco-based proptech company founded in 2019, announced Thursday it raised a Series A round of $20M to help scale its product that aims to make housing development more efficient….
TechCrunch
Squad Mobility’s vision of the perfect urban vehicle is a low-cost EV equipped with solar panels, swappable batteries and enough zip and range in its diminutive 6.5-foot package to meet the needs of city drivers. The early-stage Dutch startup, which recently revealed the final design of its quadricycle, is now assembling working prototypes in Breda, the Netherlands. Squad has said the vehicle will have a base price of €5,750 ($6,790), excluding taxes. That price goes up if buyers want to add fe…
Bisnow
Cryptocurrency mining is exploding in the United States, but how this growing industry fits into the traditional data center landscape is still an open question.
The Real Deal
As recently as July, visions of reoccupied desks and packed commuter lines danced in the heads of employers and office landlords, who clung to hopes that a widespread return to the workplace after Labor Day might still be in the cards.
Axios
Billionaire activist and finance vet Tom Steyer just launched a new investment platform to stake clean tech while funneling a cut of the profits to advocacy groups, Ben writes. Driving the news: Galvanize Climate Solutions, which brings together several longtime investment pros, plans to finance companies that can “produce and scale” emissions-cutting tech.
CREtech
Breton Birkhofer of DivcoWest discusses the importance of adopting a learning mindset when approaching difficult decisions in CRE investments, and shares what he’s most excited about for the future of PropTech.
Bisnow
LEED-certified U.S. office buildings have achieved higher rents overall since 2015 than their noncertified counterparts, according to a new study by Cushman & Wakefield. The greener properties averaged $4.13, or 11.1%, higher rents….
Fast Company
Colin Angle, the CEO and founder of iRobot, believes that tech giants have botched the smart home. Systems like Amazon Alexa, Google Assistant, Apple HomeKit, and Samsung SmartThings all boast thousands of device integrations, but getting those disparate parts to work well in concert can be a tremendous pain. Instead of trying to connect with everything, Angle believes the way forward is to start over and think smaller. …
The Real Deal
Orchard’s IPO is off the table — for now. The proptech startup, the subject of speculation this summer that it would soon go public, said it raised $100 million from new and existing investors, valuing the company at more than $1 billion. An IPO isn’t likely soon, the CEO said.
PR Newswire
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise communications platform and cloud-native carrier, today announced it is powering some of the most innovative digital disruptors in the red-hot U.S. housing market. As the nationwide surge in the real estate market continues, buyers and sellers are increasingly adopting new digital tools to more quickly and conveniently get to the closing table. Bandwidth is the messaging and communications platform of choice for several innovative pro…
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