Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied’

Deal flow and valuations are reaching new heights in technology startups, as a flood of cheap cash fuels efforts to find the industry’s next big winners, from software to social media. In the first quarter this year, U.S. startups raised $69 billion from investors—41% more than the previous record, set in the fourth quarter of 2018, according to data firm PitchBook Data Inc. The average valuation for startups at all stages also reached a new high, and more than tripled from last year to $1.6 bil…

WeWork will accept Bitcoin for membership fees

The company announced Tuesday that customers can use the currency to pay for memberships; it will then use the cryptocurrency to pay its landlords and other vendors whenever possible, the Commercial Observer reported.

ULI Report – Global Goals: Primer on the UN Sustainable Development Goals for Real Estate

In 2015, the United Nations released the 2030 Agenda for Sustainable Development, which included 17 sustainable development goals (SDGs) to end poverty while also improving global health, reducing inequality, and protecting the planet. Adopted by all U.N. member states, the SDGs build on previous U.N. frameworks.

As covid relief money floods in, pandemic-battered cities see a chance to transform

The pandemic had blown a $63 million hole in the Alabama city’s finances, and the costs were piling up: furloughed workers, slashed salaries, cuts to programs as varied as the arts and the zoo. On the day last fall that the city council passed its red-ink-streaked budget, angry librarians protested outside. …

Super-connected innovation hub announced in New Jersey

As Offices Reopen, Cleaning A Building Moves From ‘Hygiene Theater’ To A New Reality

Just a year ago, many of our offices — the ones many companies are clamoring to reopen — were filled not with employees but cleaners clad in hazmat suits that looked straight out of a medical thriller. In the early months of the coronavirus pandemic, concerned property owners, following the best advice available at the time, spent considerable sums scrubbing their offices down in what, it appears a year later, might have been a misdirected effort….

Satellite Vu raises £3.6m (US$5m) for high-resolution thermal satellite insights to support the green industrial revolution

Satellite Vu has raised a £3.6m (US$5m) seed round led by Seraphim Capital to launch the world’s first satellite constellation capable of imaging the thermal footprint of any building on the planet every 1-2 hours.

Cherre Raises $50M in Growth Funding to Expand Fast Growing Real Estate Data Management and Analytics Platform

New York, April 22, 2021 – Cherre, the industry’s leading real estate data management and analytics platform, today announced that it has raised $50 million in growth funding led by Trustbridge Partners, a leading growth equity firm. Additional participants in this round include new investors Glilot Capital Partners and former Goldman Sachs Vice Chairman Mark Schwartz, as well as current investors Intel Capital, Navitas Capital, Carthona Capital, and an expanded growth relationship with Silicon …

CREtech Match FLASH SALE closes at MIDNIGHT! Get your CREtech Match ticket now and save!

The deadline to register for early access to the event is May 10th. Register by midnight on Monday with code MATCHFLASH to save $75 on your ticket. We look forward to seeing you there!

The Innovators: REĀL Founder Ada Arevalo

Los Angeles County is 48.6% Hispanic or Latinx, the U.S. census says, and statewide, nearly 40% of residents are Latinx, but often throughout her career in commercial real estate in Southern California, Ada Arevalo found herself to be the only Latina in the room.