Hungry For Growth, Data Center Firms Ride The SPAC Boom

With billions flowing into special purpose acquisition companies since the beginning of this year, the SPAC boom has swept into digital infrastructure with data center firms organizing as SPACs to fuel growth and drum up broader investor interest.

Nimble Robotics scores $50M for its fulfillment automation tech

Warehouse automation company Nimble Robotics today announced that it has raised a $50 million Series A. Led by DNS Capital and GSR Ventures and featuring Accel and Reinvent Capital, the round will go toward helping the company essentially double its headcount this year.

WATCH NOW: Harnessing Tech for Affordable and Equitable Housing, Part 2

In her second episode, Carol Galante, Faculty Director at the Terner Center at UC Berkeley, examines how tech will be informing housing affordability in the future, the biggest challenges in bringing impactful new technology to market, and how the housing industry is better positioned today as a result of embracing technology.

NYC Seeks Proposals to Expand 5G and Broadband Access Citywide

New York City is seeking proposals from telecom companies to expand 5G and broadband access citywide, Mayor Bill de Blasio said. As part of the plan, the city is making a historic $157 million capital investment to help close the digital equality divide, de Blasio said Wednesday at a virus briefing. The plan is to reach 600,000 New Yorkers, including 200,000 in public housing, the mayor said.

Optibus launches new AI platform to help cities plan transit routes

Real-time transit can be a dilemma for municipalities that lack scalable infrastructure. Tasks like routing, timing, and asset management are tough to optimize without a system for moving the necessary pieces into place. And with the number of heavy-duty transit buses expected to surpass 57,700 in countries like China by 2022 and congestion in some major cities on the rise, transit planning isn’t likely to become easier anytime soon….

COWORKING IS THE NEW NORMAL, AND THESE STATS PROVE IT

Coworking is here to stay. It was here to stay before the coronavirus pandemic; but the onset of the COVID-19 pandemic has solidified coworking’s standing as a preferable workspace solution.  In the early days of coworking, many argued it was nothing more than a movement and trend that would eventually fade away.

Carbon farmers help to lower Sydney’s inner city emissions

Press release: Construction technology company GBuilder raises €2M for international expansion

Finnish ConTech company GBuilder has completed a €2M financing round led by Amavi Capital with participation from existing investors Butterfly Ventures and Vendep Capital. The funds will be used to accelerate international expansion in their target markets which include the UK and DACH.

Sustainability’s Role in the Evolution of Proptech

In episode 53 of Fly on the Wall, Brendan sits down with Michael Beckerman, the CEO of CREtech & CREtech Climate. Brendan and Michael share their experience in proptech over the course of the last several years and Michael explains why real estate owners whose technology strategy does not include climate tech will fall behind the curve.

Effectiveness Of Technology Is Now A Deciding Factor For Multifamily Tenants

Keeping commercial real estate assets competitive after the coronavirus outbreak will require a stronger commitment to technology that connects tenants and owners while integrating with existing software to ensure processing efficiencies, experts said while speaking at Bisnow’s Protecting Your Assets & Creating a Competitive Advantage webinar. …