Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Bisnow
Last year, modular construction startup Assembly OSM completed its first one-bedroom apartment development using a digital manufacturing method it calls “post-modular” construction. This week, the 3-year-old company announced a $38M funding round that will grow its business, making modular construction parts that it compares to Ikea furniture components. …
Bizjournals
Philadelphia startup Fort Robotics closed a $25 million funding round to accelerate the rollout of its platform aimed at making autonomous machines safer and more secure.
Commercial Observer
Northspyre, a leading cloud-based intelligence and project-delivery automation platform, has announced a two-way integration with MRI Software, a global leader in real estate technology, to improve accounting and reporting for complex commercial real estate developments.
CREtech
New York, NY (July 13th, 2022) — CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, announced today that speakers from Camber Creek, essensys, JLL Spark and OMERS Ventures will join the speaker lineup for CREtech’s flagship conference and largest real estate technology conference, CREtech New York, this October 12-13. Over 1,500 real estate tech professionals from around the world are expected to attend CREtech New York t…
PlaceTech.
Commercial real estate is a complicated field, overrun with more tools, platforms, and systems than you can count, writes Bronny Wilson of Equiem. So how do we cut through the noise with a comprehensive solution?
Crunchbase
Global funding slowed dramatically in the second quarter of 2022 as investors shied away from later-stage funding bets. It also marked the first quarter with a significant drop in funding since the beginning of 2020.
Wall Street Journal
Soon after a gunman shot and killed a Goldman Sachs Inc. employee on a New York City subway train in late May, David Solomon’s email inbox started filling up. Staffers shared their grief and alarm with the Goldman chief executive. They also had questions about the viability of returning to the bank’s Manhattan office, according to people familiar with the matter….
Wall Street Journal
Companies are taking steps to further reduce their U.S. office footprint as they look to cut costs amid what many expect will be an economic downturn….
TechCrunch
Adaptive, an 11-month-old startup that has set out to give construction teams better tools to manage their back offices, has raised $6.5 million in a seed round led by Andreessen Horowitz (a16z). This adds to the $750,000 the company raised in pre-seed funding last August.
Crunchbase
Warren Buffet often says to “buy when there’s blood in the streets and sell when there’s euphoria” and that moniker is as true today as it has ever been.
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