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CRETech March 16, 2020

From long payment cycles to antiquated processes on how to bill workers, the hefty inefficiencies of the construction industry are long overdue for innovation. Enter startups such as the large venture-backed Katerra and recently public companies such as Procore. Still, independent contractors or workers from small family businesses often can’t afford hefty fees from Sa...

CRETech March 16, 2020
Co-working startup the Wing will close all locations starting Saturday, taking precautions following the global spread of the coronavirus. The company, whose offerings focus on women, has 11 branches in the U.S. and London. Offices will remain closed through at least March 31, the startup said.
CRETech March 16, 2020
Real estate technology company Compass has hired former Amazon executive Greg Hart as its new chief product officer. During his 23 years at Amazon, Hart was on the digital executive leadership group, where he had a key role in turning Amazon from an online bookstore into a retail and technology powerhouse.
CRETech March 16, 2020
Airbnb has lost tens of millions of dollars in booking revenues over the past several weeks in key cities that have been hard hit by the coronavirus outbreak. The home-sharing startup’s booking revenues fell dramatically across 17 key international cities over a span of five weeks starting at the beginning of February, according to analysis by The Real Deal of data from the Airbnb-analy...
CRETech March 16, 2020
Neolix, a Chinese autonomous driving vehicle company, raised nearly RMB 200M in Series A+ funding. Backers included Li Xiang’s Lixiang Automotive, Addor Capital and existing shareholders Yunqi Partners and Glory Ventures. The company intends to use the funds to launch its AI autonomous driving vehicles. Founded in 2018, Neolix began as a autonomous driving vehicle company focused on autonomou...
CRETech March 14, 2020
Do automakers investing billions in the self-driving cars of tomorrow risk repeating the same mistake they made with electric cars a decade ago?Cutting-edge robotic people-movers from the likes of General Motors Co., Toyota Motor Corp. and Jaguar Land Rover all share similarly rectangular dimensions with more of an eye toward engineering practicality than sex appeal.
CRETech March 14, 2020
Ride Report, a Portland, Oregon-based micromobility management tool that allows cities around the world to manage their bike and scooter share programs, raised $10M in Series A funding. The round was led by Unusual Ventures.
CRETech March 14, 2020
Singapore/Pune/Nagpur, Mar 2 : Singapore-based proptech startup Homzhub, has announced its foray in select Indian cities to help Investors seamlessly invest as well as manage properties through Homzhub.com in India and Singapore, after the first round of funding from a group of Angel Investors.
CRETech March 14, 2020

The start of a new year can take time to really get going. More often than not, January is about regrouping, recalibrating and gearing up for the 12 months ahead. The return to work gently builds momentum as people return in dribs and drabs from extended festive breaks scratching their heads over much-needed double-shot Americanos as they stru...

CRETech March 14, 2020
Venture capitalists have poured billions into real estate technology over the last decade. But as the coronavirus hammers the economy, that funding may begin to dry up.