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New Yorkers have long shared apartments in order to afford the city’s famously high rents. This, of course, often entails hunting down an apartment with a real estate agent — and paying a broker’s fee, plus a hefty deposit — then furnishing the place, lining up roommates and getting electricity and internet service up and running.

Last November, Axios reported that New Enterprise Associates partner Dayna Grayson was leaving the storied venture firm after roughly six years to launch her own shop in Washington, D.C., called Construct Capital. Today, we know Grayson has company, no pun intended. Rachel Holt, one of Uber’s first employees and until now its head of new mobility, announced this mornin...

Proptech startup Flow, which last year raised R20-million in a seed round, is set to close a second seed round at the end of this month, the Johannesburg based company’s CEO Gil Sperling revealed today. Sperling (pictured above, middle, with co-founders Daniel Levy, right and Jonathan Liebmann, left) confirmed in a call with Ventureburn today that Vunani Capital is participating in the...

This week witnessed several relatively large deals in real estate tech venture capital. Most of this week’s capital went to companies that focus on lease process management, home improvement, parking management and smart key solutions. Porch, Seattle-based provider of a home improvement marketplace, raised $21 million as part of a Series C round. Porch matches customers with home services profes...

Recent studies have concluded that more than 25% of traffic congestion incidences around the world can be attributed to the scarcity of parking spaces, according to TrafficTechnologyToday.com. The cloud-based parking industry is growing more rapidly with the assistance of capital partners.

Changes that result from technological breakthroughs are not always positive. A couple of months ago, reading the article “Digital dystopia: how algorithms punish the poor,” which outlines technology’s ability to negatively impact the most vulnerable, made me reflect on the impact of technological innovations on the real estate industry.

The telecommunications industry is in the beginning stages of rolling out its fifth-generation (5G) standard for mobile service. It promises download speeds 100 times faster compared to the current 4G system, which will allow for increased connectivity between mobile devices. Because of that, it will be a game changer for our increasingly data-driven society. As a result, the rollout of 5G, which...

The future of smart city mobility dominated the conversation at this year’s CES show. With panelists, exhibitors and attendees abuzz about the latest advancements in flying taxis, autonomous shuttles and even grocery-carrying robots, we've recapped three main mobility takeaways from the event.

KeyMe, a US smart key company, closed a $35m financing round. The round was led by Brentwood Associates. The company intends to use the funds to scale its presence across the U.S. Launched in 2012 by Greg Marsh, Founder & CEO, KeyMe operates smart kiosks, which provide a variety of locksmith services, including key duplication for advanced electronic keys such as vehicle keys with transpond...