With Apple’s recent announcement that it is committing $2.5 billion to affordable housing, matching the combined pledges of Facebook, Google and Microsoft, the ongoing issue of insufficient and inadequate housing is cast center stage. California’s Bay Area is in perhaps a more deeply etched predicament than many other regions in the U.S., with a "low-income" designation applied to a family of...
Accel Robotics, one of a growing number of AI startups that’s setting out to enable automated cashierless stores, has raised $30 million in a series A round of funding led by SoftBank, with participation from New Ground Ventures, Toyo Kanetsu Corporate Venture Investment Partnership, and RevTech Ventures. Founded out of San Diego in 2015, Accel Robotics is developing the AI and computer vision ...
VTS, the commercial real estate industry's leading leasing and asset management platform, today announced that leading Toronto landlords – Oxford Properties Group and First Capital Realty – recently selected VTS as their leasing and asset management solution. With the new additions, the total amount of Class A office space in the Core Downtown Toronto market to be managed on the platform repre...
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, is now accepting applications for its 2020 REACH and REACH Commercial accelerators. REACH offers education, mentorship and exposure for technology companies aiming to launch into the real estate industry, accelerate their businesses and expand into adjacent markets such as insurance, mortgage and fina...
Infra.Market, a business-to-business marketplace for real estate and construction materials, has raised $20 million (approximately Rs 143.26 crore at current exchange rates) in its Series A funding round led by US-based investment firm Tiger Global. Other investors that participated in the round include Nexus Venture Partners. Existing investor Accel also contributed to the round, Infra.Market sa...
In the first episode of Beyond the Fifth Wall, Co-Founders Brendan Wallace and Brad Greiwe talk about why they started Fifth Wall and their vision for the firm’s future.
Marina Del Rey, CA-based CREXi concluded the online auction of 11 properties on behalf of Clark County, NV. Bidders in the $63 million total sale included private investors, developers and multiple publicly-traded builders and REITs, with heavy competition continuing throughout the auction. “We are thrilled with the outcome of this auction on behalf of our client,” said CREXi’s Mike DeGiorg...
Harlem Capital, a NYC-based diversity-focused venture capital firm, closed Harlem Capital Partners Venture Fund I, LP, at $40.3m. Fund I has 55 limited partners including TPG, State of Michigan Retirement Systems, Vanderbilt University, the Harry and Jeanette Weinberg Foundation, W.K. Kellogg Foundation, Consumer Technology Association, and Dorm Room Fund. 15 of Ha...
As part of the flurry of announcements coming this week out of AWS re:Invent, Amazon announced the release of Amazon SageMaker Operators for Kubernetes, a way for data scientists and developers to simplify training, tuning and deploying containerized machine learning models. Packaging machine learning models in containers can help put them to work inside organizations fa...