News Archives | Page 649 of 1007 | CREtech
RocketSpace Inc., a San Francisco-based WeWork rival, is pulling out of its U.K. shared office business and will shut down the subsidiary by April in another blow to London’s co-working scene. Chief Executive Officer Duncan Logan told U.K. employees last month that they’d be out of a job after Dec. 20, according to a person familiar with the plans, who asked not to be identified because the i...
Hype for modular construction has hit a level of ubiquity. It seems like every month another prefabricated hotel tops out at a record height for the delivery model, or a city official lauds the practice as the panacea for affordable housing — and the labor pinch — or a new offsite-based startup follows Katerra in stacking up investment funds. But for every modular-related headline, there...
A Boston-based technology company has completed what it says is the largest 3D-printed building in the world in 21 days. 3D printing equipment manufacturer Apis Cor recently built a two-story administrative office building for a Dubai government agency using one mobile printer. Standing at 31 feet tall with an area of 6,889 square feet, the building's walls were printed while the insulation, roo...
Elevators of the future will have “virtual windows,” voice-activated controls, music-streaming, and more — that’s if Kone has its way, at least. The Finnish engineering giant, best known for autowalks, automatic doors, escalators, and — yes — elevators, unveiled its grand vision at an event in London yesterday. For its endeavor, Kone has taken a cue from the automobile industry, which...
Figure Technologies, a nearly two-year-old, San Francisco-based fintech cofounded by Mike Cagney, the founder of the more established fintechcompany SoFi, is raising a whole lot of money — again.
By February of this year, Figure had already raised $120 million in equity funding from a gaggle of investors, including RPM Ventures, partners at DST Global, Ribbit Capit...
Oyo, a hospitality unicorn startup, has secured $6.9 million (approx INR 50 crore) in debt funding from MyPreferred Transformation, a joint venture between Oyo, Avendus Finance, and Japan-based SoftBank, reported Inc42. The Gurugram-based unicorn startup will be utilizing the infused financials to lift up the quality of the living spaces by commencing more affordable housing for the Indian custom...
New York tops the 12th annual list of the world’s most innovative cities, compiled by 2thinknow. The Big Apple leapfrogged last year’s leaders, Tokyo, London and San Francisco. 2thinknow said New York had embraced a “more human and sustainable lifestyle, start-up economy and new smart technologies” and was the winner despite Tokyo’s tech edge in burgeoning fields like robotics. New Yor...
Iotic, a London, UK-based Digital Twin Technology company, raised €7.5m in funding. Backers included IQ Capital, Talis Capital and Breed Reply. The company intends to use the funds to drive rapid deployment, deepen channel partnerships and expand market adoption of its patented Iotic Operating Environment, Twin technology and Event Analytics platform.
A week after being evicted from a Sixth Avenue office building, a c-oworking firm has told its members to return. Corporate Suites says it has settled a nonpayment dispute with its landlord at 1001 Sixth Avenue. The firm’s tenants received an unwelcome visit last Friday from the New York City Marshal, who instructed dozens of people to clear two floors in the building. One business owner previ...
The equivalent of over 100 human lifetimes is spent globally each day on data entry from invoices alone, according to Czech AI startup Rossum. And that is why the company is using deep learning technology to help businesses ditch manual data entry altogether, freeing up humans to focus on more complex or creative tasks.