CREtech, the leading commercial real estate technology conference and data company, has announced the acquisition of FUTURE: PropTech, Europe’s largest events company also devoted to the real estate tech sector. The acquisition of the London-based company represents CREtech’s commitment to building the largest international PropTech community through a new global expansion strateg...
News Archives | Page 651 of 1020 | CREtech
HqO, the tenant experience (TeX) platform for commercial real estate, announced today that it has raised $34.25 million in Series B financing to power the company’s continued growth. HqO will use this capital to expand its market-leading technology, double its engineering team, and grow sales and business operations to accelerate national and international expansion. The funding round was led by...
WeWork has entered the next phase of its cost-cutting under SoftBank Group's stewardship. The coworking startup is looking to back out of as many as 100 newly signed leases, which would be at least 10% of its global footprint, The Information reports. New leases were among the biggest expenditures for WeWork in the third quarter, when it reported a loss of $1.25B after its IPO saga resulted in t...
The Collective is upping its bet on co-living in Brooklyn with its third development in the borough — one that will be geared toward students and people looking for short-term stay space. The London-based co-living firm announced Monday that it is developing 292 North 8th Street in Williamsburg, which will mark its sixth project in the U.S. and fourth in New York City. The 100,000-square-foot ...
Microfulfillment centers — located inside existing stores or structures that hold a market’s worth of goods — are increasingly being hailed as the solution for speedy shipping in space-starved city centers. Calgary, Alberta-based Attabotics‘ product condenses aisles of warehouse shelves into single vertical storage structures that roving shuttles traverse horizontally. As for Fabric (forme...
Christopher Yip is joining RET Ventures, an early stage venture fund focused on real estate technology companies for the multifamily and single-family rental industries, as partner and managing director.
In an email to employees last week, Katerra CEO Michael Marks had a few uplifting thoughts on the year gone by. His startup, which seeks to transform the $12 trillion global construction industry through technology and automation, has grown to more than 8,000 employees, is nearing profitability and will soon open a new state-of-the-art factory in California. Clients are returning, he wrote, and t...
Sidewalk Labs, an urban planning subsidiary of Google parent company Alphabet Inc., is rolling out software it says is capable of generating billions of planning scenarios to create new urban areas. Using machine learning and other tools, the software can also help planners evaluate this multiplicity of design scenarios in terms of how they impact the quality of life for residents, Sidewalk La...
Marcelo Claure flopped into a chair late this week at WeWork’s headquarters in New York, looking exhausted and exhilarated, his 6-foot-6 frame splayed across the glass meeting room. Mr. Claure, the newly installed executive chairman of the embattled company and a top lieutenant of SoftBank’s Masayoshi Son (who plowed over $10 billion into WeWork), has been prepa...
As 2019 enters its final weeks, it seems timely to start looking at what sectors are poised to close out the year with a bang. This seems to be the year that every startup decided to become a bank. And every venture capitalist decided to write a check to one or more of those startups. Much of the funding went to “neobanks,” a fancy term to describe upstart digital banks working on everythin...