News Archives | Page 651 of 1007 | CREtech
It looks like any of the dozens of
co-working spaces that have popped up around L.A. in recent years — a cluster of long tables with easy access to electrical outlets, a whiteboard next to a comfy couch, a fridge stocked with boxed water. But there's something that makes ParagonSpace a little different. When the Hollywood spot opens its doors to members Sept. 1, it will become the city's firs...
Sidewalk Labs and Plaza Ventures plan to launch a venture capital fund focused on smart-city technology, The Logic has learned. Expected to be between $20 million and $30 million, it would focus on high-risk investments in early-stage companies with the goal of establishing Toronto as a “global centre” for smart-city tech — but is contingent on Waterfront Toronto moving ahead with Sid...
Los Angeles has a reputation as a car-dependent city. But the city (and the surrounding county) also now has the country’s most ambitious plan for cutting emissions from transportation. In less than a decade, it wants the majority of new cars to be electric and all city buses to be electric—and it wants 20% of trips that currently happen in single-occupancy cars to shift to public tra...
When Bill Smith moved to San Francisco in 2016 to work on his grocery-delivery startup, the most annoying part was finding an apartment. Poring through rental listings in an unfamiliar city, calling the gas company, waiting for an internet connection -- the entrepreneur had little patience for any of it. So, after Smith sold his company, Shipt, to Target Inc. in 2017 for $550 million, he decided ...
Disruptors in real estate, particularly in the PropTech sector, are topics that Matt has tackled on several Leading Voices in Real Estate episodes, including with guests like Clara Brenner, the co-heads of Lyric, Jamie Hodari, and Chip Conley. He expands on this conversation with Brad Greiwe, Co-Founder and Managing Partner of Fifth Wall, the largest venture capital fund focused on the global real...
CasaOne, the San Francisco-headquartered furniture rental company, announced it has completed a $16 million Series B round of financing. Accel led the investment round with participation from return investors JLL Spark, Freestyle Capital, NextWorld Capital, and Array Ventures. New investors include Quiet Capital, HNI and WeWork and a few prominent angel investors including Lydia Jett from Softbank...
One of Katerra’s co-founders and board members has quietly left the construction tech startup amid reports of layoffs and abandoned projects. Fritz Wolff, who also heads his family’s eponymous private equity firm, the Wolff Company, is no longer a board member but “maintains an advisory role as a co-founder of Katerra,” a company spokesperson confirmed on Monday. Wolff disappeared from Ka...
Amazon's invasion of the grocery store industry could begin in earnest next year. The e-commerce world-conqueror has been testing a 10K SF version of its cashierless Amazon Go convenience store in Seattle's Capitol Hill neighborhood, and could roll out the concept in a nationwide expansion as soon as the first quarter of 2020, Bloomberg reports. The new format could reportedly apply to stores as ...
In early 2018, the founders of Chinese artificial intelligence startup SenseTime Group Ltd. flew to Tokyo to see billionaire investor Masayoshi Son. As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of SoftBank Group to invest $200 million in his three-year-old startup. A third of the way into the presentation, Son interrupted to s...
Concierge and housekeeping services that mirror the hospitality industry are increasingly catching on in the multifamily world. One hotel-inspired services firm, Spruce, allows residents to access an array of services including daily chores, housekeeping, pet care (dog walking, pet sitting, etc.), along with laundry and dry cleaning through its app. Spruce’s daily chores service includes more t...