News Archives | Page 656 of 1015 | CREtech
Acuity Brands, Inc. (AYI) announced today it has acquired LocusLabs, Inc., a leading indoor mapping and location platform. The LocusLabs software platform supports navigation applications (apps) used on mobile devices, web browsers and digital displays in airports, event centers, multi-floor office buildings and campuses. Visitors employing LocusLabs’ software can easily search, explore and navi...
Ocado Group Plc got one of its biggest contracts yet to set up robotic warehouses for online grocery sales with Japanese retailer Aeon Co., expanding the U.K. company’s reach into Asia. Ocado’s shares surged as much as 15% early Friday in London, the most in a year and a half on an intraday basis. The British company said it will develop a network of automated warehouses to facilitate home d...
Blackfinch has invested in London-based company Movebubble, founded in 2014. Movebubble offers an app that lists properties available to rent, and helps manage the rental process, from booking viewings to moving into a property. Movebubble has over 30,000 properties available to view in London and Manchester with real-time availability of all those listed. The app uses data from its users to s...
Trust. This was a common answer at the recent Smart Cities Week in Washington, DC to the question, “what is your biggest challenge in implementing smart city projects?” It was the answer given by multiple municipal representatives at different times and in different sessions. Not project planning. Not capital expenses. Not vendor selection or approval processes.
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...