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SoftBank Group Corp.’s WeWork debacle is unlikely to be repeated. It also means that for the Vision Fund to deliver venture capital-size returns, it’ll need to rely on singles and doubles instead of hitting home runs. That’s not because Masayoshi Son has learned his lesson. His defiance at an investor conference Wednesday, including almost an hour spent justifying the WeWork investment, t...
Techspace, a London, UK-based flexible workspace provider for scaling technology businesses, raised £5m in funding. The Noé Group’s venture capital arm, Goldacre, made the investment.The company intends to use the funds to expand its European presence over the next 12-18 months. Led by Rob Stevenson, Director, Techspace is a platform for scale-ups which works with technology teams to provide ...
Google's Sustainability Officer Kate Brandt on Tuesday announced a new startup program to help and encourage startups working on sustainability products. Startups hoping to create commercial businesses in the sustainability world face special problems, Brandt told the crowd in Lisbon attending the Web Summit tech conference, where the announcement was made. These startups struggle with everything...
MaaS Global, a Finnish startup that wants to bring a multi-modal subscription transport service to cities globally, has raised €29.5 million ($33 million) in a round of funding from BP Ventures, Mitsubishi Corporation, and Nordic Ninja — a Japanese VC fund that specifically invests in Nordic companies. Founded out of Helsinki in 2015, MaaS Global is better known for its mobile app Whim, which...
Airbnb plans to conduct a comprehensive review of every property listed on its platform as part of a series of initiatives to give customers “peace of mind,” Brian Chesky, the company’s chief executive, announced at the DealBook Conference in Manhattan on Wednesday. By the end of next year, Mr. Chesky said, Airbnb will check the accuracy of photographs, addres...
It’s been a rough stretch for some real estate crowdfunding platforms, but one just scored new financing and three new execs. Portland, Ore.–based CrowdStreet landed $12 million in Series C financing, the firm said Wednesday, bringing its fundraising haul to $25 million since its 2013 launch. CrowdStreet said the investors in the new round include individuals, such as former ESPN chief marke...
Travis Kalanick, the co-founder and former CEO of Uber, has not been in the news lately. It turns out Kalanick has been busy working on his new secretive food startup, CloudKitchens. According to a report from Bloomberg, citing Wall Street Journal, Kalanick has just secured $400 million of funding from Saudi Arabia’s Public Investment Fund. The fundin...
CBRE and SemaConnect, a North American commercial electric vehicle charging provider, have completed the installation of 1,100 electric vehicle charging stations, the largest in the nation. The installations were completed for Electrify America LLC. The stations are for a mix of public and private use, in either public lots or private garages.
Winners will be unveiled at the Women In PropTech Awards Gala on November 14 as part of NYC Real Estate Tech Week
NEW YORK (Nov. 05, 2019) - Women in PropTech, the leading global industry group for women in real estate technology, has announced the finalists for the
Doug Curry has just lost a major backer of his new company after Xceligent, the company he founded and ran until 2017, reached a legal settlement with CoStar in a copyright infringement suit. Moody's Corp., the financial services giant that launched a commercial real estate data network this year, has divested from its 23.8% stake in Curry's new company, Empirical CRE. "Moody's has divested it...