News Archives | Page 732 of 1011 | CREtech

CRETech July 23, 2019

SAN FRANCISCO — Bird, a start-up that rents out electric scooters, is being valued at $2.5 billion in a new funding round led by the venture capital firm Sequoia Capital, according to three people with knowledge of the deal.

The funding puts Bird’s valuation slightly above the $2.3 billion that it was pegged at last year. At th...

CRETech July 23, 2019
New York, NY—Pinnacle Storage Properties plans to list more than $100 million of self-storage properties on a forthcoming blockchain-based commercial real estate financing platform called Earn.re. Besides listing the properties, Pinnacle Storage is also a project sponsor for the platform, which is scheduled to launch in late 2019. Based in Katy, Texas, Pinnacle Storage Properties is a private...
CRETech July 23, 2019
If you can make it here, you probably can’t make it anywhere else.

Data, the fuel on which so much of the technology and appraisal of real estate runs, is up-to-date and in abundant supply in Gotham, but still living in the dark ages in the rest of the country.

CRETech July 23, 2019

Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters. In this pilot phase, Uber is testing a few different iterations in San Francisco and Chicago, but each version includes...

CRETech July 23, 2019

SAN FRANCISCO — As the waitress approached the table, Sam Altman held up his phone. That made it easier to see the dollar amount typed into an investment contract he had spent the last 30 days negotiating with Microsoft.

CRETech July 23, 2019

Amazon this morning announced its intentions to open a pair of robotic-powered fulfillment centers in Ohio. The two warehouses — both larger than 700,000 square feet — will be located in the north of the state, in Akron and Ros...

CRETech July 23, 2019

CHICAGO, July 18, 2019—Moderne Ventures, a venture investment fund focused on technology and innovation, announced today the names of the seven companies accepted into its 2019 Midyear Passport Program, a 7-month industry immersion program designed to help companies accelerate growth and build meaningful partnerships within Moderne’s multi-trilli...

CRETech July 23, 2019
Fifth Wall Ventures, a Los Angeles-based venture capital firm, plans to invest part of the proceeds from its new US$503 million property technology fund on start-ups in Asia, reflecting the first time it has channelled capital beyond US shores. The firm announced it had closed Fund II to new investors earlier this month after exceeding its initial funding target of US$400 million, drawing parti...
CRETech July 23, 2019

NEW YORK CITY—There’s a Big Bang Theory at Reonomy. It’s that understanding space of the galaxies in the universe is similar to understanding space on the surface of the earth—at least in terms of creating models to rapidly compare, analyze and reconcile massive amounts of data. (See slideshow at the bottom of the article.)

CRETech July 22, 2019
New York is seeing major tech companies expanding their presence in the city. The New York Times and Wall Street Journal have both reported that Google, Facebook, Apple, Uber...