CRETECH
February 06, 2018
The Mumbai-based startup had closed a $3 million Series A funding from the Daily Mail Group in June 2015.
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The Mumbai-based startup had closed a $3 million Series A funding from the Daily Mail Group in June 2015.
Blockchain technology company Harbor raised $10 million in venture funding, in a deal that could have major implications for the real estate industry. Fifth Wall Ventures, a venture capital firm that specializes in real estate startups, participated in the Series A round along with Vy Capital and Valor Equity Partners. Founded last year by Zenefits veterans Arisa Amano and Bob Remeika, San Francis...
Real estate research and data startup Reonomy raised $16 million in its latest funding round, about three years after last raising venture capital. The company, founded in 2013, has now picked up just under $40 million from investors, making it one of the deeper-pocketed startups to tackle the burgeoning market for commercial real estate intelligence. Bain Capital Ventures, which headed up Reonomy...
Facebook has been snapping up properties in a prime corridor of Redmond, Washington, apparently for its virtual reality headset unit. The Puget Sound region is quickly becoming a hub for virtual reality development, with Microsoft's HoloLens, Valve and Google all working on the technology there.
Office services company Convene signed a 28,000-square-foot lease at RXR Realty’s 75 Rockefeller Plaza. The startup will use the space to run conference rooms, common areas and a catering facility for the building’s occupants, Commercial Observer reported. Convene already operates spaces at two other RXR buildings: 32 Old Slip and 237 Park Avenue. 75 Rock, set to open in May, will be Convene...
Jerome Powell was sworn in as the new Federal Reserve chairman, reports MarketWatch. Department store chain Bon-Ton Stores has filed for Chapter 11 protection, according to CNBC. These are among today’s just reads from around the commercial real estate industry. Jerome Powell Sworn In as Fed Chairman “Jerome Powell officially took the helm of the Federal Reserve Board on Monday, replacing Jane...
It is 2018, the year that cryptocurrency will begin to takeover the world’s payment systems. In my last article, I explained what cryptocurrency is, how to buy it, and some of the hundreds of retailers that use it. In the second half of 2017, Bitcoin, Ethereum, Bitcoin Cash and Litecoin made incredible increases in price, and those who held it saw a huge payday. Of course, the moguls who have ma...
Ok, right up front here it is… A Newsletter. Wait, an Electronic Newsletter, there that's better, I want to clarify. I do need to clarify because you might be surprised how many people still today might not understand, crazy if you think about it. It has been just over three years since I started mine and I have posted one every Thursday no matter what. It's called not breaking the cha...
Sidewalk Labs announced the launch of a new spinoff company, Coord, that will be a connective tissue for street-related data, government, private companies, emerging mobility services, and the people who live in cities. Coord is an API layer for transportation and a coordination platform for mobility services, navigation tools, and urban infrastructure. The company can help a ride-hail service m...
Robots on construction sites and 3-D printed buildings are among the technological advancements shaking up the construction industry. According to a report in The Real Deal, companies in the five boroughs and around the world are also using virtual reality, blockchain and smart building sensors to change the way companies buy, sell, build and operate buildings. Recently in Manhattan, contractor AE...