Digital Capital Markets Platform Revere Closes $5M Seed Round

Proptech startup Revere, an online marketplace for capital markets professionals, announced Monday that it has closed a $5 million seed round, led by RET Ventures. The Manhattan-based networking and transaction platform seeks to bring greater access, transparency and efficiency to the $1.6 trillion global real estate investment market.

Startup Investors Cut Valuations Amid Tech Stock Rout, Dismal IPOs

The recent stock rout is rattling the multitrillion-dollar market for startups after a long run of record investments, nosebleed valuations and rapid-fire deal-making. Venture capitalists say a significant reset in investment behavior is beginning to take hold that is poised to reduce initial public offerings, leave some companies short of funding and crimp valuations.

Whose Your Landlord raises $2.1M for its rental review and data service

Whose Your Landlord,1 or WYL, announced a $2.1 million seed round today led by Black Operator Ventures, better known as BlackOps Ventures. TechCrunch readers will already be aware of BlackOps’ fund, which we covered at launch last December. The goal behind the $13 million capital pool was to invest in Black founders. The WYL round indicates that the fund is living up to its plan….

This Data Centers ’Arms Race’ Could Decide Who Commands The Metaverse

Why Companies Aren’t Cutting Back on Office Space

In our monthly surveys of 5,000 American workers and 500 U.S. employers, and in our numerous conversations with managers, a huge shift to hybrid work is abundantly clear for office and knowledge workers. An emerging norm is three days a week in the office and two at home, cutting days on site by 30% or more.

Fintech Company Aqueous Asset Launches Valuations Platform AVA

As financial technology continues to be more closely associated with proptech, Los Angeles-based fintech company Aqueous Asset on Monday announced the launch of AVA, its AI-powered tech SaaS platform for multifamily valuations.

Hybrid work now dominates the knowledge economy

For the first time since the start of the pandemic, most knowledge workers are in hybrid work arrangements, partly remote and partly in-office, a new survey finds. By the numbers: 58% said they now work this way, in a survey of around 10,000 knowledge workers from the U.S., Europe, Australia and Japan, conducted last November by Future Forum, a research group backed by Slack….

CREtech Climate Cast: Decarbonizing CRE with Data featuring Bryan Bennett

Bryan Bennett, CEO and Founder of Cortex Building Intelligence, takes a deep dive into how their real-time actionable insights improve sustainability and increase ROI for the commercial real estate industry. Bryan also shares lessons learned from building and scaling Coretex and practices that work in terms of adoption. …

Even early enterprise metaverse solutions are at least 3-5 years away

It’s going to take many years and lots of technology breakthroughs to actually make the metaverse happen. The challenge is, the metaverse is really not one thing any more than computing is one thing. It’s more of a concept than an architecture. A whole series of components are needed to make it work, and those components will differ across use cases. For example, the kind of enterprise metaverse environment needed in a manufacturing or health care setting is very different from the kind needed t…

Why We Invested in SwiftConnect

Walk into any building, and the first piece of technology you typically encounter is access control. When the experience is seamless — say, the tap of a mobile phone on a turnstile allowing you to enter without skipping a step—access control barely registers. But when it isn’t — say, your visitor pass didn’t work and now you’re waiting in line at security to be let in — access control can sour tenant experience and burden building operations. As hybrid and flexible work have made the execution o…