Recognizing Early-Stage Value, Part 2
CREtech
Chirag Chotalia, Parter at Threshold, highlights the importance of sticking to your core values as a founder, and an investor, while also adopting a beginners mind.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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Seattle real estate startup Aloft raises $20M to quicken appraisal process
Bizjournals
Seattle-based real estate appraisal startup Aloft has raised a $20 million Series A round. Fifth Wall led the round, which was announced Thursday, while Silicon Valley heavyweight Andreessen Horowitz participated. Other investors included Zillow co-founder Spencer Rascoff and Built CEO Chase Gilbert. According to Aloft, the company has already raised a total of $25 million after being founded this year….
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Compass shares drop below $10, another all-time low
The Real Deal
Compass shares fell to a new low, dropping below $10 for the first time on Monday. The stock opened at $10.39 before dropping to $9.58 by 2 p.m. It’s the lowest the brokerage has traded and is 52 percent below the company’s debut price on April 1 on the New York Stock Exchange after its initial public offering.
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‘You Just Go, My God’. The Shocking Size Of London’s Green Office Overhaul
Bisnow
If you own an office property in London or are thinking about buying one, it is almost certain that you’ve got something on your mind: How do I make sure this building will meet coming government sustainability regulations?
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Zuma takes in fresh capital to convert your next apartment tenant lead into a contract
TechCrunch
Looking for a new apartment is either a leisurely thing to do or something that has to take place quite quickly. When you don’t reach anyone in the leasing office, you often move on to the next one on the list, even if it was one you would have considered. Zuma wants to ensure that any reach out for information is answered in minutes versus days. Today, the company, which adds artificial intelligence to sales engagement, exited its beta phase with $6.7 million in seed funding led by Andreessen …
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Starbucks Just Threw Out a Strategy It Spent 40 Years Perfecting and It’s Totally Brilliant
Inc
For 40 years, Starbucks has built a business on the premise that it could be the “third place” for its customers. While Starbucks didn’t invent the concept, Howard Shultz, the former CEO, was heavily influenced by the idea and set out to create an experience for customers that was about more than just a cup of coffee….
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Cohesion Announces $15 Million Series A Financing to Advance the Commercial Real Estate Transformation to Data-Driven, Smart Buildings Amid a New Era of Hybrid Work
Businesswire
Cohesion, a leader in smart building and digital twin SaaS technology, raised $15 million in its Series A financing round co-led by Morgan Stanley Next Level Fund and Hyde Park Angels (HPA), which closed Friday.
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REACH UK 2022 applications open for PropTech innovators
REACH
REACH leverages 100 worldwide bilateral partnerships in 85 countries and an unparalleled network of executives within real estate and adjacent industries. Second Century Ventures’ REACH program manages a portfolio of over 82 technology companies.
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Barcelona-based proptech startup Zazume bags €2.5 million to digitise rental management
EU Startups
Proptech firm, Zazume, launched just this year, has secured €2.5 million investment in a seed round led by London-based Nordstar. Picus Capital, Plug&Play and a group of business angels also participated.
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Changing up the recipe to make low-carbon cement
Canary Media
The chemical reaction at the heart of today’s cement-manufacturing process is a major reason why the production of this essential building material accounts for an estimated 7 percent of global carbon dioxide emissions from energy and industrial sources.
