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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  • Kebony raises EUR 30 million in funding round led by Jolt Capital and Lightrock

    PR Newswire

    Kebony, the leading environmentally friendly wood modification technology company, today announces a successful EUR 30 million funding round led by Jolt Capital and Lightrock. Kebony’s vision is to reduce CO2 emissions and tropical deforestation using its patented wood modification techniques, which produce superior wood in an environmentally friendly way. The key disruptive trends in the construction industry are expressed by the need for greener, safer and better products, as the standard c…

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  • BrainBox AI raises 24M USD in first close of its Series A funding round to fuel continued global expansion and innovation

    PR Newswire

    BrainBox AI, a leader in autonomous building technology, today announced a $24M raise to further deploy its AI technology in the built environment and develop its next phase of innovation. The first close of its Series A round includes new lead investor, ABB, and investments by Esplanade Ventures and Desjardins Capital….

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  • Prescriptive Data’s Nantum OS Participates In Microsoft For Startups Program To Build Future Of Real Estate Sustainability On Microsoft Azure

    Businesswire

    Today Prescriptive Data, a smart building and real estate sustainability artificial intelligence company, announced it has been named the newest member of Microsoft for Startups, a global program that helps B2B startups scale with cloud resources and mentoring….

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  • Ithaca, New York becomes first U.S. city to begin 100% decarbonization of buildings, an urban climate change milestone

    CNBC

    Far from Glasgow and COP26, Ithaca, New York, just made an unprecedented move to tackle climate change and the city’s carbon footprint. In a unanimous vote on Wednesday night, Ithaca’s city council approved the full decarbonization of its buildings.

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  • EU invests in hyperloop for the first time

    Placetech

    A Dutch company working on the development of hyperloop has received €15m from the European Commission – the first time the bloc has funded a hyperloop project.

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  • Zillow Went Too Big—Now It Has to Downsize

    Wall Street Journal

    Sometimes a ruler gets too ambitious and has to fall on his own sword. So it goes for online real-estate king Zillow which, in conjunction with its earnings announcement Tuesday, said it was quitting the automated home-flipping business less than three years after reorganizing its whole kingdom to accommodate it. The pullout, the company said, would reduce its workforce by about 25% over the next few quarters. Zillow said last month that it was pausing offers on homes for which it didn’t alre…

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  • 3-D-PRINTED BRIDGES PROMISE SMARTER, GREENER TRANSIT LINKS

    Wall Street Journal

    Matt Friedell and about a dozen other Marines approached the gully they had to cross, sized up the terrain and deployed their gear for an operation not found in any military playbook: 3-D printing a bridge.

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  • Why real estate has ‘compelling reason’ to embrace tech

    Placetech

    From JLL Spark in the US to PwC in Germany, major global investors have recently backed VC fund PropTech 1 Ventures. PlaceTech spoke to managing partner Nikolas Samios to find out what’s driving that interest in proptech and what problems in real estate the fund wants to fix.

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  • Watch Now on CREtech+! Keynote Conversation: John Fitzpatrick, Blackstone and Brad Greiwe, Fifth Wall

    CREtech

    John Fitzpatrick, Managing Director and Chief Technology Officer of Alternative Asset Management Technology at Blackstone, will be interviewed by Brad Greiwe, Co-Founder and Managing Partner of Fifth Wall, in a Keynote discussion. Fitzpatrick serves as the Managing Director and Chief Technology Officer of Alternative Asset Management Technology at Blackstone, and has played an integral role in advancing Blackstone’s investments in targeted, early-stage, and technology-related opportunities. Prio…

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  • Proptech startup Unlock helps troubled borrowers pull cash from their home equity

    Bizjournals

    Homeowners seeking debt relief now have another option to pull cash from their home equity with the launch of Unlock Technologies Inc.

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