Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
SYRACUSE, N.Y.—Destiny USA is New York’s largest shopping mall, a six-story structure by Onondaga Lake. Its feature attraction is WonderWorks, a 40,000-square-foot theme park where children can experience a simulated earthquake, learn about space travel wearing an astronaut suit or play laser tag.
CNBC
LONDON — Amazon announced Monday it plans to buy half of the energy produced by a huge new wind farm in the Netherlands. Shell and Eneco secured the right to build the 759 megawatt wind farm in the North Sea last July, and Amazon said it would now purchase more than 380 MW of its output to power its operations in Europe.
The Real Deal
The latest is from Scott Seligman, a real estate investor and minority owner of the San Francisco Giants, who is teaming up with cousins Brian and Ben Friedman to raise $175 million for a proptech deal. Brian is a managing partner at investment firm Foxhall Partners while Ben is a former senior trader at Citigroup.
TechCrunch
Getaway CEO Jon Staff said that while the startup’s offerings weren’t designed with a pandemic in mind, they turned out to be well-suited for a time when people were eager to find safe ways to get off Zoom and out of their homes.
Dror Poleg
Last week, I spoke at Pi Capital about changes in the labor market could mean for cities, offices, and income inequality. My 9-minute presentation was followed by a longer chat with Ahmed Hussain about investment, real estate, careers, and more.
Bloomberg
New Orleans experienced its busiest hurricane season since 2005: Five hurricanes made landfall in Louisiana, and frequent rain storms flooded the streets of New Orleans. Meanwhile, Boston experienced one of its hottest, driest summers on record, while the fall brought flooding in some of our most densely populated neighborhoods.
PR Newswire
MIAMI, Jan. 27, 2021 /PRNewswire/ — Milo, the digital banking and lending startup serving global consumers, announced a $6 million Seed financing round led by fintech specialist QED Investors with participation from MetaProp and 10X Capital. The capital will support continued technological innovation and team growth….
VEERUM
Latest round of funding enables digital visualization software provider VEERUM to offer its transformative technology on a global scale CALGARY, Alberta – February 3, 2021 – VEERUM, a rapidly growing software-as-a-service (SaaS) provider in the industrial asset visualization space, is pleased to announce a $7.4 million Series A funding round led by BDC’s Industrial Innovation Venture Fund and Builders VC with continued participation from existing investors Brick & Mortar Ventures, Evok In…
Nomad Go
Learn how ATS – a leading building automation company – partnered with Nomad Go to create a safe and more energy efficient environment in its headquarters office. ATS and its customers use Nomad Go’s industry-leading computer vision solution for real-time demand control ventilation strategies to make spaces healthier and more energy efficient. Nomad Go’s solution also provides critical data for space utilization and planning to improve the occupant experience. …
Bloomberg
Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter.
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