Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Colliers
The Global Financial Crisis has been credited with accelerating FinTech and transforming the previously stagnant financial sector. Now COVID-19 is set to do the same with PropTech in commercial real estate, and the effects will be even more far reaching. One of the advantages of coming after FinTech is that lessons have been learnt about not being seduced by buzzwords and superfluous solutions. Before the pandemic brought about social distance…
PlaceTech.
Joining Paul Unger, editor of PlaceTech, is Mark Furness, founder and CEO of essensys, which supplies mission-critical software to some of the biggest operators and space providers in the flexible office market.
Housingwire
Sundae, a residential real estate marketplace that pairs sellers of distressed property with potential buyers, has raised $16.55 million in Series A funding. QED Investors led the round, which also included participation from PayPal co-founder Peter Thiel’s Founders Fund, Susa Ventures, as well as a group of unnamed real estate and fintech investors and entrepreneurs. The financing brings San Francisco-based Sundae’s total raised to just over $19.7 million since its August 2018 inception, accord…
Venture Beat
Elementary Robotics, a robotics company developing tools to automate industrial tasks, today announced it has raised a $12.7 million round. The fresh capital will be used to deploy the Los Angeles-based startup’s automation products at scale, a spokesperson told VentureBeat.
Bloomberg
Microsoft Corp. and its LinkedIn unit will provide free job training to help unemployed workers prepare for in-demand jobs as the global pandemic pushes U.S. joblessness to levels as bad as those during the Great Depression.
Venture Beat
Refraction AI, a company developing semi-autonomous delivery robots, today began handling select customers’ orders from Ann Arbor, Michigan’s Produce Station. This marks the startup’s first foray into grocery delivery after the launch of its restaurant delivery service. The move comes as Refraction reports a 3-4 times uptick in pandemic-related demand.
Ted
Cities are engines of culture, commerce, knowledge and community, but they’re also centers of inequality and poverty. As the world rebuilds from the coronavirus pandemic, can we transform cities into bastions of equity and sustainability?
The Real Deal
Developers pivot from broker happy hours to drive-thrus, virtual sales launch events and more. 50 industrial brokers attended caravan tour of … …
Bloomberg
Google is pushing back a plan to reopen its U.S. offices after coronavirus cases surged in several western and southern states. All U.S. offices will remain closed until Sept. 7 at the earliest, according to a memo Google sent to employees. In May, Chief Executive Officer Sundar Pichai said the company would cautiously move some workers back in starting July 6….
Bisnow
New York Gov. Andrew Cuomo provided an indication of how malls across the state may be able to reopen, saying this week there will be mandates on how air is filtered in the buildings. “Any malls that will open in New York, large malls, we will make it mandatory that they have air filtration systems that can filter out the COVID virus,” Cuomo said at a press briefing this week, per CNBC.
Subscribe to CREtech to get our monthly newsletter curated by our editors and special event discounts and announcements.
or sign in if you're already a member
REGISTRATION IS OPEN FOR EUROPE 2030: SHAPING THE FUTURE OF THE BUILT WORLD IN LONDON ON JULY 1, 2025