Latest Trends and Insights in Real Estate Technology

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  • HomeLane Raises $30M in Series D Funding

    FINSMES

    HomeLane, a Bangalore, India-based furniture company, raised $30m in Series D funding. The round, which brought total funding raised to date to $46m, was led by Evolvence India Fund (EIF), Pidilite Group and FJ Labs with participation from existing investors Accel Partners, Sequoia Capital and JSW Ventures. The company intends to use the funds to expand operations and its business reach to other cities as well as to extend its development efforts.

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  • Google’s Parent Company Designing Automated Warehouse Technology

    BISNOW

    A sister company of Google has new ideas about how to automate distribution centers. X Development, the experiment and idea-focused subsidiary of Google parent Alphabet Inc., filed two patent applications at the U.S. Patent and Trademark Office in the past week, Supply Chain Dive reports. Both applications describe robots designed to analyze the position of items in a warehouse and, if need be, rearrange them to maximize storage space. One application, filed on Jan. 2, is for a group of robots c…

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  • The year of WeWork could reshape the IPO market in 2020

    PITCHBOOK

    For VCs, 2019 was a year filled with more high-profile public offerings than ever before. But as 2020 begins, it’s the unicorn IPO that didn’t happen—the one that instead turned into a truly spectacular failure—that’s still on the tip of everyone’s tongue. The collapse of WeWork shook up Silicon Valley, and it will likely mean elevated levels of scrutiny for any unicorn that’s planning to go public in 2020, a list that could include names like Airbnb, DoorDash and GitLab. Taken as a whole, th…

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  • Why Tech Firms Will Focus on Profitability Over Growth in 2020

    GLOBEST

    WeWork’s crash last year was a sign of what is to come for technology companies. Venture capital funds—whether due to WeWork, the handful or failed tech IPOs in 2019 or simply changing market trends—will now want evidence of profitability, not just growth and market share. This is a turnaround for tech companies, which have focused on rapid growth and expansion first. “Venture capital will no longer fund these continuous losses any more. They will stop funding these companies until they see a…

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  • Platform Allows Investors to Compare QOZ Investments

    GLOBEST

    Realized, a tech platform that provides investment property wealth management, recently introduced its Qualified Opportunity Zone marketplace. The marketplace is a new platform that allows investors to compare Qualified Opportunity Zone/QOZ investments and provide greater access to a broader selection of QOZ investment funds. The launch represents the firm’s latest move to integrate modern portfolio theory into the real estate investing industry, helping investors to maximize after-tax risk-adju…

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  • You’re Home Alone With Alexa. Are Your Secrets Safe?

    BLOOMBERG

    Privacy at home is something most people take for granted. But the home has become the latest frontier in data harvesting for big tech companies. Smart speakers, app-activated thermostats and internet-connected everything else are scooping up information that could prove valuable to product designers, advertisers, governments and law enforcement. A range of interest groups, from civil liberties organizations to consumer advocates and children’s privacy watchdogs, worry about an erosion of privac…

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  • How smart is the cybersecurity protecting smart cities?

    SMARTCITIESWORLD

    The world is becoming ever more connected with each passing day, and while smart devices within smart homes are now an accepted and ingrained part of society, the idea of smart cities remains a somewhat maverick concept full of potential perils which require extensive contingency plans – but they are inevitable. In fact, spending on smart cities currently stands around £81 billion. However, in the not so distant future we will live in cities and societies that are totally connected to the intern…

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  • Silicon Valley’s Newest Rival: The Banks of the Hudson

    NYTIMES

    When Facebook was searching for another New York office, one big enough to fit as many as 6,000 workers, more than double the number it currently employs in the city, it had one major demand: It needed the space urgently. So after the company settled on Hudson Yards, the vast mini-city taking shape on Manhattan’s Far West Side, existing tenants were told to move and a small army of construction workers quickly began to revamp the building even before a lease had been signed….

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  • CREtech’s newly acquired company, FUTURE PropTech, is holding the largest PropTech event in London on May 13-14.

    CRETECH

    Join over 2,500 institutional investors, real estate private equity, fund managers, property developers, construction firms, facilities & property managers, surveyors, brokers and VC’s to focus on how technology and innovation is transforming the real estate market. Doubling in size every year since our launch, FUTURE PropTech has been part of the movement that has helped innovation & technology to become integral to the real estate sector. It’s your chance to be part of the communit…

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  • SoftBank-Backed Indian Hotel Startup Oyo Might Be Following In WeWork’s Footsteps

    BISNOW

    Another startup backed by SoftBank Group Vision Fund could be headed for disaster. India-based discount hotel brand Oyo has expanded at a breathtaking pace since its founding six years ago by then-19-year-old Ritesh Agarwal. Some of that expansion may have been achieved through a “toxic” office environment of intense pressure and corporate tendencies to stiff its partners and ignore local laws in its home country, The New York Times reports. Withholding payments to the independent operators with…

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