Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
CURBED
Seattle was the first major American city to set strict rules governing dockless bikeshare more than two years ago. But as shared mobility companies like Lime have started focusing efforts on scooters—and the vehicles have become commonplace in other cities, including nearby Tacoma—Seattle has stayed out of the scooter game….
VENTUREBEAT
Homee, a Tampa, Florida-based startup developing an on-demand home services platform for homeowners and property managers, today announced that it’s raised $15 million in series B funding led by Forte Ventures, with participation from Liberty Mutual Strategic Ventures, Active Capital Partners, Florida Funders, Deepwork Capital, and Engage. The capital infusion, which also saw contributions from strategic investors The Hartford, State Farm Ventures, and Ferguson Ventures, brings Homee’s total rai…
YAHOO FINANCE
AUSTIN, TX and SAN FRANCISCO, CA and OVERLAND PARK, KS / ACCESSWIRE / August 27, 2019 / Presidio Investors today announced a $75 million private equity investment that merges 15 independent smart-home design-build firms across the United States, creating Bravas LLC, www.bravas.com, an integrator of electronic lifestyle technologies into custom-built “intelligent spaces” where you live, work, and play….
TECHCRUNCH
Building exteriors tend to get gross. Dirt clings to the walls. Windows get filmy. Spiderwebs amass. If you live in a particularly humid area, mold and mildew can start to make exterior walls look like a science experiment. On taller buildings, scrubbing it all off generally means bringing a bucket truck, scaffolding or suspension gear and having a crew hang from the side of the building. It’s a lot of prep work, with a lot of potential for falls and injuries. Lucid, a new company out of North …
TECHCRUNCH
WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious. The three-year-old, New York-based startup turns restaurants that sit emptyduring the day into co-working spaces, and is one of several niche co-working startups — like Convene, Knotel, Industrious, The Yard, The Wing and Alley, for example….
GLOBEST
ORLANDO, FL—Artificial intelligence is changing our lives, homes, and workplaces little by little in myriad ways. So says Jennifer Conway Viriato, senior real estate analyst of the commercial real estate division at Kamehameha Schools. Viriato will serve as a speaker during a breakout session at the upcoming CREW Network Convention and Marketplace here in Orlando, FL. According to Viriato, we are using AI when we use voice commands with our phones and other devices, with chatbots on websites …
BISNOW
It is safe to say that Convene’s expansion into London was not a knee-jerk reaction to the boom in the flexible workspace sector in the UK capital. The New York-based company announced its first UK location earlier this month: It is taking 102K SF at AXA Investment Managers — Real Assets’ 1.4M SF 22 Bishopgate skyscraper in the City.
VENTUREBEAT
It’s anticipated that the autonomous delivery robots market will be worth $34 billion by 2024, up from $11.9 billion in 2018. Some analysts predict that by then, in cities around the world, thousands of drones and rovers will regularly ferry food, drink, toiletries, and parcels on command to customers miles away. It’s a future on which the investors behind robotics startup Starship Technologies are confidently banking. To that end, Starship this morning revealed that it’s secured $40 million …
BISNOW
With WeWork’s upcoming IPO drawing skepticism and criticism, one of its largest competitors is hoping to set itself apart by following suit. IWG, the international company formed in 2014 with the acquisition of coworking operator Regus, is considering an initial public offering of its American business on the New York Stock Exchange, Sky News reports. IWG is already listed on the London Stock Exchange with a market capitalization of £3.64B, equivalent to $4.45B based on Aug. 26 exchange rates…
BISNOW
Thousands of office tenants across North America will soon have access to up-to-the-minute transit information on screens in their buildings. Captivate, a digital media company with display screens in the lobbies and elevators of 1,600 office buildings, announced Tuesday it is partnering with TransitScreen to add public transit information to its platform. TransitScreen, a D.C.-based company founded in 2013, displays information on trains, buses, bikeshare, careshare and ridehailing servic…
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