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Taronga Ventures, an investment management firm, announced today that it has expanded its RealTechX innovation programme to Singapore. The initiative will be supported by the government agency Enterprise Singapore. This news follows Enterprise Singapore’s partnership with Australia’s...
Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years. If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town, but even in...
The pandemic made remote work and on-demand delivery normal far faster than anyone expected. Today, as the world beings to emerge from the pandemic, location doesn’t matter like it did a year ago. As shocking as it sounds, we could be entering a much better era for small, local...
Revolutionary changes are underway. New, technology-enabled business models are earning rapid growth by solving what I call “the whole problem” for their users and customers. Their success will affect every industry. Let’s look at the real estate industry as a case study of how this...
D. Hara Perkins Contributor Share on Twitter D. Hara Perkins is a partner at Goulston & Storrs, PC in New York City, where she focuses her practice on affordable housing and economic development. Alexander...
Troubled rental platform Danke has repaid 86% or around RMB 1.3 billion ($201 million) of tenant loans underwritten by Tencent-backed WeBank, the bank’s chairman Gu Min said on Dec. 29.Why it matters: The rental loan rescue plan is a positive sign for the survival of Danke, whose debt-fueled...
RentPath, owner of property listing sites including Rent.com and Apartment Guide, said today it has cancelled its agreement to be acquired by CoStar Group after the Federal Trade Commission sued to block the sale. CoStar, a commercial real estate data and analytics provider that also operates...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues affecting the macroeconomy and the stock prices of...
We’ve seen a big wave of proptech startups emerge to reimagine how houses and bought and sold, with some tapping into the opportunity with distressed property, and others exploring the “iBuyer” model where houses are bought, fixed up and resold by a single startup to homeowners who don’t...
Opendoor has opened the door, so to speak, for startups to apply their technical expertise in search, marketplaces and audience segmentation to rethink the very antiquated and analogue world of property. Today, a startup that is doing this in the specific area of distressed property is announcing a...
As "second landlord" platform Danke Apartment teeters, tens of thousands of its tenants are facing...
Colton Pace Contributor Colton Pace is an investor at Fika Ventures. He previously held roles investing at Vulcan Capital and Madrona Venture Labs. More posts by this contributor A COVID-19 resilience test for B2B companies Like many things in...
Autodesk, the U.S. publicly listed software and services company that targets engineering and design industries, acquired Norway’s Spacemaker this week. The startup has developed AI-supported software for urban development, something Autodesk CEO Andrew Anagnost broadly calls generative...
Airbnb filed to go public yesterday, offering the world a look into its financial performance over the past several years. The company’s S-1 detailed an expanding travel giant with billions in annual revenue that was severely disrupted by the COVID-19 pandemic. But past our overview of...
Thailand’s Dot Property, which runs a slew of real estate portals across Southeast Asia, has fully acquired property listing startup Hipflat for an undisclosed amount. As per a statement, the acquisition allows Dot Property, which runs Thailand-Property.com and dotproperty.co.th in the domestic...
Propseller, a Singapore-based real estate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 million in seed funding. The round included investment from Iterative; Hustle Fund; XA Network; Rapzo Capital; Lazada co-founder...
Propseller Founder & CEO Adrien Jorge Singapore-based proptech startup Propseller today announced a S$1.7 million (US$1.2 million) seed funding round from a list of investors that include Iterative, Hustle Fund, XA Network, Rapzo Capital, Stein Jakob (Lazada co-founder and former CMO/CFO), Ben Neve...
If real estate tokenization were to become popular, several innovations become conceivable, including structured finance, hybrid real estate tokens and digital fund exchanges.Read the full...
Despite the COVID-19 pandemic, many U.S. workers will eventually return to their offices. But when they do, their big-city workplace will not only have a smaller footprint and operational strategy, it might be in a different town altogether, according to a recent TechCrunch survey of top real...
PropertyGuru makes a comeback with fresh funding after failed IPO By Sharon Lewis Singapore-based real estate listing service provider PropertyGuru Group has raised SG$300 million (around US$220 million) in funding, the company announced in a statement yesterday. The funding was raised...
Southeast Asia’s leading property listing company PropertyGuru is making great strides across the region as it secures a fresh investment of SG$300 million ($220 million), it announced this week. The proceeds, financed by existing investors KKR and TPG, both buyout titans, will fuel...
Jan Večerka Contributor Share on Twitter Jan Večerka is the CEO and founder of BrikkApp, a Europe-based company that connects investors with property investment platforms from all across the world helping them to make the right choice. Two...
Artificial intelligence and machine learning have been praised as game-changing developments of over the last 5 years, however, many feel disappointed when comparing expectations to real-life application. AI might have missed the mark in the short term, but it has been ‘progressing in the...
Startup incubator and investment group Y Combinator today held the first of two demo days for founders in its Summer 2020 batch. So far, this cohort contains the usual mix of bold, impressive, and, at times, slightly wacky ideas young companies so often show off. This was Y Combinator’s second...
As we race toward Disrupt 2020, we’re keeping the Extra Crunch Live train rolling with a big entry next week as Twilio CEO and co-founder Jeff Lawson joins us for a chat. Lawson is well-known in the tech industry for helping institutionalize API -delivered digital services, a business model...
Jeanne Casey Contributor Share on Twitter Jeanne Casey is a principal on the investment team at MetaProp, where she leads new investments into compelling proptech companies and works closely with portfolio companies on strategic growth...
Mashroom, the London proptech that offers an “end-to-end” lettings and property management service, has raised £4 million in new funding. Backing comes from existing unnamed private investors and matched funding from the U.K. taxpayer-funded Future Fund. It brings total funding to date for the...
WealthPark’s latest funding comes from a motley mix of institutional investors, angel investors, and family offices By Sharon Lewis Tokyo-based asset management proptech platform WealthPark has secured JPY 907 million (US$8.5 million) in a Series B round of financing from a consortium of...
Ben Wong from Eureka Nova, and Lukas Petrikas from HKEX share insights at the Lifestyle Tech Conference By Sharon Lewis If pre-Socratic Greek philosopher Heraclitus expounded on his popular philosophy of Panta Rhei today, the world of business would have found it to...
You've all heard of Fintech - a portmanteau of 'finance' and 'technology' - companies disrupting and changing the way we think of finance, from contactless payments to instant home loans. But what about its cousin Proptech? Read the full...
