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PropTech Update 2.22.23

Despite the current macroeconomic instability caused by high inflation and interest rates combined with a confusing employment market, PropTech-focused venture capitalists are not shying away from placing their bets on seed...more

PropTech Update -1.12.23

Global venture capital funding for PropTech companies dropped from $32 billion to $19.8 billion in 2022, a decline of 38%, according to a report issued in December 2022 by the Center for Real Estate Technology & Innovation...more

PropTech Update -December 2022

Investment in low-carbon construction technology surpassed $2 billion this year as the building industry seeks ways to lower its emissions imprint in a way that could include one day storing a significant amount of the...more

PropTech Update - October 2022

Builders face security, privacy risks as BIM takes off - Construction Dive – September 29 - The construction industry is increasingly embracing collaborative digital tools like BIM. While leveraging BIM brings many benefits,...more

PropTech Update - April 2022

U.S. construction tech firms brace for increased cyberattacks  Construction Dive – March 30 Cybersecurity experts caution against something far more foundational than ransomware attacks or private data thefts when it comes to...more

PropTech Update - October 2021

Report: Investors put more capital into PropTech companies - Connected Real Estate Magazine – September 30 - PropTech startup companies are currently on the rise. Venture capital-backed real estate companies have...more

PropTech Update - January 2021

Fifth Wall to launch PropTech SPAC - The Real Deal – January 6 - Fifth Wall, a prolific PropTech investor that has backed VTS, States Title and Industrious, is joining the SPAC craze. The Los Angeles-based firm is...more

PropTech Update - December 2020

Rent tech space bounces back in Q3 - Bullet GlobeSt.com – December 7 - After experiencing its worst quarter since 2018 at the start of the pandemic, the rent tech space showed signs of recovery in the third quarter....more

PropTech Update - November 2020

Tishman Speyer forms $300 million SPAC to invest in PropTech companies - Bullet The Real Deal – October 26 - Tishman Speyer has formed a $300 million blank-check company — becoming the first major real estate owner to...more

PropTech Update - September 2020

2020 is a tipping point for construction tech - Bisnow – August 28 - Not so long ago, construction was one of the least digitized industries in the U.S. But with increasing material costs, rising wages, and a labor...more

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