CREtech Briefs January 19, 2022 - Berlin’s PropTech1 Ventures closes inaugural fund at €50 million, Vertical Farms, Crypto Real Estate + More

CREtech Briefs January 19, 2022 - Berlin’s PropTech1 Ventures closes inaugural fund at €50 million, Vertical Farms, Crypto Real Estate + More

Today's Headlines

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NEWS | Tech EU

Berlin’s PropTech1 Ventures announces final close of inaugural fund at €50 million

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Berlin-based PropTech1 Ventures has announced the final closing of its oversubscribed first fund at €50 million. As the name implies, PropTech1 Ventures is focused on investing in the European property and construction-focused startups that are working in the digitalisation, method modernisation, and sustainability/ESG sectors withinin

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NEWS | TechCrunch

Upward plans to open a 250,000-square-foot vertical farm in PA early next year

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Brooklyn-based Upward Farms this week unveiled plans to launch a massive 250,000-square-foot vertical farm. Set for an early-2023 opening, the site will be located in Northeastern Pennsylvania’s Luzerne County. It’s a massive footprint for a vertical farm — particularly for a category that prides itself

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NEWS | Geek Estate Blog

Looking Forward to 2022: Climate Takes Center Court

Last year’s central prediction theme was de-carbonization. Fresh off watching “Don’t Look Up,” there’s no other option than to focus on climate change for the second year running. It’s an imperative: We must act now. Not a year from now. Not ten years from now.

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NEWS | CREtech

Cryptocurrencies Backed by Real Estate, Part 2

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Gary Brandeis of Vertalo Real Estate explores the ways in which real estate transactions will change, and create more liquidity for investors in the future.

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NEWS | VentureBeat

Industrial robotics company Exotec raises $335M to ‘improve supply chain resilience’

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Exotec, a French robotics company used by some of the world’s biggest retailers and enterprises, has raised $335 million in a series D round of funding at a $2 billion valuation.

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NEWS | Crunchbase News

Last Year Was A Blockbuster For VC-Backed Startups. Here Are Our Top 9 Predictions For What 2022 Has In Store

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The startup and venture world has a lot to live up to in 2022, after a year that pretty much broke every record. With the big caveat that we of course can’t foresee the future—who would have predicted at the start of 2020 that a

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NEWS | Bisnow

Houston Minority-Owned Coworking Spaces Hit New Highs As Industry Recovers From Covid-19 Lows

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Holly Tate, senior vice president at software company Leadr, toured SheSpace, a women-focused Houston coworking office, in a hard hat when it was only a shell,?jumping at the chance to become the first member to sign a lease.

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NEWS | VentureBeat

The metaverse will be buzzing in 2022

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Following increased interest in big tech companies like Microsoft, Meta(formerly Facebook), and Nvidia, expect the metaverse to grab more headlines in 2022. Leaders across diverse industries — including blockchain, gaming, arts, retail, fashion, healthcare, and more — are digging deep to understand the immersive world

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NEWS | The Real Deal

Construction payments startup Flashtract closes $15M Series A

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Flashtract, a cloud-based construction software startup, raised $15 million to automate billing and payments for contractors and subcontractors used to writing paper checks.

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NEWS | Multifamily Executive

What’s Ahead for Real Estate Technology in 2022

For at least five years, the growth of technology has been one of the most significant storylines within the real estate industry, and this trend shows no sign of abating. On the heels of a 2020 that saw financial markets pause for several months, proptech

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