CREtech Briefs March 2, 2022 - SPAC Fifth Wall Acquisition II withdraws $150M IPO, Cashierless tech comes to Whole Foods + More

CREtech Briefs March 2, 2022 - SPAC Fifth Wall Acquisition II withdraws $150M IPO, Cashierless tech comes to Whole Foods + More

Today's Headlines

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NEWS | Renaissance Capital

Real estate technology-focused SPAC Fifth Wall Acquisition II withdraws $150 million IPO

Fifth Wall Acquisition II, the second blank check company formed by Fifth Wall targeting real estate technology, withdrew its plans for an initial public offering on Friday. It had filed in March 2021 to raise $150 million by offering 15 million shares at a price

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NEWS | NavigatorCRE

NavigatorCRE Expands Leadership Team to Keep Pace with Demand

The proptech company that revolutionized the way CRE companies approach and use data, welcomed three new SVPs to scale growth [Seattle, WA, March 1, 2022]. NavigatorCRE, an industry leading data management and data visualization SaaS company, welcomed Bobby Goodman as senior vice president, head of

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NEWS | Visitt

Visitt Signs Agreement with LXP Industrial Trust for Property Operations Digital Transformation

Visitt , the next-gen property operations system for commercial, office, multifamily and industrial real estate, signed a portfolio-wide agreement with LXP Industrial Trust (“LXP”)(NYSE: LXP), a real estate investment trust focused on single-tenant industrial real estate investments, for implementation of Visitt’s property operations system. As

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NEWS | CREtech

CREtech Climate Cast: Pathway to Decarbonization & Net Zero featuring Raphael Rosen

Raphael Rosen, CEO of Carbon Lighthouse, shares insights behind his technology solution, how it is unique in the marketplace and how we address the climate crisis with a greater sense of urgency that it needs.

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NEWS | Pymnts

Real Estate Rental FinTech Pi?ata Nets $13M

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Pi?ata, which describes itself as a rental club whose incentive system makes the renting process easier for tenants and landlords alike, raised $13 million in a Series A funding round, the company stated in a?news release.

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NEWS | Silicon Canals

Luxembourg-based LEKO Labs raises €18.57M to accelerate the world’s transition to sustainable housing; appoints new CEO

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Luxembourg-based?LEKO Labs, a carbon-negative construction company committed to reinventing the construction process for next-generation buildings, announced on Tuesday that it has raised $21M (approx €18.57M) in its Series A round of funding. The company has now raised total funding of $23M to date.

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NEWS | Axios

Cashierless tech comes to Whole Foods

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The first Whole Foods equipped with cashierless technology from Amazon opened this week in Washington, D.C., allowing customers to avoid the register,?Hope King writes.

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NEWS | TechCrunch

Gloria Lin thinks construction needs to ‘catch the wave of fintech’

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As an engineering?program manager at Apple, Gloria Lin?was part of a group that conceptualized and built initial prototypes for what is now Apple Pay.

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NEWS | Wall Street Journal

CIO Role in Flux as Businesses Embrace Tech

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Chief information officers say their role is evolving, as cloud computing and other innovations make it easier for business leaders to deploy technology beyond the control of the IT department.

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NEWS | Bisnow

Adam Neumann Could Return To WeWork’s Board, Which Is Without A Chairman

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Adam Neumann,?WeWork's co-founder, who?was forced out of his role as CEO in 2019, will imminently have the right to return as an observer on the?company board — which is currently lacking a chairman. Neumann was a board observer following the company's attempted IPO blowup, but

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