Tag: real estate
Target Global has a €1M “super seed” fund incoming to switch on laid off tech talent in Spain during COVID-19
Target Global is backing a €1 million support fund for tech talent in Spain laid off or furloughed as a result of the coronavirus crisis. The aim is to provide pre-seed financing to help crisis-hit tech workers switch gears and build out a startup concept over the next four to…
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Locatee raises $4M Series A for its workplace analytics platform
Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based…
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Security lapse exposed Clearview AI source code
Since it exploded onto the scene in January after a newspaper exposé, Clearview AI quickly became one of the most elusive, secretive and reviled companies in the tech startup scene. The controversial facial recognition startup allows its law enforcement users to take a picture of a person, upload it and…
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India’s NoBroker raises an additional $30M from General Atlantic
NoBroker, a Bangalore-based startup that helps those looking to rent or buy an apartment connect directly with property owners, has extended its previous financing round to add $30 million to it. General Atlantic has invested $30 million in NoBroker’s Series D round, which the startup unveiled in October last year.…
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SoftBank-backed Opendoor has announced a massive layoff, cutting 35% of its employees
Opendoor, the seven-year-old, San Francisco-based company that has from the outset aimed to help people buy and sell homes with the “push of a button” or nearly, just laid off more than a third of its staff. According to a statement sent to us by cofounder and CEO Eric Wu,…
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Commercial real estate could be in big trouble — even after this is all over
Commercial real estate owners, brokers, and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. It isn’t news that extracting rent —…
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