Tech Collective Southeast Asia’s Post

⚡️This week, Center for Real Estate Technology & Innovation venture board members Vince C. and Ashkán Z. shared their insights into the Dallas proptech market with Philip Russo at the Commercial Observer. “Since then, $2.3 billion has been invested in equity rounds in proptech companies, with $450 million invested in Dallas-Fort Worth-based proptech companies, and $860 million invested in Austin-based proptech companies,” said Zandieh. Included in those investments is $43 million invested in CrowdStreet, an Austin-based commercial real estate investing platform; $20 million in TestFit, a Dallas-based site planning software company; and $15 million in Austin-based Setpoint, a warehouse securitization management platform, he added. In addition, since 2020, 47 percent of Dallas-Fort Worth-based proptech companies have raised a pre-seed round, while 24 percent went to seed stage rounds, said Zandieh. “I do see more and more groups in Dallas regularly involved in conversations in proptech fundraising rounds, and more as advisers in different capacities,” said Cicciarelli. “That’s become a lot more prevalent in the last couple of years. Link: https://lnkd.in/gsF8ayn4 Tags: #proptech #fintech #climatetech #cretech #constructiontech #logisticstech #realestate #dallas #dallasproptech #dallasrealestate #dallascre

Are you running a PropTech startup? We have a simple tip that could significantly boost your ability to attract renters. In a market where every detail counts, this insight might just be the key to setting your service apart from the competition ↓ #PropTech #StartupTips #RentalMarket

Zurich proptech Optiml raises a $3.5 million pre-seed extension to push for decarbonization in real estate #Optiml, a Zurich-based proptech startup specializing in sustainable real estate investment and renovation strategies, has secured €3.5 million in a pre-seed extension. Led by BitStone Capital, the round also saw participation from KOMPAS VC, focusing on the construction and manufacturing industries. Existing investors, including Innovation Endeavors, the VC firm of former Google CEO Eric Schmidt, and Planet A Ventures, reaffirmed their commitment to Optiml by joining this round. Founded as a spin-off from ETH Zürich | School for Continuing Education, Optiml is co-led by CEO Dr. Evan Petkov. The company has developed a cutting-edge software platform that helps asset managers, investors, and consultants manage the complexities of decarbonizing individual buildings and entire portfolios. With a focus on achieving net-zero goals while aligning with corporate objectives, Optiml’s software delivers cost-effective and timely solutions tailored to each property. The fresh capital injection will accelerate Optiml’s growth, allowing the company to expand its team and enhance its software features to meet rising demand across the DACH region, Great Britain, and beyond. Optiml's innovative approach has already garnered significant industry recognition, including winning the ZIA Proptech of the Year Award and the Startup Awards of the W.A. de Vigier Foundation. The company has completed over 30 successful pilot projects with major industry players like AXA, Credit Suisse, and Grosvenor. The article on EU-Startups in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

🏙🚀 At PropTechBuzz, we're thrilled to unveil Top Ten PropTech Companies in New York 💡 Did you know Bloomberg quoted a Savills PLC study in which New York ranked as the most tech-intensive city in the world? 📈 New York PropTech companies are offering integrated platforms for managing commercial real estate (CRE), tech innovations in co-living, single-family rental property management, FinTech solutions for the mortgage and real estate industry, leasing management solutions, self-storage management, and exclusive loyalty programs for renters. Check out our exclusive list below: 1. VTS 2. Common 3. Avenue One 4. Haven 5. Triplemint (acquired by The Agency RE in 2022) 6. Outpost Club 7. Orchard 8. Findigs, Inc. 9. Stuf Storage  10. Bilt Rewards 💼✨ Explore the groundbreaking solutions and visionary leadership driving these startups forward in our article here: https://lnkd.in/gR9SRQsM #PropTechBuzz #newyork #USA #Startups #RealEstate #Innovation #Top10 #RealEstate #Startups #TechStartups #PropTechStartups #Founders #Leaders __ Want to promote your proptech products for free? Go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Mail us at marketing@proptechbuzz.com for news, tips, and promotions!

The commercial real estate industry is undergoing a profound transformation, driven by startups leveraging cutting-edge technology to address long-standing inefficiencies. At the 1RealEstateWorld | Global Real Estate Conference, the session "Disruptors in Action: Startups Revolutionizing Commercial Real Estate," hosted by Bryce Nyberg, Vice President of Corporate Development at Berkadia, will spotlight key innovators who are reshaping the industry. Nyberg, who has overseen strategic acquisitions like BlueSuit and leads Berkadia's startup accelerator BeEngaged, is uniquely positioned to explore the intersection of real estate and technology. His leadership in fostering innovative solutions has made Berkadia a frontrunner in integrating tech into real estate. Joining the discussion, Robert Cooper, CEO of Embue, will share how his company’s platform leverages smart building technology to deliver real-time insights and optimize operations, making property management more efficient and cost-effective. Connie Lee, CEO of Reffie, will highlight her platform’s ability to streamline tenant leasing through automation, reducing vacancy times and simplifying communication. Ross Piermarini, Co-Founder of symmetRE, will discuss how AI is transforming asset management by automating data collection and reporting, enabling faster and more informed decision-making. This session will provide valuable insights for industry leaders on how these startups are unlocking new opportunities and redefining the future of commercial real estate. Attendees will gain a deeper understanding of how automation, smart technologies, and AI are poised to become integral tools in driving efficiency and growth in the sector. https://buff.ly/4dJ7LnC

"New York-based Proptech Latii has raised a $5M seed round, led by Leadout Capital, with participation from Era Ventures, Act One, Nine Four Ventures, and RADV. Latii offers US customers access to carpentry products from Latin America, Southern Europe, and North Africa, cutting costs by up to 60%. The funds will be used to develop AI tools to streamline the supply chain for luxury windows and doors and optimize the quotation process. Latii has clients in Texas and plans to expand to the Pacific Northwest, Mountain West, and New York metro areas." - LatamList (Get the scoop on the hottest news and trends in Proptech – Subscribe to my daily newsletter!) 👇 https://lnkd.in/eyyse6kc #Proptech #fintech #mobilehomepark #manufacturedhousing #news #technology #property #propertytechnology #manufacturedhousingcommunity #realestate #investment #mobilehomeinvesting #investor #realestateinvestor #housingmarketupdates #housing #agents #TheRealEstateSolutionist #Latii

Aeria, Tenant Experience Platform, Secures $1.8M Pre-Seed Funding Led by Kalaari Capital and Foundamental Priyanka Gera Piyush Kateja Sampath P #funding #investment #startupnews #startupfunding #startupstory #nexus #venturecapital #funding #investment #startupfunding #startupstory ********************* 🚀 Exciting News for Entrepreneurs, Investors, and Business Leaders! 🌟 The 2nd edition of Startup Story B2B Connect & Entrepreneur Awards is here, bigger and better than ever! 🌐 Connect, collaborate, and elevate your business with more startups, investors, and unparalleled opportunities. Don't miss this chance to reshape your entrepreneurial journey. 🚀

There is NOTHING revolutionary about WeWork Founder Adam Neumann’s newest venture Flow. Less than 2 years ago Neumann received $350M from Andreessen Horowitz to fund a startup that purports to “transform the residential experience” for apartment renters. In an interview on CNBC, Neumann states that Flow is a “vertically integrated” innovative real estate company based on its technology, operations and bringing people together. He further hinted at providing tenants the ability to obtain ownership in their building. As an apartment developer with +17 yrs. of experience, there are MANY MANY red flags 🚩 any potential investor must know before investing in Flow: First, being a “vertically integrated” in real estate means you source, develop, construct, and manage the asset. The development/construction part are critically important because you are going to install building systems (MEP, roof, technology, etc.) that must survive the wear & tear from the elements/tenants and keep your repair costs lower. Having a lot of technology in buildings presents problems starting with the initial cost, maintaining it, protecting it from hackers, and constantly competiting with new tech (see Moore’s Law & myth of Sisyphus). Second, property management technology already exists which enables tenants to pay rent, submit maintenance requests, and communicate with management staff (see Yardi, AppFolio, etc.). Further, this same software provides financial info to owners/CPAs. Developing and maintaining your own operations technology seems counterintuitive when viable cheaper options already exist. Don’t reinvent the wheel. Keep your expenses low. Third, neighborhood residents can already communicate with each other through an app called Nextdoor. Tenants like the anonymity and privacy of their homes. They don’t want other building occupants to know their names/gossip like an office setting. Residents can always use the 20th Century technology of knocking on doors and introducing yourself if you really want to meet people in your building. 💡 Fourth, providing tenants with ownership in a building they are renting presents so many tax and legal issues that I would need to write another LinkedIn post. Let’s just say that it’s a pipe dream to believe this will work without the owners facing numerous lawsuits. Tenants want to keep the rent low. Landlords want bigger profits. What could go wrong in this scenario? The good news for lawyers is that all your clients will be in one building and know each other thanks to Flow’s technology. #realestate #apartments #technology #multifamily Ben Horowitz

Delighted to welcome Chris Moreno, "Mr Proptech"  as a global VIP on PropTechBuzz. Chris Moreno has been nicknamed "Mr PropTech" for his love of technology and real estate. With 20+ years in Real Estate, Enterprise, Procurement, and Tech, Chris is a seasoned Entrepreneur, Investor, and Advisor. Chris also has helped launch 4 startups and 2 VC Funds, had a successful exit in 2018, navigated startup challenges and fundraises, and his teams have analyzed 10,000+ startups. Chris is also the CEO and Co-founder of Infinite Niches, a consulting group working with Multifamily Owners & Managers, VCs and PropTech Founders on Executive Coaching, Business Operations, Strategy, Go-To-Market, & Growth. Passionate about problem-solving in Real Estate, Chris is an advocate of mentorship in the industry. As an Advisor and Mentor to VC Funds and Industry teams, including NAHREP - National Association of Hispanic Real Estate Professionals®, Atlanta Tech Village, Techstars, and more, Chris believes in paying it forward. His most cherished role? Raising his 3 kids with his wife Carlisle in Atlanta. Chris brings a wealth of experience from roles at Macy's, Laundry Locker, DropLocker, Luxer One, Xeal and On Deck. Chris is also a podcast host and speaker focused on "The Built World", which includes PropTech, Logistics, Automation, Enterprise, Operations, & Sustainability in Multifamily, Commercial & SFH Real Estate. PropTechBuzz's VIP community is invite only for the prominent leaders in the proptech industry. The golden frame and the VIP blue tick badge appears on their profiles and and brings the following privileges: 1. Visibility: Stand out as a premium user in the PTB community and build your personal brand. 2. LeaderBoard: Be prominently placed amongst other leaders in your proptech category 3. Credibility: The verified badge adds a layer of trust and transparency to your profile. 4. Priority Placement: Get featured prominently in PTB search results. 5. Profile Analytics: Gain insights into your profile views. 6. Custom Handle: Personalize your profile URL with a premium handle. 7. Category Page Listing: Have your profile highlighted in the relevant category page on PTB. 8. Private DM access to other VIPs. And many more exciting privileges in the coming weeks. If you are a proptech founder/CEO or any prominent name in proptech and want to join the VIP club, fill your nominations in the Google form given in the comment.

The Asia PropTech Forum 2024: Shaping the Future of Real Estate The 8th edition of the highly anticipated Global Startup Summit is back, this time with a focus on the rapidly evolving world of PropTech. The Asia PropTech Forum, co-organised with the Global Startup Summit, promises to be a landmark event in the real estate sector. Bringing together a powerhouse of investors, founders, and collaborators, this summit will delve deep into the current and future dynamics of real estate innovations. Asia PropTech Forum will serve as a prime platform for forging meaningful collaborations, offering participants the opportunity to engage in panel discussions, networking sessions. The forum will kick off with a welcome address by Shri #HariBabu, President of NATIONAL REAL ESTATE DEVELOPMENT COUNCIL (NAREDCO), setting the tone for the discussions ahead. The summit will feature a series of in-depth discussions led by prominent figures in the industry. The knowledge session will be moderated by Sangeet Hemant Kumar, Founder of SHK Global Ventures and WealthiGO by SHK. Known for his dynamic approach and three decades of cross dimensional entrepreneurial experience and expertise in the real estate & construction domain Sangeet is well-equipped to navigate the intricate challenges and drive innovative solutions in the Proptech space. The panel comprised of esteemed speakers that include Vijaya Sai Meka, President of NAREDCO Telangana, Prakash Tejwani, a BITS alumnus and CEO at Aurum Analytica, Rahul Joshi, Vice President at Gruhas , and Rajeev Chhabra, Founder and CEO at PropFTX will share their insights on the topic, Tech Trends : Exploring the Changing Dynamics of the Investment Landscape in Real Estate Innovations. The topic explores how emerging trends, technologies, and consumer preferences are transforming real estate investments. It highlights how innovations improve efficiency and sustainability, helping investors identify new opportunities and challenges. This summit’s impact is enhanced through a variety of collaborative partnerships. NATIONAL REAL ESTATE DEVELOPMENT COUNCIL (NAREDCO) and Global Startups Club as ecosystem partner, The Headquarters , Space Orbit , Mojo Capital as Investment Banking Partner, along with SHK Global Ventures as proptech venture acceleration studio partner & WealthiGO by SHK as community partner, 100X Brands : PR & Media House, QI Media as Media Partners , F for Finance and The Indian CEO as Brand Partners, and Intelinovex as Allied partner. Read more : https://lnkd.in/dAgcRj6g