The idea of becoming a real estate investor for as little as $5 may seem too good to be true. And for many users of Landa, a proptech company that promised just that — it has been. Landa emerged from stealth in August 2022, announcing a total of $33 million in funding and a pledge…
Category: Real estate
AI, Apps, Biotech & Health, Climate, Crypto, Disrupt 2025, Enterprise, Fintech, Fundraising, Global IT News, Global Security News, Government & Policy, Media & Entertainment, Real estate, robotics, Space, Startups, TC, TechCrunch Disrupt, TechCrunch Disrupt 2025, Venture
4 days left: Up to $900 off your ticket and 90% off for your +1 at TechCrunch Disrupt 2025
Here’s the deal: Only 4 days left to save up to $900 on your TechCrunch Disrupt 2025 ticket — and an additional 90% off for your +1. From October 27–29, San Francisco’s Moscone West transforms into the epicenter of tech innovation as 10,000 tech, startup, and VC leaders gather for the 20th anniversary of TechCrunch…
Africa, Egypt, Global Security News, Nawy, PropTech, Real estate
Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy co-founded Nawy to bring transparency and efficiency to the market. Now positioning itself as Africa’s largest proptech platform,…
Africa, Egypt, Global Security News, Nawy, PropTech, Real estate
Egypt’s Nawy, the largest proptech in Africa, lands a $52M Series A to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, Mohamed Abou Ghanima, and Aly Rafea founded Nawy to bring transparency and efficiency to…
austin, Elon Musk, Global Security News, Real estate
Musk clashes with neighbors in exclusive Austin suburb
Elon Musk may have a sizable fan base, but residents of the upscale Austin suburb of West Lake Hills, Texas, are unimpressed by their celebrity neighbor, reports the New York Times. Instead, a $6 million home Musk purchased in 2022 has become the center of a battle after his team erected an unauthorized 16-foot chain-link…
AI, drones, Fintech, Global Security News, Hardware, imagery, mapping, Near Space Labs, Real estate, satellite imagery, Space, Transportation, Venture
Near Space Labs nabs $20M to take its high-res imaging Swift robots into the stratosphere
When it comes to creating images of the earth from above, satellites, drones and planes are the air and spacecraft that tend to come to mind. But a startup called Near Space Labs is taking a very different approach to high-resolution photos from up high. It’s building aircraft that are raised by helium balloons and…
Global Security News, Real estate, Startups
Report: Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B
Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday. Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that…
adam neumann, Global Security News, In Brief, Real estate, Startups
Report: Adam Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B
Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday. Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that…
Exclusive, Founders Fund, Global Security News, Keith Rabois, Khosla Ventures, Real estate, Roam, Startups
Khosla’s Keith Rabois leads $11.5M Series A for startup Roam, calls it ‘the future of the housing market’
During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes…
Climate, Global IT News, Global Security News, Real estate, real estate decarbonization, Reshape Energy, Startups
Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate
Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price comparison platform Verivox. It’s focusing on selling energy…
Global IT News, Global Security News, Real estate, Redfin, rocket companies
Rocket Companies to acquire Redfin in $1.75B deal
Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that operates various brands including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. The new combined entity essentially pools the two…
Global IT News, Global Security News, Just Move In, PropTech, Real estate, Startups
Just Move In raises $8M Series A for its home setup service
Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. And…
Brendan Wallace, data centers, energy, Fifth Wall Ventures, Global IT News, Global Security News, PropTech, Real estate, real estate fintech, Startups
As demand for data centers soars, real estate companies look to become energy developers
Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth Wall Ventures, a nine-year-old proptech venture firm with $3.2 billion in assets under management. He’s also a homeowner in L.A., which continues to battle raging wildfires. While his place remains intact, many of his friends haven’t been so lucky. Wallace…
a16z, Exclusive, Global IT News, Global Security News, PropTech, Real estate, Startups
Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.…
Divvy Homes, Global IT News, Global Security News, PropTech, Real estate, Real Estate Tech, Startups
Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion
After a turbulent few years for proptech, Divvy Homes announced Wednesday that it is selling to a division of Brookfield Properties for about $1 billion. © 2024 TechCrunch. All rights reserved. For personal use only.
Andreessen Horowitz, Blumberg Capital, Divvy Homes, Global IT News, Global Security News, PropTech, QED Investors, Real estate, shutdowns, Startups, Tiger Global Management
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the…
Climate, Denmark, Donald Trump, Founders Fund, Global IT News, Global Security News, Government & Policy, greenland, Ken Howery, PayPal Mafia, Real estate, Venture
Ken Howery: the tech mogul at the center of Trump’s Greenland ambition
Surprise! Donald Trump’s big, audacious ambition to buy Greenland from Denmark has a tech angle. Ken Howery, named by U.S. President-elect Trump’s pick to be the next ambassador to the country (and thus chief broker of any deal), is one more part of the rich seam of tech people running through Trump’s upcoming administration. Part…
Global IT News, Global Security News, industrious, PropTech, Real estate, WeWork
CBRE buys remainder of co-working company Industrious at an $800M valuation
Real estate giant CBRE announced Tuesday that it is acquiring the rest of co-working startup Industrious, in which it already had a sizable investment, at a valuation of over $800 million. Founded in 2013, New York-based Industrious raised a total of $522 million in funding from investors including Riverwood Capital and Fifth Wall Ventures. Its last…
Global IT News, Global Security News, Real estate, renovation
Beams secures $9M Series A to digitize UK home renovation market
Home renovation projects can be unpredictable for both customers and builders. Meanwhile, small contractors barely use modern software and home renovation giants, like IKEA, tend to trundle on with dated legacy software. UK startup Beams thinks it can solve this conundrum and has now raised a $9 million Series A funding round to crack the…
Fifth Wall Ventures, Fundraising, Global IT News, Global Security News, interest rates, PropTech, Real estate, real estate investing, Venture
Real estate VC Fifth Wall is raising $500M for a new fund
Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing. © 2024 TechCrunch. All rights reserved. For personal use only.
Airbnb, Commerce, Fundraising, general atlantic, Global Security News, hostaway, Real estate, tourism, travel, Vacation Rentals
Travel is back: Hostaway raises $365M at a $925M valuation
The tourism and travel industries — after several tough years that included not just a global health pandemic but economic and geopolitical upheaval — are finally back on track, expected to make a “full recovery” to pre-pandemic levels of activity, the UN said earlier this month. As an indicator of that, Hostaway, one of the…