Tag: Business Development
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Fifth Wall Closes New $503 Million Fund, the Largest Real Estate Venture Capital Fund Raised to Date
With over $1 billion assets under management and more than 50 corporate strategic investors spanning 11 countries, Fifth Wall has assembled the largest consortium of real estate owners to invest in cutting edge startups and transform the global real estate industry. On July 17, 2019, Fifth Wall, the largest venture capital firm focused on technologies…
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Microsoft Urges the Construction Industry to Deliver Lifecycle Value
Digitalization is changing the way that we operate and use buildings. Salla Palos is directing Microsoft towards a future that inspires innovative changes in both the mindset and the business models of AECO industry stakeholders. Salla Palos moved from Finland to the United States in July 2015 and settled down in Seattle, one of the…
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Future-Ready: Global Construction Survey 2019
The Global Construction Survey 2019 by KPMG benchmarks how prepared companies are for a highly competitive and unpredictable future. The survey has been running annually since 2005. It features the perspectives of senior executives from 223 engineering & construction companies and project owners from a variety of industries. The Future-Ready Index is based upon their…
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PropTech Finland Steps Up – AEC Business
The previously informal network of Finnish proptech activists has now become a formalized community. The launch of PropTech Finland took place at KPMG’s Helsinki office on April 24, 2019. PropTech Finland’s mission is to unite the Finnish built environment startup community, to start and scale up businesses, and to integrate them into the global proptech…
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Real Estate and Construction Ecosystem in the Making: From KIRA-digi to KIRAHub
The Finnish Ministry of the Environment’s recent key project KIRA-digi was set up to promote digitalization of the built environment and construction. Although the project came to an end in December 2018, the work carried out in KIRA-digi will continue under the brand of KIRAHub. In a recent seminar, the lessons learned and future outlooks…
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The Law Clinic Paves Way to the Digitalization of Built Environment Processes
The Law Clinic offers legal advice on digitalization to built environment innovators and experimenters and in the process helps lawmakers find the pain points in legislation. In April 2018 the Finnish Ministry of the Environment launched an experimental legal service for real estate and construction professionals, municipalities, and lawmakers. The cost-free service is like a…
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A Portable Robot That Will Shake the Window Cleaning Industry
A Finnish startup wants to automate the way we clean and care for our building facades. Its compact robot is taking the world by the storm. “Back in 2016, I was painting a cow stable and cleaning its sheet metal roof. It was pretty tough work, balancing on a ladder. I almost had an accident…
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Living as a Service – An Interview with Teemu Suila of Kojamo
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Opportunities in PropTech – An Interview with Duke Long
Duke Long is a world-renowned PropTech promoter, commercial real estate broker and owner of the Duke Long Agency. In this interview, he talks about why Proptech is a huge opportunity and how to seize it. If you’re considering creating new solutions for the real estate and construction industry, you should definitely listen to Duke. Likewise, if you’re…
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eRent: Construction Efficiency Using Principles of the Sharing Economy
eRent has developed a digital equipment management portal for construction equipment. At the very heart of the concept lies the resource efficiency that can be achieved using principles of the sharing economy. Olli Aaltonen, CEO of eRent Solutions, is confident about the platform his company has created: “Besides offering a digital solution to a rather…