Taronga Group News

Taronga Ventures has successfully closed the latest investment round of the RealTech Ventures Fund, with significant investment coming from strategic global investors in Asia, Europe and the United States, including: Dexus, PATRIZIA AG and CBRE Inc.

Taronga Ventures is pleased to announce that portfolio company Switch Automation has recently closed a US$5m investment round led by institutional investors out of Asia.

Buildings remain one of the largest contributors to greenhouse gas emissions—19% on a global basis said Carmichael Roberts of Breakthrough Energy Ventures. We’re very excited about enVerid’s molecular air cleaning technology and market potential.

The global engineering & construction industry is worth USD $10 trillion per annum, however the sector has seen almost no productivity growth in 50 years. While other industries have embraced the benefits of process and product innovations, the building industry has failed to modernise and productivity has stagnated as a result.

Australian Financial Review reporter Nila Sweeney headlined Taronga Ventures in AFR article 'Dexus Partners with Taronga Ventures to Launch Prop-Tech Program'.

Taronga Ventures has launched the RealTechX Growth Program to support emerging technology businesses in the real estate sector and the wider built environment ('RealTech') to achieve rapid and sustained growth. 

Taronga Ventures has secured support from the Australian Federal Government’s Department of Industry, Innovation and Science for its 2019 and 2020 RealTechX Growth Programs.

Superannuation fund investor ISPT has teamed up with property technology group Taronga Ventures to invest in early-stage "proptech" businesses, as it joins the move to digitalise real estate.

Taronga Group's Real Tech Ventures has recently announced a strategic alliance with KPMG Enterprise High Growth Ventures focused on developing opportunities for the RealTech Venture Fund, the first independent, specialist real estate technology fund to launch in the Asia-Pacific region.

Jonathan Hannam's address from the recent RealTech Ventures and KPMG event exploring innovation in Real Estate.