Ventures

Recognising that climate change is the biggest global challenge we all face, Taronga Ventures has announced that it has been independently certified as being 100% carbon neutral.

New York-based PGIM Real Estate announced on Wednesday it has acquired a strategic equity stake in Australia-based venture capital firm Taronga Ventures, further supported by a commitment to Taronga’s RealTech Ventures Fund.

Real estate technology investor Taronga Ventures has singled out 10 ‘realtech’ startups for its second RealTechX innovation program. 

One of the world’s largest real estate fund managers, New York-based PGIM Real Estate, has taken an equity stake in innovation investor Taronga Ventures and committed capital to a major raising in the local player’s proptech fund.

A survey of property industry professionals around the region conducted by Mingtiandi found that proptech, or use of technology by real estate businesses, accelerated measurably in 2020 as developers and investors ramped up an already existing trend toward innovation.

To delve into the 2021 outlook for real estate and its tech, Angelica Krystle Donati from Forbes enlisted the help of several leading global PropTech and ConTech VCs.

Taronga Ventures, Asia’s leading real estate innovation and technology investment platform, will collaborate with the recently opened Smart Urban Co-Innovation Lab led by CapitaLand. 

A Dexus-backed proptech fund has delivered a 72 per cent internal rate of return after investing in a series of innovative technologies, including a process that stores carbon dioxide in concrete used for construction.

Leading property data and analytics company CoreLogic has today announced its backing of emerging technology businesses in real estate through Taronga Ventures’ RealTechX program.

CBRE has partnered with RealTechX, an innovation program backed by Asian venture capital firm Taronga Ventures to support emerging technology businesses and promote innovation and technology adoption in the real estate sector.