Ventures

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.

Taronga Ventures is pleased to announce its investment into CarbonCure Technologies, a Canadian based cleantech company that has developed carbon dioxide removal solutions for the concrete industry, as part of a syndicate that includes Amazon's Climate Pledge Fund, Breakthrough Energy Ventures, Microsoft, BDC Capital (Canada), 2150, Thistledown Foundation, and GreenSoil Investments.

CarbonCure’s success in North America is validation that its cleantech solution benefits concrete producers from a commercial standpoint as well as a sustainability one

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AUSTRALIA-BASED venture capital firm Taronga Ventures on Wednesday said it will anchor its Asia headquarters in Singapore, to expand its “real estate-focused innovation and investment ecosystem” for the region.

We believe that the future of real estate and construction will include more remote collaboration and review, saving on time and travel by bringing the jobsites to the experts, instead of the other way around, said Jeevan Kalanithi, OpenSpace’s co-founder and CEO, in a written statement.

Taronga Ventures is very pleased to announce the appointment of George Lowndes as Investment Associate within the RealTech Ventures Fund and Taronga Advisory.