Taronga Group News

Jonathan Hannam of Taronga Ventures and Ariel Shtarkman of Orca Capital and ULI Asia Pacific discuss innovation and technology progression in the real estate technology market in Asia; how organisations are driving sustainability outcomes and the outlook on RealTech investment and adoption in the region.

Led by Taronga Ventures and The Schmidt Family Foundation, A$6 million in new funding positions the company for international expansion into North American and European markets.

Innovation investor Taronga Ventures has won backing from two of Japan’s biggest institutional investors in the past week, with both Mitsubishi Corporation and Nomura Real Estate Development committing capital to the local player’s property technology fund.

Nomura will leverage Taronga’s coverage across global technology markets and utilise its deep understanding of real estate across Asia, to deliver enhanced experiences to its customers and communities.

Mitsubishi Corporation will leverage Taronga’s deep expertise in real estate and infrastructure technology and its unique understanding of the complexities across Asian markets.

Grosvenor Asia Pacific has invested into the latest close of Taronga’s RealTech Ventures Fund - joining a growing list of leading global real estate firms, including PGIM Real Estate (US), CBRE (NYSE: CBRE), Dexus (AXS:DXS), and Patrizia AG (ETR:PAT).

US telecommunications giant Verizon has entered a collaboration agreement with RealTechX – the innovation platform of real estate and built environment technology investor, Taronga Ventures.

Asia’s leading built environment technology investor, Taronga Ventures, has expanded its successful RealTechX innovation program into Singapore, with support from Enterprise Singapore, the government agency championing enterprise development.

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.