Taronga Group News

As organisations transition back to the office, the imperative to maintain the health and wellbeing of occupants is at an all-time high. How will technology shape the post-pandemic office?

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. 

Among those raising capital, proptech investment firm Taronga Group is well on its way to securing its target of $100 million in fresh capital for its RealTech Ventures Fund.

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.

Taronga Ventures is currently looking for an associate to join its team. The role will involve financial analysis, operations, commercial management as well as strategy and implementation advisory.

Jonathan Hannam, co-founder of investment firm Taronga Group, said institutional demand for real estate technology, known as realtech, had “exploded” over the past 12 months as real estate owners and investors look to future proof their portfolios and make them more efficient.