Taronga Group News

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.

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