Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. […]

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Badi gets $30M for AI-aided room rentals

Should you let AI help you pick your roommates? Barcelona-based urban room rental startup Badi thinks so, and it’s just closed a $30M Series B funding round less than a year after a $10M Series A — suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) ‘Generation Rent’ demographic, as they hunt for their next flatmate. […]

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Crexi raises $11 million to bring commercial real estate out of the Dark Ages

Managing, buying, and selling commercial real estate is a fairly primitive process. Crexi founder Mike DeGiorgio remembers one experience in 2014 when he was required to fax and mail details about an urgent transaction to the leasing office, a move that made him think he was back in the era of Pogs and MTV’s Real […]

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BuildingConnected lands $15 million for its service linking contractors and developers

BuildingConnected, which provides software linking contractors and developers has raised $15 million from a strategic investor — Brookfield Ventures, the new venture arm from real estate developer Brookfield Asset Management. The new investment bumps the total raised by BuildingConnect to $53 million. Previous investors in the company include Crosslink Capital, Brick & Mortar Ventures, Freestyle Capital, […]

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Swiss watchmaker Omega joins the ecommerce bandwagon

 Swiss watchmakers have long resisted the siren call of ecommerce. While many of their products sold online – you can find everything from Swatch to Breguet on the “grey market” – there were no official online channels for many brands. Until now. Omega, a Swiss watchmaker whose wares now grace the wrist of James Bond, just started selling online, joining Panerai and… Read More

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