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Technically Philly covers the launch of Dreamit’s new SecureTech vertical.
Commercial real estate firms are investing heavily in technology startups and established companies that help manage data. The acquisition of FacilitySource comes after the company established itself as the go-to data solution for the facilities management industry and built advanced analytics capabilities that tap into performance data gathered since its founding in 2005.
Today we announced the launch of Dreamit SecureTech and our plans to invest in and accelerate game-changing securetech startups. Dreamit SecureTech has three focus areas: Logical will focus on hardware and software-based cybersecurity products; Physical will focus on mitigating threats to people and property; and Social will focus on the dimension of human communication such as fraud, social media/fake news, and information warfare.
On June 8th, 2018, executives, investors, founders, and other leaders from the Philadelphia healthcare community came together for Dreamit HealthTech’s Spring 2018 Demo Day. 7 innovative healthcare startups pitched at the event and attendees listened to Adam Dakin, Roy Rosin, and Brian Lobley discuss the future of healthcare innovation.
There is relatively little opportunity for a moat around scooter businesses apart from being the first to market in any geographic area. This explains why Sequoia pumped $150M into Bird for rapid expansion, and why GV invested $250M into Lime. When companies are built and deployed at scale, users are more likely to choose the product with wider availability. This is what gave Uber a massive advantage in the ride-hailing market, which has many similarities to the mobility market occupied by electric scooter companies.
JLL is one of the largest players in real estate, with over $7B in revenue and over 77K employees around the world. Now, the real estate developer and property manager is getting into the property tech investment game with the launch of a new $100 million fund run by corporate subsidiary JLL Spark.
As the Brooklyn Army Terminal (BAT) celebrates its 100th birthday, NYCEDC is turning to the city's rich ecosystem of smart building innovators to enhance the infrastructure and operations of this New York City landmark. The Smart Buildings Tech Challenge invites applicants to submit proposals to address three key smart building areas. Selected finalists will be invited to a pitch event this summer, and winning proposals will be contracted by NYCEDC to pilot the project at BAT.
Dreamit HealthTech startup Infermedica recently won the award for best pitch during the EC2VC Investor Forum at HIMSS Europe & Health 2.0 Conference 2018. The company, which has developed an artificial intelligence diagnostics tool, already has several clients including Allianz Partners, Medicover, and HealthLoop.
Dreamit HealthTech alum PhotoniCare recently received a $2.1M grant from the National Institute of Health. Learn how PhotoniCare improves ear infection detection and find out how it plans to use the new funding to commercialize its product.
Dreamit HealthTech alum Voiceitt scooped up the “AI for Good” prize in the Innovate.AI competition hosted by Microsoft. Tel Aviv-based Voiceitt uses speech recognition smarts to translate unintelligible sounds into clear speech in real time, which could help people suffering from disorders such as Parkinson’s, cerebral palsy, autism, strokes, and more. Voiceitt won a $500,000 investment and $500,000 in Azure credits.