This Startup Could Revolutionize Construction Site Safety

This Startup Could Revolutionize Construction Site Safety

Saskatoon-based startup myComply could be set to revolutionize construction site safety across North America. Timed with Construction Safety Week 2018, myComply has announced its flagship solution that helps to reduce risk by making it easy for general contractors to verify that all trade contractors on site at a construction project are properly trained and safety certifications are current.

 Singapore-based smart lock maker Igloohome raises $4M

Singapore-based smart lock maker Igloohome raises $4M

Singapore-based smart lock maker Igloohome has closed a $4 million Series A round. The startup graduated from Dreamit in 2015. The investment was led by Insignia Ventures, the new firm started by ex-Sequoia venture partner Yinglan Tan. Phillip Private Equity, X Capital Ventures, K3 Venture’s Kuok Meng Xiong, angel investor Koh Boon Hwee, and existing backer Wavemaker Partners also took part. Inspired by the rise of Airbnb and hosts on the platform, Igloohome sells  a range of key-less products that include digital locks, digital deadbolts and a digital safe deposit box. The products are notable because they work offline, requiring either a manually entry pin code or ‘Bluetooth key’ on a phone to unlock. Despite that, owners can still control access remotely, while there’s a physical key just in case.

Apply to the Cemex Ventures Construction Startup Competition by June 3

Apply to the Cemex Ventures Construction Startup Competition by June 3

CEMEX Ventures, CEMEX’s open innovation platform and Corporate Venture Capital unit, launches “Construction Startup Competition 2018” which objective is to find Tech startups that want to change and disrupt the construction industry.The finalists will pitch their startup to the jury and a pitch will be chosen the winner of 3.000€. The CEMEX Ventures Investment Committee will announce which teams will have the possibility to join CEMEX Ventures for an incubation/acceleration phase and to be invested by CEMEX Ventures.

UrbanTech E-Bike Startup Jump is Acquired by Uber

UrbanTech E-Bike Startup Jump is Acquired by Uber

Uber has acquired dockless electric bike sharing company Jump for an undisclosed amount. The startup had been working since Uber since February after integrating with the Uber app to allow San Fransisco residents to jump on the dockless bikes. Dockless bike sharing is a highly competitive space. Ofo closed $866M in a funding round last month. LimeBike raised $70M in February. Cities around the country are compiling data on the viability of dockless bike sharing programs. 

Venture Investment in Real Estate Tech Cools as Interest from Large Firms Heats Up

Venture Investment in Real Estate Tech Cools as Interest from Large Firms Heats Up

Total funding for real estate tech startups fell in the first quarter of 2018, compared to the same time span in 2017. The total funding to startups in Q1 of 2018 was approximately $1.4B, which represents a 75% drop from Q4 of 2017. This number does not necessarily mean a slowdown in funding for early-stage startups; in 2017, total funding numbers were ballooned by massive funding rounds from companies like Offerpad, WeWork, and Compass. 

Meet the Dreamit UrbanTech Spring 2018 Startups

Meet the Dreamit UrbanTech Spring 2018 Startups

Our mission at Dreamit UrbanTech is to empower startups to transform the built environment by giving startups access to customers, coaching, and capital. Founders enter the 14-week program to scale their businesses and to position themselves to raise their next round of funding. Meet the startups who were selected for the Spring 2018 Dreamit UrbanTech cohort.

Meet the Startups in Dreamit UrbanTech's Spring 2018 Cohort

Meet the Startups in Dreamit UrbanTech's Spring 2018 Cohort

Twice a year, Dreamit brings together a group of promising real estate and construction tech startups for a 14-week accelerator program. These pre-Series A startups are all working on products that seek to transform the built environment. Meet the startups in the Spring 2018 UrbanTech Cohort. 

Investor Jeff Vinik Commits $12M to Dreamit Ventures and Joins Firm as Partner

Investor Jeff Vinik Commits $12M to Dreamit Ventures and Joins Firm as Partner

Investor and developer Jeff Vinik announced a $12 million investment in Dreamit and will be joining the firm as a Partner and member of Dreamit’s Board of Directors. Dreamit works with top global health and urban technology startups (real estate tech, construction tech, smart buildings / smart city tech), providing access to extensive customer, industry, and investor networks during 14-week acceleration programs. Startups pitch, pilot, and partner with some of the largest organizations in real estate, construction, and healthcare.

Building a Better Series A Accelerator

Building a Better Series A Accelerator

Dreamit Managing Director Andrew Ackerman discusses challenges with emerging market investing, what smart investors understand about timing, how accelerators compete, differentiate and win, and how angels and VCs need to think differently to drive returns. 

The Next Phase of Real Estate Tech

The Next Phase of Real Estate Tech

Over $5 billion was invested in real estate technology in 2017. The sector has strong momentum, and according to Matt Harris from Bain Capital Ventures, we are entering the third wave of real estate technology. 

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