article thumbnail

Smart lock maker Latch teams with real estate firm to go public via SPAC

TechCrunch

Though, like many companies primarily known for hardware solutions, Latch says it’s more, offering a connected security software platform for owners of apartment buildings. The company is set to go public courtesy of a merger with blank check company TS Innovation Acquisitions Corp. from 2019 to 2020.

article thumbnail

Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Keyless locks = Peloton for real estate. New York-based Latch sells “LatchOS,” a hardware and software system that works in buildings where access and amenities matter. Latch’s hardware works with doors, sensors and internet connectivity. Let’s find out. Let’s start with the Latch deal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why the next big entrepreneur must come from climate tech

TechCrunch

While technological progress has been on an encouraging trajectory in energy and in transportation thus far, we are nowhere near done, especially in real estate and critical infrastructure. Specifically, just deploying the existing technologies in the built environment/real estate will not be sufficient.

article thumbnail

Why Investing in IT Partnerships is the Perfect Move Amid a Looming Recession

CIO

Smart companies, however, are building powerful third-party Technology partnerships to maximise budgets and simplify their IT operations, so they can continue to grow and innovate. Hybrid working significantly reduces real-estate footprint and costs. A recent study by PWC also suggests that hybrid working can boost productivity.

article thumbnail

Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. Real estate consumes 40% of all energy. ” Climate resiliency . Water and power infrastructure .

article thumbnail

Sweden’s Volta raises $260M at a $490M valuation to get its all-electric trucks into production by the end of this year

TechCrunch

Real estate investment firm Byggmästare Anders J Ahlström (like Volta, based in Stockholm), supply chain services giant Agility, and B-FLEXION (formerly Waypoint Capital) also participated. “As an innovator and disruptor in commercial vehicles, we are working at industry-leading pace and have significant ambitions.

article thumbnail

It’s time to evolve beyond marketing to create meaningful metaverse moments

CIO

When I talk with business leaders, I often hear metaverse as a marketing focus or an innovation one; usually, it’s not comprehensive and strategically integrated with the business. Immersive technologies will continue to grow as hardware becomes less clunky, reducing inconvenience, and software becomes more user-friendly and approachable.

Marketing 255