Fifth Wall

When it comes to proptech, Commercial Observer reports that real estate operators are looking for near-immediate ROI via reduced operating costs. Good to see portfolio companies VTS and Runwise quoted in the article! #proptech

As always, it was *FUN* to MC the #ClimateInvestmentSummit at the London Stock Exchange with Matsi Modise. My really practical takeaways: 1) If you're a big company on your #netzero path, it's time to engage with the Taskforce on Nature-related Financial Disclosures (TNFD) framework if you haven't yet 2) If you're an #SME with big customers asking you about your #valuechain, consider using the CDP questionnaire for SMEs (https://lnkd.in/e4hSm_jG) 3) No matter if you are big or small, managing #climatechangerisk is critical for a well-run business. Claire Elsdon Jennifer Morgan Nigar Arpadarai Jens Nielsen Sagarika Chatterjee Lolita Jackson MBE FRSA Dick Benschop Natacha Boric James Schofield Jane Goodland World Climate Foundation COP29 Azerbaijan

🌆 New York City is becoming a hub for climate tech, with the green economy predicted to generate 400,000 jobs by 2040. The city's regulatory environment is friendly to entrepreneurs in the space, and there are investments being made in infrastructure for decarbonization efforts. Policies like Local Law 97, part of New York City's Climate Mobilization Act, show the commitment of the New York Economic Development Corporation to support climate innovation. NYC and the NYU Green Bank have programs to help emerging climate tech startups scale. Many climate tech startups are already based in New York City, including some our portfolio companies: Assembly OSM, Clarity AI, Runwise, and Sealed. 🎥 Featuring Fifth Wall's Francesca Whitehead #jobs #climatetech

🚨 HUGE #AI Award Alert! 🚨 We’re incredibly proud to announce that AI Breakthrough has named Document Crunch the winner of the “2024 AI Breakthrough Award” in the Large Language Model (LLM) category. 🏆 It’s the very same award that OpenAI won last year! 😮 We’re honored to solve real problems for the #construction industry through the use of AI technology... and we have so much more to come! ⭐️ Read about the award and how Document Crunch beat out the competition:  https://lnkd.in/gTyu6NH6 ⭐️ Want to hear more about our #POV on AI? Look for CEO Josh Levy’s next newsletter later today. (Subscribe here: https://lnkd.in/gE3wxRck). ⭐️ Want to learn more about large language models and the technology behind our purpose-built AI? Look for COO Trent Miskelly’s blog tomorrow. (Find it here: https://lnkd.in/gKZT95pn) The AI Breakthrough Awards recognize the world’s most innovative companies, technologies and products in the global Artificial Intelligence industry today. We’re honored to be among such an elite group of winners! #documentcrunch #contech #constructioncontracts #ai #LLM #chatwithyourcontract #contractcompliance #breakthrough

Big job opportunity for a Head of Sales at one of our portfolio companies, Loop Global. Join them to shape the future of EV charging, a must-have amenity for the future of real estate and building electrification. #hiring #climatetech

🏢 We're thrilled to have moved our New York City office to The Spiral - New York! We join HSBC, Debevoise & Plimpton, AllianceBernstein and other tenants as the building fills up over 80% occupancy. We were represented by CBRE, one of our strategic partners.

⛴️ Cargo ships emit a billion metric tons of carbon dioxide each year. A startup called Calera claims they can capture CO2 and safely return it to the ocean as saltwater. The system is based on a natural process that occurs when volcanic CO2 enters the atmosphere on a ship. The CO2 is captured from the ship's exhaust pipes and converted into calcium and bicarbonate, which can then be released back into the water. The latest prototype of the system will be tested later this year or in early 2025. 🎥 featuring Fifth Wall's Anastasia Istratova

I've wanted to work with Federal Realty Investment Trust since we started Fifth Wall in 2016, and we recently announced them as our newest strategic partner in our funds. I sat down with CEO Don Wood to talk about our partnership, which as been a rewarding partnership for me personally -- but more importantly, I'm really excited about how we'll bring out the best in each other, because this partnership will allow us both to do what we're best at. Federal is really good at putting retailers together and creating value in their properties. Fifth Wall strives to be a world-class partner to help real estate firms understand where to best apply technology in their businesses and help them prepare for real estate technology's latest trends like climate technology, energy, and artificial intelligence. #REIT #venturecapital #realestate

 🪄 Virtual reality is transforming building design Virtual reality is becoming more common in the real estate industry. Realtors have already used virtual reality technology to help homebuyers tour listings for a while now. But VR is also becoming transformative in the development design and construction phases of buildings. For example, viewing one-to-one 3D models of buildings is an effective way to way to fine-tune projects and eliminate errors. Developers, designers and other stakeholders can virtually “walk-through” a project before the ground ever gets broken. We see virtual reality technology as an opportunity for increased productivity and collaboration, such as our portfolio company Higharc. 💬 From Fifth Wall Investor Duncan Moore: “Tools that allow for more transparent, real-time collaboration between key parties introduce efficiency to the process via less rework and iterations over these many details. Core design tech has made impressive strides recently on the back of more advanced virtual environments and AI-powered automation. This will expedite key workflows within the design process. For instance, building renderings and layouts can be generated via simple text inputs today." #realestate #virtualreality

 🪣-filler!!!! Winning the AI Breakthrough Award means the 🌎 to me as it validates so much of the value Document Crunch provides and the hard work of the #Crunchers. Being a recipient of the exact same award won by OpenAI just last year is telling! And now for some REAL TALK: The froth around #AI is certainly BIG, and we know we are 🍀 for it, but in this month's newsletter, I explain what #DocumentCrunch owes the #constructionindustry and our pledge not to the let hype water down the very real product we are building. ⬇️ I'd love to hear your thoughts after reading it.