Tag: General Partner

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72 hours left to save $150 on tickets to TC Sessions: Robotics + AI 2020

We’re counting the days (35 to be precise) until TC Sessions: Robotics + AI 2020 takes place on March 3 in Berkeley, Calif. But we’re also counting the days that you can save on the price of admission. The early-bird pricing ends in just three days on January 31. Buy your ticket right here before that bird flies south, and you’ll save $150.

This single-day conference features interviews, panel discussions, Q&As and demos with the leaders, founders and investors focused on the future of robotics and AI. TechCrunch editors will interview the people making it happen, explore the promise, expose the hype and address the challenges of these revolutionary industries.

The lineup, as impressive as ever, also includes workshops and demos because who doesn’t want to see robots in action? From autonomous cars and assistive robotics to advances in agriculture and outer space, our conference agenda covers the leading edges of the complex and exciting world of robots and AI.

Here’s a taste of what we’re serving.

Engineering for the Red Planet: Maxar Technologies has been involved with U.S. space efforts for decades and is about to send its sixth robotic arm to Mars aboard NASA’s Mars 2020 rover. Lucy Condakchian, general manager of robotics at Maxar, will speak to the difficulty and exhilaration of designing robotics for use in the harsh environments of space and other planets.

Investing in Robotics and AI — Lessons from the Industry’s VCs: Leading investors will discuss the rising tide of venture capital funding in robotics and AI. Dror Berman, founding partner at Innovation Endeavors; Kelly Chen, partner at Data Collective DCVC; and Eric Migicovsky, general partner at Y Combinator, bring a combination of early stage investing and corporate venture capital expertise, sharing a fondness for the wild world of robotics and AI investing.

We’ve added a new, exciting element this year. It’s Pitch Night, a sort of mini Startup Battlefield. The night before the conference, 10 teams will pitch to an audience of VCs and other influencers at a private event. Judges will choose five finalists, and those teams will pitch again from the Main Stage at the conference. We’re taking applications until February 1, so apply right here. It’s free, and a great way to showcase your startup to the people who can supercharge your startup dreams.

Don’t miss your chance to learn from, share with and pitch to the brightest minds, makers, investors and researchers in robotics and AI. And don’t miss out on serious savings. Buy an early-bird ticket to TC Sessions: Robotics + AI 2020 — before prices go up on January 31 — and you’ll keep $150 in your wallet.

Is your company interested in sponsoring or exhibiting at TC Sessions: Robotics & AI 2020? Contact our sponsorship sales team by filling out this form.

Source: TechCrunch

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Los Angeles-based CREXi raises $29 million for its online real estate marketplace

Los Angeles is one of the most desirable locations for commercial real estate in the United States, so it’s little wonder that there’s something of a boom in investments in technology companies servicing the market coming from the region.

It’s one of the reasons that CREXi, the commercial real estate marketplace, was able to establish a strong presence for its digital marketplace and toolkit for buyers, sellers, and investors.

Since the company raised its last institutional round in 2018, it has added over 300,000 properties for sale or lease across the U.S. and increased its user base to 6 million customers, according to a statement.

It has now raised $29 million in new financing from new investors including Mitsubishi Estate Company (“MEC”), Industry Ventures, and Prudence Holdings . Previous investors Lerer Hippeau Ventures and Jackson Square Ventures also participated in the financing.

CREXi makes money in three ways. There’s a subscription service for brokers looking to sell or lease property; an auction service where CREXi will earn a fee upon the close of a transaction; and a data and analytics service that allows users to get a view into the latest trends in commercial real estate based on the vast collection of properties on offer through the company’s services.

The company touts its service as the only technology offering that can take a property from marketing to the close of a sale or lease without having to leave the platform.

According to chief executive, Mike DiGiorgio, the company is also recession proof thanks to its auction services. “As more distressed properties hit the market the best way to sell them is through an online auction,” DiGiorgio says.

So far, the company has seen $700 billion of transactions flow through the platform and roughly 40% of those deals were exclusive to the company.

“The CRE industry is evolving, and market players, especially younger, digitally native generations are seeking out platforms that provide free and open access to information,” said Gavin Myers, General Partner at Prudence Holdings, in a statement. “CREXi directly addresses this market need, providing fair access to a range of CRE information. As CREXi continues to build out its stable of services, features, and functionality, we’re thrilled to partner with them and support the company’s continued momentum.”

CREXi joins the ranks of startups based in Los Angeles that have raised money to reshape the real estate industry. Estimates from Built in LA count roughly 127 companies, which have raised in excess of $2.4 billion, active in the real estate industry in Los Angeles. These companies range from providers of short-term commercial office space, like Knotel, or co-working companies like WeWork, to companies focused on servicing the real estate industry like Luxury Presence, which raised a $5 million round earlier in the year.

Source: TechCrunch