Vend Park, a company dedicated to transforming commercial real estate parking, has successfully secured $17.5 million in Series A funding. The investment was led by Blue Heron Capital and included participation from Nuveen’s Real Asset Ventures. The capital will be used to fund expansion into major U.S. markets and accelerate the development of its AI-powered platform.
MRI Software has acquired Melbourne-based Proptech Labs in a deal that will expand its property management technology across Australia and New Zealand. The integration will enhance MRI Property Tree and Palace with advanced automation, inspections, and key management capabilities.
Fermi, co-founded by former U.S. energy secretary Rick Perry, has raised $682.5 million in a U.S. IPO, reflecting strong demand for AI-driven data infrastructure. The Texas-based company, valued at $12.46 billion, is building a massive energy and data campus set to supply 11 GW of power by 2038.
Apaleo has become the first hospitality property management platform to launch a Model Context Protocol (MCP) Server, giving AI agents the ability to perform hotel operations across multiple systems without custom integrations.
OFA Group has partnered with Blockchain App Factory to develop a blockchain-based RWA platform that will tokenise real estate equity and mortgage assets. The company is also planning a $100 million cryptocurrency treasury while continuing to expand into AI and blockchain-led architectural solutions.
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