GeoPhy to offer instant valuations

Law firms are increasingly under pressure from clients to reduce fees and improve efficiency. As more data becomes available, and technologies muscle in to offer alternatives to various legal processes, how are lawyers adapting to stay relevant and retain clients?

The startup, which uses machine learning to predict environmental impacts during engineering and operational works, has received funding from government initiative Innovate UK to work on the planned high speed railway.

The Norway-based AI startup, used by developers and architects to generate and analyse development designs, will use the $25m to accelerate the company’s roll out and grow product, engineering and commercial teams.

The big data startup has entered a strategic partnership with eLocations to enable the firms to calculate the current turnover, and predict future turnover, for each retail location or brand, globally.

Drones are not exactly new. They’ve gone from being used by the military, to being wrapped up as Christmas stocking fillers for children. However, their commercial potential has only been recently recognised.

Prof Andrew Baum, the influential thinker on the future of real estate at Saïd Business School, has joined the London-based startup as an expert advisor.

KPMG asked 740 “tech industry leaders” about their innovation priorities and found IoT the biggest likely winner in the next three years and increasing scepticism of artificial intelligence.

For many companies, beginning to innovate can be an overwhelming experience, full of risks and challenges. Specialist proptech fund Concrete VC decided to tackle this head on by hosting an event looking at what works and what fails in commercial real estate innovation.

Bould will bring the tech firm over 40 years’ experience in the property industry.