Weekly Radar #335: Another Piercing Of 3D Printing's Armor and Company Town Hunting Ground
In this Weekly Radar, we cover:
- Toyota's Woven City in Japan will showcases cutting-edge smart city technologies such as autonomous vehicles, dry cleaning and storage services. Building high-tech company towns can't be done without partners, which presents distribution opportunities for proptech startups and incumbents.
- The bankruptcy of 3D printing company Diamond Age reflects challenges in securing funding for innovation in construction, raising concerns about the industry's viability and future investor confidence.
- The GEM Proptech Index was down 0.02% from a week ago.
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Latest from Geek Estate Blog:
Transmission Recap:
This week, we dropped our 5th annual "State of the GEM"...see the current membership makeup of GEM, as well as 2024 business reflections and 2025 resolutions. Last week, Brad Hargreaves explored solutions that have emerged to make it easier for multifamily owners to find—and integrate—technology, and aim to alleviate the industry's tech fatigue.
BIZ INTEL
PROPTECH INDEX WEEKLY
By: Community Relations
Consisting of 29 stocks, the GEM Proptech Index had a combined market cap of $225.81B, remaining relatively unchanged, decreasing .02% from the previous week.
BUILT WORLD
COMPANY TOWN HUNTING GROUND
By: Logan Nagel
Toyota, of Prius and Camry fame, is getting into the smart city business with a brand-new company town that puts innovation front and center. Woven City, located in Susono City on the slopes of Mt. Fuji, just completed its first phase of construction, and the first 100 residents—all Toyota employees moving in this Fall—will eventually grow to be composed of “inventors” who work for Toyota, academia, or other tech companies, and “weavers,” residents and visitors to test the novel technologies being deployed throughout the city.