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Era Ventures Aims to Drive Fundamental Transformation in the Built Environment with Initial $88M Fund

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Era brings a unique investment thesis to bear with the largest woman-led first-time fund.

NEW YORK, Sept. 18, 2024 /PRNewswire/ — Era Ventures, a pioneering venture capital firm focused on investing in a broad range of business model innovations to catalyze positive change in the built world, today announced the launch of its inaugural $88 million fund. Era Ventures will deploy capital across multiple stages and a full spectrum of sector-focused innovations, from enablement technologies that improve existing processes to truly disruptive platforms that reshape the industry. The firm has identified seven core business models driving change, including but not limited to SaaS and AI, marketplaces, embedded fintech, and hardtech ventures leveraging new technologies to optimize physical assets, and will actively invest across all of these categories.

Founded by industry veteran Clelia Warburg Peters, Era Ventures has already garnered support from a broad roster of leading institutional investors, including one of the country’s leading Ivy League Endowments, ICG Advisors, New York Presbyterian Hospital, The Ashforth Company, BentallGreenOak (BGO), Continental General Insurance Company (CGIC), Pelwood Holdings, First American, Bain Capital Ventures, Fenwick & West LLP and others. It marks a notable achievement during a year when very few new venture funds of this size were raised.

“We are proud to have invested in and to support Era Ventures in its mission to drive transformational change in the real estate sector,” said Jeff Assaf, Chief Investment Officer at ICG Advisors, one of the leading multifamily offices in the country. “We’ve seen specialist venture funds consistently outperform in similarly complex sectors like financial services and healthcare, and Era’s approach positions it to drive fundamental disruption in a massive, yet technologically lagging, industry.”

Peters has been a leading investor in the PropTech space since its early days — first as a co-founder of MetaProp, one of the original, strategically backed PropTech funds, and then as a Venture Partner at Bain Capital Ventures, a leading generalist venture firm. She is an authority on innovation in the real estate category and is the first woman to raise an initial fund of this size in the category.

“I’ve seen firsthand the need for a new approach to physical world innovation that combines the creativity and quality of the generalist investing approach with the sector knowledge and relationships brought by specialist funds,” said Clelia Warburg Peters, founder and Managing Partner at Era Ventures. “Era Ventures is leveraging our unique blend of institutional backing, top-tier venture experience, and deep real estate expertise to bring both rigor and care to driving transformational change in the physical world.”

The fund’s launch comes at a critical juncture for the nearly $380 trillion global real estate industry, which has long resisted technological disruption. With productivity in construction rising just around 1% annually over recent decades and buildings consuming 30% of global energy, the need for innovation has never been more urgent.

“Era is not about playing it safe — we’re not just looking to digitize old processes in real estate and construction,” said Raja Ghawi, Partner at Era Ventures. “As innovation in our built world enters a new generation, we believe founders and startups will learn from their predecessors’ mistakes, bringing more transformational, efficient, and profitable businesses to market.”

Era Ventures is building a concentrated, high-conviction portfolio of transformative startups reimagining how we build, manage, and interact with our physical environment. Fund I has already backed founders across multiple stages:

Marketplaces and tech-enabled services:

Honey Homes, a digital handyman subscription service provider.Latii, a cross-border construction-materials marketplace.Welcome Homes, a platform to manage and build custom homes online.Ostrich, a next-generation real estate listing service in the UK.

Fintech:

Shepherd, an embedded insurance platform designed for the construction industry.Truehold, a single-family rental company that combines home sales and rental leases.Homeward, an embedded financial platform powering residential real estate transactions.

Hardtech:

PassiveLogic, an AI-enabled platform for autonomous buildings.ViaBot, a Robotics-as-a-Service facility management platform.

Vertical AI and SaaS:

Indigo, an AI-powered platform to facilitate residential real estate transactions.

“Clelia and Raja have a deep and considered viewpoint on what makes companies great. They use a qualitative and quantitative approach to understand their portfolio companies and apply that to provide helpful guidance and advice,” said Vishwas Prabhakara, the Founder and CEO of Honey Homes. “In particular, I’ve appreciated how they have helped Honey Homes better understand our target customers and informed our pricing strategy. Just as important, they have shown themselves to be a steady partner amidst the ups and downs of a startup journey.”

About Era Ventures:
Era Ventures is a venture capital firm dedicated to transforming the physical world through collaboration with companies that have the potential to disrupt outdated business models and create new systems. Founded by industry veteran Clelia Warburg Peters with a rare combination of expertise across real estate, technology, and venture capital, Era backs visionary entrepreneurs reimagining how we build, manage, and experience physical environments. The firm invests across stages, from seed to growth, in startups poised to revolutionize the $380 trillion global real estate industry. For more information about Era Ventures, visit www.eraventures.com.

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SOURCE Era Ventures

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Dana-Farber Cancer Institute Partners with Clinical.ly to Enhance Regulatory Operations with eReg Solutions

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September 19, 2024

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — The Dana-Farber Cancer Institute, a world leader in cancer treatment and research, chose Clinical.ly’s (www.clinical.ly) Research Suite™ to streamline regulatory operations, marking a significant step toward more efficient and compliant clinical trial management. Dana-Farber joins a growing number of research organizations that leverage Clinical.ly’s innovative solutions to streamline clinical trial processes. Clinical.ly’s eReg platform offers a comprehensive, paperless solution that centralizes regulatory workflows, ensuring compliance and transparency across clinical trials.

“We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO.

This partnership continues Clinical.ly’s success in providing best-in-class enterprise tools for conducting clinical research. “We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO. “Our eReg platform and wider set of features in Clinical.ly Research Suite™ will empower that renowned organization, and we all look forward to supporting their teams.”

About Clinical.ly Research Suite™ 

Clinical.ly Research Suite™ is a comprehensive solution that eliminates traditional, paper-based processes. By automating and centralizing essential workflows in the Clinical.ly Research Suite™, organizations achieve huge efficiency improvements, greater trial oversight, document management, and regulatory compliance. The Clinical.ly Research Suite™ includes:

eReg: A best-in-class electronic regulatory bindereSource: An intuitive & feature-rich, paperless data capture solution that streamlines data collection from trial participantseConsent: A fully digital solution for capturing informed consent, improving participant engagement and site complianceClinicallySign: 21 CFR Part 11 compliant eSignature functionalityClinicallyPay: A secure and instantaneous participant stipend payment and reimbursement solution

About Dana-Farber Cancer Institute

Founded in 1947, Dana-Farber Cancer Institute is committed to providing adults and children with the best treatment available today while developing tomorrow’s cures through cutting-edge research. Based in Boston, Dana-Farber is a teaching affiliate of Harvard Medical School and ranks consistently as one of the top cancer hospitals in the world.

About Clinical.ly

Clinical.ly provides differentiated, cloud-native technology solutions to the clinical research industry, enabling research organizations to conduct studies with greater efficiency and ease. Clinical.ly is dedicated to developing technology that eliminates tedious manual labor, allowing clinical research professionals to focus on patient care.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-farber-cancer-institute-partners-with-clinically-to-enhance-regulatory-operations-with-ereg-solutions-302253690.html

SOURCE Clinical.ly

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Fall Into Creativity with the Monport Laser Fall Sale

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September 19, 2024

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — Experience laser innovation this Fall with Monport Laser, an industry frontrunner in laser engraving and cutting technology, with an exclusive Fall Sale offering incredible discounts and free accessories on a wide range of high-performance laser engraving machines. From September 19th to September 30th, customers can take advantage of this limited-time opportunity to elevate their laser engraving businesses with cutting-edge laser innovation at unbeatable prices.

Monport Laser has been dedicated to providing innovative and reliable laser machines that empower businesses and individuals to achieve their goals. With a focus on quality, precision, and customer satisfaction, Monport Laser has established itself as a trusted leader in the industry. Their commitment to excellence is evident in every laser they produce, ensuring exceptional performance, reliability, and value.

Embrace the Power of CO2 Laser Technology with Exclusive Offers

Monport Laser will offer two free accessories with selected CO2 laser machines during the Monport Fall sale. These versatile lasers are ideal for various applications, including engraving, cutting, and marking wood, acrylic, leather, and more. By taking advantage of this Fall sale, laser engraving businesses can enhance their productivity and expand their creative possibilities.

Experience Unmatched Value with Fiber Laser Discounts

Monport Laser offers substantial discounts of up to $4200 and 3 free accessories on selected models for those seeking the precision and speed of fiber laser technology. Fiber lasers are renowned for their ability to process metals with exceptional efficiency and accuracy, making them indispensable for metal fabrication, manufacturing, and jewelry production. Additionally, customers purchasing fiber lasers during the Fall sale will receive three free accessories, further sweetening the deal.

Elevate Your Desktop Laser Experience with a Free Water Chiller

Monport Laser is committed to providing comprehensive solutions for businesses of all sizes. As part of the Fall sale, customers who purchase the 40W Desktop laser will receive a Free Water Chiller Cw3000. This essential accessory ensures optimal cooling and performance, prolonging the lifespan of the laser and guaranteeing consistent results.

Discover Additional Savings on a Wide Range of Accessories

Monport Laser offers an additional 20% discount on selected accessories to complete your laser setup. From lenses and nozzles to rotary tables and smoke extraction systems, customers can find everything they need to maximize the potential of their laser machines.

Unleash Your Creativity and Productivity

Monport Laser’s Fall sale is the perfect opportunity to invest in laser technology that empowers your business or fuels your creative passions. With exceptional discounts and free accessories, you can acquire the ideal laser solution to meet your needs and budget.

Whether you’re an entrepreneur, artist, or manufacturer, Monport Laser’s advanced laser machines offer unparalleled precision, versatility, and reliability. Take advantage of this limited-time Fall sale and unlock your projects’ full potential for laser innovation.

About Monport Laser

Monport Laser is a global leader in designing, manufacturing, and distributing high-quality laser machines and accessories. With a commitment to innovation and customer satisfaction, Monport Laser provides cutting-edge solutions for various industries, including manufacturing, engraving, marking, and more.

For more information, visit monportlaser.com and follow them on social media for the latest updates.

Website: https://www.monportlaser.com/

 

 

 

View original content:https://www.prnewswire.com/news-releases/fall-into-creativity-with-the-monport-laser-fall-sale-302253699.html

SOURCE Monport Laser

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MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement

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September 19, 2024

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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