Taronga Ventures

In 2020, Trendspek participated in our RealTechX innovation program, leading to pilots with program partners that defined new use cases and a deepening of the relationship with the investment team. Taronga Ventures has since supported Trendspek with all aspects of company development, from refinement of the company’s commercial model to opening access to global customers. Since our initial investment, the Trendspek team and revenue have more than doubled, with over 3.5 million photos processed and users in over 40 countries. This expansion has enabled rapid growth into new markets, such as the UK and US, with an alliance partner network of multinational organisations such as CBRE, Applus+, SYSTRA and KBR, Inc. Thanks to Fiona Church, Co-founder of Trendspek for sharing her experience with Taronga Ventures.   Read the full case study: https://lnkd.in/gaJMxdZu Derek Feebrey, Mitch Deam #TarongaVenturesPortfolio #assetmanagement #facilitiesmanagement #drones #digitaltwin

Stay informed on technology in the Real Asset sector with the latest insights and innovations.    Our RealTech Connect newsletter delivers the most up-to-date news, insights and projects happening in Taronga Ventures' ecosystem.   Subscribe now to receive exclusive news and content from our team, portfolio companies, innovation programs, partners, advisory, events, and more.   Sign up today to receive RealTech Connect: https://lnkd.in/gffjdVj2   #TarongaVentures #RealTechX #TarongaAdvisory #innovation #realassets

From a broadcast facility at the Australian Open, to an emergency medical centre at Monash Hospital, to rapidly deployable accommodation - Taronga Ventures portfolio company SPACECUBE’s reusable modular building system is a highly versatile and sustainable solution.   Taronga Ventures has supported SPACECUBE with expanding from mainly events to this broader range of applications, as well as supporting with a range of tactical and strategic challenges, from business model reviews to market entry strategy for Europe and the Middle East. “The Taronga Ventures team have been an invaluable support to the SPACECUBE growth strategy. Since initial investment, Spacecube has not only tripled revenue but launched into other territories and markets thanks to their guidance and investment. The Taronga Ventures team are great ambassadors of the SPACECUBE story and continually champion our purpose to stakeholders.” - Mark Davies, CEO, SPACECUBE Read more about Taronga Ventures' investment into SPACECUBE: https://lnkd.in/gjWmiWCp #TarongaVenturesPortfolio #modularstructures #brandactivation #hospitality #healthcare #innovation

Xandar Kardian Inc.'s technology has potentially saved the life of a police detainee in custody, in yet another example of the solution's impact in correctional facilities. The Taronga Ventures portfolio company recently deployed its radar-based health monitoring system with the Regina Police Service in Saskatchewan, Canada to monitor the health and wellbeing of detainees. This innovative technology that detects breathing and heart rates identified a detainee in distress, enabling an immediate and potentially life-saving intervention. Critical instances like these underscore the vital role that Xandar Kardian's solutions play in enhancing safety and ensuring timely medical responses. “From the moment we integrated Xandar Kardian's radar-based sensors, we observed a transformative impact on our operations. Within the first 48 hours, the technology detected a critical, potentially life-threatening condition in one of our detainees, enabling our staff to intervene just in time. This incident alone exemplifies how essential such innovative monitoring solutions are in a custodial setting. They are not merely enhancing our operational efficiency; they're crucial in safeguarding human lives. This technology ensures we are equipped to handle emergencies with the urgency and care they require.” - Pierre Beauchesne, Staff Sgt., Regina Police Service Read the case study: https://lnkd.in/gpgZt_nB GT Global Services #XandarKardian #correctionalhealth #healthtech #innovation #sensors

How much carbon is associated with one parcel delivery?   A study conducted by University of Melbourne and Groundfloor™ Parcel Lockers quantified the ESG benefits of one of the most popular commercial office amenities - smart parcel lockers.   Our Director of ESG & Sustainability, Rebecca Jinks, said "Increasingly, commercial offices are turning to technology to deliver sustainability benefits to their portfolio. Commercial properties are expanding their remit on sustainability to include initiatives that reduce scope 2 and 3 emissions."   Russell Thompson, professor in the Department of Infrastructure at the University of Melbourne said “Our study showed that... if parcel lockers were installed in all loading docks of commercial towers this could reduce vehicle kilometres travelled by couriers by around 50 per cent. This would provide substantial productivity gains for couriers as well as reduced emissions and congestion in the CBD."   The study highlights the opportunity for commercial offices and precincts to explore parcel lockers as a sustainable solution to reduce scope 3 emissions.   Read the full article on The Urban Developer: https://lnkd.in/gj2gH-EU   Lynne Thornton, Lauren Melton #parcellockers #tenantexperience #amenities #RealTech #innovation

Groundfloor provides smart parcel lockers for 24/7 management of parcels, bundled mail, dry cleaning and refrigerated deliveries for apartments, build-to-rent, student accommodation, commercial office, and retail assets. Their last-mile solution allows couriers to make faster deliveries, fewer redeliveries, and can lead to fewer delivery vehicles on the road, reducing associated carbon dioxide emissions. We are pleased to have supported Groundfloor™ Parcel Lockers on their journey to scale, recently reaching over 1 million packages delivered to their nearly 200 installed systems by 12,500 registered couriers. Thanks to Lauren Melton, Co-Founder & Director of Groundfloor for sharing her experience working with Taronga Ventures. Read the full case study: https://lnkd.in/gZcJfn7b #TarongaVenturesPortfolio #Groundfloor #tenantexperience #amenities #sustainability

The social and community elements have long been the foundation of thriving real asset developments. Today, the concept of ‘Social’ in ESG is evolving and gaining traction in the real asset sector. Understanding ‘Social Value’ in practical terms and what’s expected in measurement, evaluation, and reporting is becoming increasingly important for developers.   In this article, Guy Battle, CEO of Social Value Portal (a Taronga Ventures portfolio company), discusses how today's developers and investors are starting to recognise the importance of Social Value and the role it plays across the asset lifecycle.   The article 'Creating Social Value across the asset lifecycle' explores: - What Social Value means in practice - How Social Value can be delivered across the asset lifecycle, from construction to management and occupancy - Methods for measuring and reporting - How to avoid 'value washing' - Examples of how asset owners have analysed, monitored and amplified Social Value across their assets, and the results achieved   Emphasising Social Value not only enhances community engagement but also contributes to sustainable and successful developments.   Read Guy's article on the Taronga Ventures website: https://lnkd.in/gTZiDTcy   #SocialValuePortal #RealAssets #SocialValue #socialreporting #socialmeasurement

On NAIDOC Week 2024, we celebrate and recognise the rich cultural history of Aboriginal and Torres Strait Islander peoples in Australia, and the oldest living culture in the world.   This year's theme represents the strength and vitality of Indigenous cultures, and connection to the land, to each other, and to the rich tapestry of traditions that define Aboriginal and Torres Strait Islander peoples.   We are pleased to be a partner and tenant of International Towers in Barangaroo, who are providing opportunities to connect with the local Aboriginal community, learn something new, and celebrate NAIDOC Week in a meaningful way.   Through our collective efforts, we can build a future where their stories, traditions, and achievements are cherished, preserved and celebrated.   #NAIDOCWeek2024

There are roughly 150 fatal accidents and 100,000 serious injuries in the Australian workplace each year, with vehicle-related accidents causing roughly 65% of all workplace fatalities. Sydney Trains deployed Presien’s AI vision system to reduce the risk of workers being struck by mobile plant during maintenance operations and to enhance safety awareness. Presien's AI vision system, Blindsight, creates alerts for potentially dangerous situations around heavy machinery and automated health and safety reports for worker safety on construction and infrastructure sites. “When working in track possessions, the major risk is not from trains but being struck by mobile plant and equipment moving around on site. We’d been hunting for a safety solution for some time. We didn’t just buy into the tech stack from Presien, but the team behind it. Their experience in computer vision and machine learning was key to ensuring the AI vision was fully customised to our sites. At the trial’s onset, 40 – 50% of interactions were deemed unsafe. However, over the year, this dramatically decreased to around 3% percent. This reduction reflects both system improvements and enhanced safety awareness among our workers.” - Works Management Lead, Major Works Division, Sydney Trains Read the full case study: https://lnkd.in/gFHdi27d #workplacesafety #infrastructure #computervision

Our Co-founders and Managing Partners Avi Naidu and Jonathan Hannam were featured in Property Management Magazine following their recent trip to Japan for the ULI Asia Pacific Summit.   They discussed:   - The evolving ESG landscape and the challenges and opportunities that ESG presents for the Real Asset sector - Asia Pacific market insights, including recent activities from Taronga Ventures and our partners in Japan - Taronga Ventures portfolio companies that have expanded across Asia, including CarbonCure Technologies, Ampd Energy, OpenSpace, and CALUMINO - Their perspectives on key technology areas like ESG, climate change, and AI, and how they're impacting the industry - A glimpse into Asset Impact, our upcoming technology program that will be launching later this year   Thank you to Property Management Magazine and Yukihiko Ito for the feature.   #PropertyManagementMagazine #ESG #RealTechX #Japan #RealTech #innovation