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The Home Depot Announces $150 Million Venture Capital Fund to Fuel Innovation in Retail and Home Improvement
ATLANTA, Might 3, 2022 /PRNewswire/ — The Home Depot® today declared House Depot Ventures, a enterprise money fund created to identify, fund and spouse with early-phase businesses to speed up rising technologies that intention to increase the customer encounter and shape the potential of house enhancement. The $150 million fund aims to make investments in firms that progress The Residence Depot’s capability to give a seamless interconnected searching expertise, produce new and differentiated capabilities, and lengthen its low-expense service provider posture to: Far better Serve Buyers: Simplify how individuals devote in their properties all over the significant milestones of dwelling ownership, together with preliminary acquire and transfer-in, ongoing servicing and repairs,…
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With Eye Toward Innovation & The Future, Titan Home Improvement Becomes Titan Holdings
CORAL GABLES, Fla.–(BUSINESS WIRE)–Titan Holdings (“Titan,” formerly “Titan Home Improvement”) today announced a companywide new operating structure aimed at driving innovation and growth including the launch of a new business vertical and the rebranding of another as part of a broader strategy to revolutionize the end-to-end residential remodeling process. Titan has split itself into two business verticals: direct-to-consumer home improvement operations and a residential services technology business, as further detailed below. The home improvement operating business will be branded as Renuity and will own Titan’s family of home improvement divisions, including FHIA Remodeling, Mad City Windows & Baths, Statewide Remodeling, Home Smart Industries, and Paradise Home Improvement. Renuity, which will…