Smart Buildings

2018 was a Record Year for Investment in Smart Building Innovation

2018 has proved to be a record year for investment in the global building technology sector, with over $2.4 billion invested in startup companies. This clearly demonstrates increased confidence by investors in the sector and indicates the positive response companies are receiving for their products and services in the market. Our brand new report identifies 482 companies founded between 2009 and 2018 in the smart building sector, which comply with our definition of a startup. In addition it identifies 109 startups that been acquired and 13 firms that filed for an IPO since 2009, amounting to over 600 active new entrants in the smart commercial buildings sector. Exits have also increased significantly, with the report identifying 41 acquisitions in 2018 alone. Indeed the last two years accounted for almost 60% of all startup acquisitions tracked since 2012, showing a clear trend towards consolidation. Adjacent markets are heavily impacting the core smart buildings market, particularly the […]

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Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

Smart Buildings

View Smart Buildings Business and Financials Examined

In this Research Note, we examine View Inc. (NASDAQ: VIEW), a Silicon Valley-based smart window company founded in 2006. This analysis is based on their 2021 financial results, investor presentations, M&A and their smart buildings strategy.  View, one of the most heavily funded firms in the smart buildings space, acquired unicorn status in November 2018 when it raised a $1.1 billion Series […]

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