The “first smart building unicorn” has gone bankrupt. After receiving numerous warnings from NASDAQ that it could be delisted, View Inc. admitted it doesn’t have enough money to operate publicly beyond September. Last week, the company announced it would file for Chapter 11 bankruptcy and continue operations under private ownership via an agreement with Cantor Fitzgerald, RXR Realty, and other investors. Under the slogan “your window to wellness,” View Inc. promised to make the skin of buildings intelligent. Their “Dynamic Glass” cut building energy consumption by as much as 20% by automatically tinting windows in response to solar radiation and indoor temperature levels, while also improving occupant health and wellness. While many maintain the technology at View Inc. is not the problem, something has gone wrong since the startup’s rapid rise. View Inc. The Glass Unicorn The California-based smart glass start-up was the talk of the industry when, in June 2017, the announced a $1.1 […]