Smart Buildings

What is the Recipe for Smart Building Startup ‘Success’?

June 20th, 2024
Smart Buildings

CXApp Workplace Experience Business and Financials Examined

June 19th, 2024
Witco Acquisition
Smart Buildings

Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud

This Research Note examines what’s behind Witco’s latest move to acquire SharingCloud. We review the deal in the context of the startup’s development, funding, prior acquisitions, and strategy. Witco Profile Witco, a Parisian startup was founded in 2016 as MonBuilding, serving the French and Canadian enterprise market for workplace engagement apps. After raising 2 million […]

Axis Communications Financials 2023

Axis Communications Video Surveillance Business & 2023 Financials Examined

In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Canon’s 2023 Results Presentation 30 January 2024, Axis Communications 2023 Sustainability Report, 22 May 2024, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance and analytics, access […]

Complimentary Article You Can't Design a Truly Smart Building Without Human Resources!
Smart Buildings

#Podcast 31: You Can’t Design a Truly Smart Building Without Human Resources!

In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial buildings through interesting conversations. For Episode 31, we were joined by Tomás Mac Eoin from Master Systems Integrator (MSI) Hereworks to Discuss their Swift HR Concept. The Swift HR concept envisions a cross-functional team, led by Human […]

Smart Building Startups Landscape 2024
Smart Buildings

Who Are the Smart Building Startups Gaining Traction in 2024?

While funding levels are a good measure of a startup’s potential, growth may be the best measure of a startup’s success. That is the focus of our latest research study, which identifies and explores the 100 smart building startups we believe have gained the most growth traction in the past year. The global smart buildings […]

iLOQ Access Management

iLOQ Digital Locking Business & 2023 Financials Examined

In this Research Note, we examine the Finnish digital locking company iLOQ. This article is based on the financial statements and the 2023 Annual Report of Capnor Weasel Bidco Oyj, iLOQ’s parent company, and coverage of their activities in the last year. Founded in 2003, iLOQ is a Finnish specialist in the mechatronic locking sector. Based […]

Cobalt Robotics Acquisition

What’s Behind the Acquisition of Cobalt Robotics by Dean Drako?

This Research Note examines what’s behind the acquisition of Cobalt Robotics by Dean Drako, announced on 4th June 2024. We review the development of Cobalt, the strategic rationale of the acquisition, and the accelerating trend of robotic technologies as a mainstream security solution. Cobalt Robotics Acquisition Founded in 2016 in Fremont, California Cobalt Robotics develops […]


Funding for Physical Security Startups 2023 / 24

Over $5.5 billion has been invested in smart building startups since the beginning of 2023, that’s according to data from our latest research, which reveals key data on 284 funding rounds. Over $2 billion of that was invested in the first four months of 2024, according to our data. The outlook for investment and alliances […]


ASSA ABLOY Global Technologies Division & 2023 Financials Examined

This Research Note examines the Global Technologies Division of ASSA ABLOY, the Swedish global access control group with the largest installed base of locks and different access solutions in the world. Our analysis is based on ASSA ABLOY’s 2023 Annual Report, their Capital Markets Day Presentation, 14th May 2024, and subsequent acquisitions in 2024. ASSA […]

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