Energy

Energy Management Startups Dominate Funding in 2023-24

Our new research reveals key data on 284 funding rounds for startups, amounting to around $5.5 billion across the smart buildings sector in the 16 months since January 2023. And, with over $2 billion already invested in the first four months of 2024, we believe that the outlook for investment and alliances with new entrants looks positive for the rest of 2024 and beyond. “Investors continue to be attracted to climate-related real estate technology applied to solutions and services for buildings, such as energy management software and hardware,” explains our latest report: StartUps in Smart Buildings 2024. “We are confident that technology investment will remain a key driver for energy efficiency in commercial real estate as innovation continues to enable greener buildings aligned with global sustainability goals.” Our study details around 30 energy management software startups and around 19 in energy management hardware startups that received funding in 2023 and early 2024. Here we highlight […]

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