Smart Buildings

Funding Boom in a Maturing Occupancy Analytics Market

There is strong competition for both funding and projects as many startups and established players consolidate their position and vie for business in the occupancy analytics sector for commercial office space. With over 220 companies vying for business, the market for technology platforms that locate and map people and workspaces is crowded.  Three startups, Density, Locatee and Mapiq have taken the lead in attracting investment this year from venture capital firms and real estate stakeholders to support their growth ambitions. Density, the San Francisco startup founded in 2014, provides people counting sensors that can derive real-time intelligence on how employees utilize office space and address unauthorized building access. The company completed an additional $25 million funding round from existing investors in April 2021, bringing the total capital raised to over $100 million. Investors include Kleiner Perkins, 01 Advisors, Upfront Ventures, Founders Fund, Ludlow Ventures, Launch, Disruptive and LPC Ventures. Density’s clients, 70% of which are large enterprise companies, manage over 1 billion square foot […]

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Most Popular Articles

Smart Cities

A New Dawn for Solar Power in the Smart Buildings Sector?

There are over 8 billion square meters of rooftops on which solar panels could be installed in the US alone. This represents over 1 terawatt of potential solar capacity, which is roughly equivalent to all the installed solar power on earth today, or 6% of global energy consumption. Furthermore, recent advances in solar panel efficiency and usability […]

Security

SPACS: The 800-pound Gorilla in the PropTech Room

In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

Smart Buildings

Incorporating BIM Data into IWMS & BIoT Platforms for Building Operations & Maintenance

This Research Note highlights the trends in Building Information Modelling (BIM) in the building operations and maintenance sector and reviews the activities of the major players across the Integrated Workplace Management Systems (IWMS), Building Management Systems (BMS) and Building Internet-of-Things (BIoT) sub-sectors. Building Information Modelling (BIM) has established itself as a key software in the […]

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