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 Buildings

EnOcean: The Latest Smart Buildings Firm to Ride the SPAC Wave

The alternative IPO trend continues as German firm EnOcean announces its intention to implement a reverse merger with a SPAC to take them public early next year. Special purpose acquisition companies (SPACs) have proved a popular route for companies to list on the stock market without the rigmarole of a traditional IPO process. However, more […]

Smart Buildings

Mapping Cushman & Wakefield Strategy in Smart Buildings

This Research Note examines the emerging strategic priorities of Cushman & Wakefield in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, categorizing the various business relationships by technology and investment type over a 3-year period. This article is intended as a non-exhaustive indicator of Cushman […]

Smart Buildings

Siemens Buildings Business & 2022 Financials Examined

In this Research Note, we examine the Buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 press conference, earnings release, investor presentations of 17th November 2022 and building technology-related activities throughout the year. SI revenue growth is being led by strength in the Electrical Products business, which reported […]

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