This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in 2022 amounted to over $10.6 billion spread over 350 funding rounds. Funding levels remained at the second highest level since 2017, demonstrating the continued attractiveness of investments in the smart buildings space.  This is in contrast to the PropTech sector overall, which saw a 38% decrease in venture capital investments in real estate technology companies, according to CRETI, the Center for Real Estate Technology & Innovation. Funding in Energy Management One area that has benefited companies in the smart buildings space is the tremendous interest in climate-related real estate technology applied to Building Energy Management, which is the most heavily […]