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This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Memoori has tracked over 100 emerging players, who are providing physical security solutions tailored to commercial and industrial buildings, out of over 600 smart building startups, according to our recent Startups Report. Since Jan 2018, about 75 new entrants have gained VC investment of over $900 million for physical security solutions in commercial and industrial buildings. Physical security related VC investments in 2018 amounted to around $561 million, a 75% increase in funding levels from the previous year, when $321 million was invested. 2019 looks set to continue the high level of funding experienced in 2018, with $355 million already invested in the sector this year. Corporate venture capital has played a role in funding many of these startups, with strategic investments made by a range of leading players in the physical security, building systems and workplace management sectors. Active corporate investors include […]
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In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
In this Research Note, we examine Bueno Analytics, an Australian startup providing building analytics software supporting decarbonization. We review the firm’s development since its founding, its software suite, key deployments, external funding, and recent growth. Bueno Analytics Profile Founded in 2013 by Leon Wurfel, Built Environment Optimisation Pty Ltd., trading as Bueno Analytics, is headquartered […]
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