Smart Buildings

No Slowdown in PropTech Startup Investment in 2020 Despite COVID-19

Our new report on the Smart Building Startup landscape has identified 665 private companies founded between 2011 and 2020 in the smart buildings sector. This number has increased 38% in two years. There was no slowdown in the number of Startups receiving investment last year despite the COVID-19 global pandemic and ensuing recession. Indeed, investment in startups has accelerated in a number of key areas which address building technologies mitigating the spread of coronavirus throughout commercial real estate. The research demonstrates the critical contribution that Startups are making to the introduction of innovation in the Smart Buildings & PropTech space. Our analysis of venture capital and private equity funding has recorded the highest level of investment in startups over the last 4 years. Total capital invested in the global smart building space since 2012 amounts to $18.8 billion. 136 startups have been acquired in the last three years, which is the highest level of consolidation […]

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75F Acquired by Carrier Global
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75F Acquisition Examined: 3 Reasons Carrier Made This Deal

This Research Note examines the announcement on 23rd July 2026 that Carrier Global has acquired 75F, a Minnesota-based provider of IoT building management systems.  We draw on our previous coverage of 75F in February 2025 and our analysis of Carrier’s digital buildings and AI strategy in our 2026 Startups and AI Reports. Strategic Rationale of […]

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