Funding in the Smart Buildings sector is at an all-time high as over $13 billion was invested in 2021. This Research Note highlights our analysis of this unprecedented level of funding for smart building startups and established players. This past year has seen a 55% increase in investment values surpassing the previous annual record of $.8.5 billion in 2018. In line with our half-year 2021 analysis, when we reported $5.1 billion in investment, proptech solutions with technology addressing the management and operational phase of the commercial building lifecycle attracted significant backing. The second half of the year gained momentum accounting for over 60% of the investments in the smart building sector. In terms of the number of transactions, Memoori recorded 372 funding rounds, a decrease of around 7% from 2020, when 401 deals were identified. Although the number of deals decreased, we are seeing an increase in US dollar values across all types of funding – seed rounds, Series A to E […]