Smart Buildings

Q3 Funding in the Global Smart Buildings Space Continues Unabated

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori Predictions of a pandemic-triggered slowdown in funding for the smart buildings space have proved to be unfounded. Q3-2020 has seen a 32% increase in the number of funding rounds and a 69% increase in dollar values, compared to Q3-2019. Memoori’s definition of investments in the smart buildings space includes venture capital funding, private equity and strategic investments in technologies for commercial and industrial real estate, smart homes and building-related solutions for smart cities. Funding for both established players and startups is included. We have identified 99 funding rounds in Q3-2020, up 2% on deal count for Q2-2020. Investment $ values amounted to $3.58 billion for the quarter; this is an exceptionally high total due to one debt financing round of €1.85 Billion. Investment in startups has accelerated around the world in a number of key areas which address pandemic-focused building technologies. Solutions such […]

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