This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. Funding in the Smart Buildings sector is at an all-time high as H1 2021 deal values of over $5.1B surpassed the previous record by over 5% compared with H2 2018 ($4.9B) and by over 14% in H2 2020 ($4.5B). In terms of the number of transactions, Memoori recorded 170 funding rounds, a decrease of around 12% from H2 2020, when over 190 deals were identified. Although the number of deals decreased, we are seeing an increase in US dollar values across all types of funding. Seed funding, Series A to E rounds and growth capital all attracted higher levels of investment in the sector. The Proptech segment attracted over 30% of funding rounds this half year. The Memoori “proptech” definition focuses on real estate technology which addresses the management and operational phase of the commercial and industrial building lifecycle across ten technology areas. It therefore excludes technology for the […]