This Research Note highlights our analysis of investments in the smart buildings space in the first quarter of 2022. We review how funding levels are faring compared with last year’s record of over $13 billion invested. Memoori has tracked 85 funding rounds amounting to over $3.5 billion across the smart buildings space in Q1 2022. Note that our analysis includes seed through growth-stage funding by venture capital firms, private equity and strategic investors in smart building, smart home and proptech solutions which address the management and operational phase of the building lifecycle and this definition therefore excludes technology investment for the design, construction, purchase, financing, leasing, and sale of real estate. Altogether, investor funding in the first quarter of 2022 declined 21% versus Q4 2021. However, the total is still historically high – up 95% on Q1 2021 and the third-biggest quarter on record after Q2 and Q4 in 2021. In terms of the number of funding rounds, Memoori recorded a decrease of 15% […]