Smart Buildings

Smart Building Startups Continue to Attract High Levels of Funding in Q2

This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori. According to our ongoing research, investments in the Smart Buildings space, continued to attract higher levels of funding in Q2 2019. By the end of June, Memoori recorded 74 funding rounds amounting to $745.25 million in disclosed deal values. 15 transactions had undisclosed deal values this quarter. In comparison, 81 rounds were recorded in Q2-2018, amounting to $618.05 million in disclosed deals; 18 transactions did not disclose the deal value. Startups addressing commercial and industrial buildings accounted for 74% of Q2 funding rounds, while 22% of the deals related to the smart home. Growth equity investments accounted for 3 deals and 1 IPO was recorded. This article provides a snapshot of some of the notable investments during this period in three sectors - IoT, energy efficiency-as-a-service and workplace management platforms. IoT in Buildings investments include software solutions, enablement hardware such as sensors, […]

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