Funding
The Distributed Energy Management Startup Landscape
September 21st, 2023Edge-to-Cloud Platforms for Smart Buildings Gain Investment
September 18th, 2023
UrbanVolt Enables SME Market to Benefit from Energy Efficiency-as-a-Service
In this Research Note, we examine UrbanVolt, a clean energy partner for small to medium-sized commercial and industrial businesses that specialises in the provision of energy-efficient lighting and solar panels, without the burden of upfront costs. Founded in 2015 in Dublin, Irish Republic, UrbanVolt gained an early foothold in the LED Lighting-as-a-Service sector. Instead of […]

The Renewable Energy Management Startup Landscape
If our buildings were 100% powered by renewable energy then there would be no reason for energy efficiency, BUT achieving 100% renewable energy-powered buildings will be easier if those buildings are energy efficient. These are the two sides of the sustainability discussion around building operations but, more often than not, energy efficiency takes center stage […]

Water Management Maintains a Steady Flow of Funding
While energy management gets the majority of attention in the building operations space, water is also a fundamental resource for facilities that require advanced management for efficiency and sustainability measures. However, the wide availability and low cost of water has held back the development of water management in buildings, both from a facility management and […]

US Smart Lighting Solution Provider Igor Tech Closes Down
This Research Note examines the closure of Igor Inc, the smart lighting solution provider. Founded in 2013, West Des Moines, Iowa-based Igor Inc., was the provider of Nexos, a Power-over-Ethernet (PoE) based IoT smart building platform that incorporated hardware, software and cloud analytics to enable smart buildings. The platform was positioned to enable non-electricians to […]

Live Stream: The Smart Building Startup Landscape 2023!
Join us on Tuesday 28th February at 1400 Paris | 1300 London | 0800 New York | 1700 Dubai for a FREE 30-minute Live Stream discussing the Smart Building Startup Landscape in 2023! The Recording of this Live Stream is now available! Click Here. Around 1,266 startups are active in the management and operations phase […]

Funding for Smart Building Startups Reached $5.9 Billion in 2022
Our new research delves into the investment from venture capital, private equity and corporate backers for smart building startups. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the focus of this report) it reached unprecedented levels with $5.9 […]

Funding in the Smart Buildings Space Declined 11% in 2022
This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]

Funding and Investments in the Smart Buildings Space Q2 2022
This Research Note highlights our analysis of investments in the smart buildings space in the second quarter of 2022. We review the number of rounds and values compared with Q1, the technology areas attracting investment and highlight 14 funding rounds we consider worth mentioning. Memoori has tracked 85 funding rounds amounting to almost $2.3 billion across the smart […]