Funding
Live Stream: The Smart Building Startup Landscape 2023!
February 21st, 2023Funding for Smart Building Startups Reached $5.9 Billion in 2022
January 26th, 2023
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 […]

Smart Building Q1 Venture Funding Declined 21% but still the 3rd Largest Quarter on Record!
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 […]

Over $13 Billion Invested in Smart Building Technology in 2021!
Funding in the Smart Buildings sector is at an all-time high as over $13 billion was invested in 2021. This Research Note highlights our analysis of this unprecedented level of funding for smart building startups and established players. This past year has seen a 55% increase in investment values surpassing the previous annual record of $.8.5 billion in 2018. […]

$180m Flows into Occupancy Analytics Companies as Market Anoints its First Unicorn
In the space of three days this week, two already well-funded Occupancy Analytics companies closed Series C and D rounds, underscoring (in case anyone was in doubt) investor confidence in the move to hybrid working driving demand for digital workplaces. On Monday, California-based Vergesense announced that it had closed a $60m Series C round led […]

2 Workplace Experience Deals in 1 Day Signals Growing Competition for Dominance
The recent acquisitions of Office App and Lane by HqO and VTS respectively, both announced on 19thOctober, are the latest indication that well-funded workplace experience app suppliers are seeking to gain dominance. The market is still fragmented given the number of players – over 100 suppliers globally, according to our Workplace Experience Apps report. HqO, a […]

Massive Funding Rounds Flow into the Video Surveillance Market
Our smart buildings and smart cities are now being designed to sense and understand the world around them much like humans do. Networks of sensors hear via microphones in voice control, smell via air quality or gas monitors and feel via temperature, humidity, or pressure sensors. However, like in humans, sight is generally accepted as […]

Record Funding in Smart Buildings Sector with $5.1 Bn Invested in H1 2021
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 […]