Funding
Infogrid Company Financials & Acquisition of Buildings IOT Examined
August 23rd, 2024Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud
June 18th, 2024Funding for Physical Security Startups 2023 / 24
Over $5.5 billion has been invested in smart building startups since the beginning of 2023, that’s according to data from our latest research, which reveals key data on 284 funding rounds. Over $2 billion of that was invested in the first four months of 2024, according to our data. The outlook for investment and alliances […]
Energy Management Startups Dominate Funding in 2023-24
Our new research reveals key data on 284 funding rounds for startups, amounting to around $5.5 billion across the smart buildings sector in the 16 months since January 2023. And, with over $2 billion already invested in the first four months of 2024, we believe that the outlook for investment and alliances with new entrants […]
$5.5 Billion Invested in Smart Building Startups Since January 2023
The global smart buildings landscape is heavily populated with new entrants, according to our new research, which identified 1,221 startups founded in the last ten years that serve the management and operations phase of commercial real estate. In total 35% of startups have been acquired since 2013, and 6% are closed or inactive. Funding for […]
Investors Continue Backing of AI Video Surveillance for Safety & Security in 2024
Last week, AI video analytics safety solution provider Intenseye Inc. closed a $64 million in a Series B investment. On the same day, February 27th, another AI video provider, Rhombus, secured over $43 million via funding and financing. The two deals shine a light on an AI segment that is standing out within a steadily […]
Funding for AI HVAC Optimization Startups Continues into 2024
Heating and cooling represents over half of building energy consumption. Therefore, the optimization of heating, ventilation, and air conditioning (HVAC) systems has long been a key component of the smart building vision. While there have been significant efficiency gains from smart technology in recent decades, it has become clear that increased optimization of complex and […]
Investment in the Smart Buildings Space Declined 26% in 2023
This Research Note highlights our analysis of investment levels raised by smart buildings startups and established players in 2023 from venture capital firms, private equity and strategic investors. We review investment in the smart buildings space in the context of the broader proptech sector, assess funding for startup companies, the role of corporate investors and […]
Budderfly Energy Efficiency as a Service Business Examined
In this Research Note, we examine Budderfly, the US Energy Efficiency-as-a-Service (EEaaS) company focused on Small and Medium-sized Enterprises (SMEs) and franchise businesses. This analysis covers their business model, funding, majority ownership, growth and outlook for 2024. Founded in 2007 and headquartered in Shelton, Connecticut, Budderfly implements proprietary energy intelligence software, energy-efficient technology upgrades that […]
The Distributed Energy Management Startup Landscape
Building Energy Management is a broad category encompassing energy management software and hardware, energy efficiency services and sustainability and carbon management solutions for buildings. It also includes the technologies involved in creating grid-interactive buildings, such as demand response, virtual power plants, distributed energy management and behind-the-meter energy storage solutions. Within that space, a software category […]