IPO
Another Failed PropTech SPAC: Enocean Terminates Merger Agreement with Parabellum
May 8th, 2023Gorilla Technology Video Surveillance Business & 2022 Financials Examined
May 4th, 2023
Matterport Digital Twin Business and 2022 Financials Examined
In this Research Note, we examine Matterport, the U.S. digital twin business, based on 2022 financial results, investor presentations, 10K Annual Report and recent press releases. Since its founding in 2011, Matterport, headquartered in Sunnyvale, California, has been a first mover in digitizing, accessing and managing buildings, spaces and places online, with their 3D capture […]
Smart Building SPAC Trend Continues with Hybrid Work Play CXApp
Since 2019 the business world has been inundated with high-profile SPAC deals. And while we have certainly seen a slowdown in SPAC deals in recent months, the SPAC trend is by no means over. In the smart building industry, a new SPAC was completed this month, as workplace experience platform provider CXApp completed a business […]
The Rise & Fall of Energy Management Software Firm, BuildingIQ
Over the last three years, BuildingIQ has had a turbulent time, which came to a head in September 2022, when it was delisted from the Australian Stock Exchange. At its peak in FY 2018, BuildingIQ reported around USD $5 million in revenues for its energy management software deployed in 1,265 buildings. BuildingIQ offered a BIoT cloud-based […]
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 […]
Airthings Commercial Building Business Examined
Airthings is a Norwegian tech company focused on air quality sensing that is making a name for itself on a global stage. Recent deals with the likes of Carrier, Walmart, and Home Depot have bolstered hardware sales channels, while newer SaaS approaches are improving their results. However, the past year has had its challenges as […]
3 Things We Learned About Smart Building SPACs in 2022
2021 was the “Year of the #SmartBuilding SPAC” when 9 companies completed a business combination. So what does that make 2022? We have analysed 17 companies, that fit our definition of a PropTech business, to determine what their financial performance looked like in 2022 and what we might expect to happen in 2023 and beyond. […]
2 New Nordic Nasdaq Listings Signal Growth in PropTech Market
Two Swedish proptech companies have recently listed on the Nasdaq Nordic First North Growth Market. The exchange represents a strong growth opportunity for smart building companies to step up to the world stage. On December 1st 2022, Stockholm-based smart workplace solution provider Flowscape, started trading on the Nasdaq Nordic stock exchange under the short name […]
Mapping View Inc.’s Smart Building Strategy
View is one of the most well-known brands in the area of dynamic glass and smart windows, which are becoming an increasingly common element in smart buildings. As a start-up, View rose to unicorn status in 2018 with support from a range of top investment funds and it was one of the first smart building […]
Next Page