PropTech
The Top 20 Smart Building Startups by Total Funding
February 8th, 2023Startup Acquisition Activity Remains Resilient in the Smart Buildings Space
February 2nd, 2023
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 […]

Recording: What Customers REALLY Want from a Smart Building!
Here is the Video Recording from our 1st Free Webinar of the 2022 Smart Building Series. Don’t forget you can now Subscribe to ALL our Webinars & Podcasts on YouTube! Memoori was joined by Michael Grant from Metrikus to Discuss Why the Smart Building IoT Landscape is Confusing for Customers and How the Market needs to Mature. As debt becomes more expensive […]

Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 2
This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business. We have categorized the various business relationships by technology and investment type over a 3-year period. This article, Part 2 of a 2-part analysis […]

Webinar: What Customers REALLY Want from a Smart Building!
Please join us on Wednesday 25th January at 1700 Paris | 1600 London | 1100 New York | 0800 San Francisco for our 1st FREE Webinar in the 2023 Smart Buildings Series. We will be joined by Michael Grant from Metrikus to Discuss Why the Smart Building IoT Landscape is Confusing for Customers and How the Market […]

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 […]

Will Smart Building Vendor “Restructuring” Continue into 2023?
We have been keeping track of the notable layoffs and bankruptcies in 2022. The table below highlights 15 companies that have cut staff or closed last year. These are certainly not the only companies cutting costs and reducing personnel. However, it is apparent that even though the commercial smart building space has not been immune […]

Digital Twin Startup Willow Lays off 22% of its Workforce Following Recalibration of Strategy
Willow, the Australian provider of digital twin solutions for infrastructure and real estate, lays off 99 staff, 22% of its workforce on 24th December 2022, following a recent recalibration of company strategy. 72 full-time employees as well as 27 contractors have been laid off, with Australian employees reported to account for around 50% of the […]

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. […]