PropTech
Meteoviva Sustainable Buildings Business Examined
September 12th, 2022Kterio Smart Building Analytics Business Examined
September 5th, 2022
Irisity Video Analytics Business and Financials Examined
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis is based on their 2021 Annual Report, investor presentations, acquisitions and growth strategy. Irisity AB is a public company listed on Nasdaq First North Growth Market. Founded in 2006, the company serves customers in more than 90 countries with headquarters in Gothenburg, Sweden […]

Skyfii Occupancy Analytics Business and FY2022 Financials Examined
In this Research Note, we examine Skyfii, a Sydney-based Australian public company providing crowd analytics and occupancy management solutions to public venues and commercial properties. This analysis covers their latest financial results y/e 30 June 2022, vertical market focus, acquisitions and growth strategies. Skyfii completed an IPO (ASX: SKF) on the Australian Stock Exchange in 2014. The company positions itself as […]

SPACS: The 800-pound Gorilla in the PropTech Room
In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

#Podcast 13: I Wish My Building… Didn’t Have a Crap User Experience!
In our Podcast series “Sh*t You Wish Your Building Did!”, Memoori explores the intersection between technology and commercial real estate through interesting conversations. Commercial Buildings are terrible at User Experience. Fact. How do we fix that? Memoori sat down with Kim Feenstra Kuiper, Senior User Researcher at GoodNotes App about the process of designing user-centric software […]

European IoT-Enabled Elevator Maintenance Startups Examined
In this Research Note, we examine several of the European startup firms addressing elevator maintenance solutions and services. This analysis covers the business models, stakeholders, funding and acquisitions of WeMaintain, Digital Spine and Uptime, accompanied by Memoori’s own assessment of these startups. The lift and escalator industry has been shaped by a small number of […]

Leading Building Automation Players Invest in Occupancy Analytics
In this Research Note, we examine two strategic investments in workplace occupancy sensing and analytics platforms by leading building automation incumbent players, Carrier Global Corporation and Johnson Controls. Sensors and sensing platforms in the commercial office space are technology solutions being adopted for occupancy analytics, people counting and location services. As a result of the adoption of revised working […]

A Token Financing Option or the Future of Real Estate Development?
Earlier this month, Building 4 of the Upper Riverside Development in London’s Greenwich Peninsula district became the first real estate project in the city to be tokenized. Through the division of the building into digital tokens and the sale of those tokens, the Hong Kong based developer Knight Dragon expects to raise $1.67 million (£1.4 […]

Mergers and Acquisitions in the Smart Buildings Space Q2 2022
This research note highlights our analysis of mergers and acquisitions in the second quarter of 2022, based on our database of relevant deals in the smart buildings space. We review the technology areas attracting acquirers, the notable acquisitions during the quarter and the consolidation of startup firms. It is our second article in a series analysing […]