Seed Funding
Consolidation in the Workplace Experience Market as Witco Acquires SharingCloud
June 18th, 2024Energy Management Startups Dominate Funding in 2023-24
May 29th, 2024MapMortar Examined: The Google Maps for Zero Carbon Building Retrofits
This Research Note examines an early-stage UK startup, MapMortar which has developed a retrofit twin platform designed to help large commercial real estate portfolio owners and asset managers model and simulate portfolio decarbonization to plan, manage, and execute retrofitting at scale. Founded in 2022 as Mortar.io, the startup changed its name to MapMortar, headquartered in […]
Neuron Digital Gains Momentum in Meeting Hong Kong’s Building Digitalization Demand
In this Research Note, we explore one of China’s emerging startups in the smart buildings space. Incubated by Arup and with seed investment from Venturous Group, Neuron Digital is gaining momentum as it meets Hong Kong’s demand for building digitalization. Neuron Digital Established Neuron Digital is a joint venture between Arup, a leading built environment […]
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 […]
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 […]
The Renewable Energy Management Startup Landscape
If our buildings were 100% powered by renewable energy then there would be no reason for energy efficiency, BUT achieving 100% renewable energy-powered buildings will be easier if those buildings are energy efficient. These are the two sides of the sustainability discussion around building operations but, more often than not, energy efficiency takes center stage […]
Enerbrain Smart Buildings Business and Financials Examined
In this Research Note, we examine Enerbrain Srl, the Italian startup offering energy retrofit solutions for large buildings. This analysis covers their 2021 financial performance, stakeholders, funding and recent projects. This article, part of a series covering the activities of new entrants such as Haltian, Nuuka Solutions, Spica Technologies and Flowscape updates the information in our 2021 Startups Report and our 2022 Digital Workplace Report. Founded in 2015 […]
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. […]