Series B
75F Light Commercial Building Controls Business Examined
February 10th, 2025UrbanChain Peer-to-Peer Energy Exchange Business Examined
January 16th, 2025
Infogrid Faces Lawsuit over 2022 Acquisition of Aquicore
Established in 2018, UK-based smart building firm Infogrid quickly made a splash in the market, picking up a range of high-value customers including banks, supermarkets, and restaurant chains, as well as the UK’s National Health Service (NHS) during the peak of the global pandemic. The firm has attracted $135.5m in investment (including debt financing) from […]
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 […]
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 […]
Water Management Maintains a Steady Flow of Funding
While energy management gets the majority of attention in the building operations space, water is also a fundamental resource for facilities that require advanced management for efficiency and sustainability measures. However, the wide availability and low cost of water has held back the development of water management in buildings, both from a facility management and […]
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 […]
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 […]
Aledia LED attracts IKEA among others in $31m Series B financing
Aledia, a developer and manufacturer of 3D LEDs based on its Gallium-Nitride-on-Silicon platform, recently announced the closing of its Series B financing round and the execution of development and supply contracts with major LED buyers. IKEA GreenTech, the venture capital arm of IKEA, and the Ecotechnologies fund of Bpifrance, the French national industrial bank, were […]