Smart buildings
Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 1
January 17th, 2023Webinar: What Customers REALLY Want from a Smart Building!
January 16th, 2023
Net Zero Buildings Explored: Boston University
“A Jenga tower… a stack of books… a game of Tetris…” are some of the reactions to the look of the latest addition to Boston’s skyline, but this oddly shaped building is hiding a range of smart, efficient, and sustainable elements that have allowed it to achieve its Net Zero buildings status. Opening to students […]
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 […]
Midea Commercial Building Technologies Business Examined
In this research note, we examine the Chinese global company Midea Group Co Ltd, established as an electric fan manufacturer in 1968, the firm rose to prominence as an air conditioning producer in the 1980s. While it is still best known for its HVAC equipment business, Midea has become a diverse and recognised player across […]
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 […]
Restructuring and Redundancies at Infogrid
In an undated blog published just before the December holiday break, Infogrid announced a restructuring, making a significant number of roles redundant in the process. The letter from Infogrid founder and CEO, William Cowell de Gruchy written to his team members confirms that the company would be “saying goodbye to a significant number of passionate […]
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. […]
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 […]
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