StartUp
More Consolidation in Workplace Technology as HubStar Acquires Relogix
January 25th, 2024Security Applications Drive Growth for Indoor Mapping Market
January 24th, 2024Investment 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 […]
10 Notable Strategic Investments in the Smart Buildings Space in 2023
This Research Note reviews strategic investments in the smart buildings space over the last 12 months. A diverse range of corporate stakeholders – commercial real estate service firms, building owners and operators, vendors of building automation systems and HVAC equipment firms – have continued to fund startups with innovative technology platforms and business models. Investments […]
What’s Behind Schneider Electric’s Move to Divest AutoGrid to Uplight?
This Research Note looks at what’s behind Schneider Electric’s latest move to divest AutoGrid to Uplight, the Boulder, Colorado-based utility software company. We review the history and assess the current state of play behind the transaction. In December 2023, Uplight announced an agreement to acquire AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource […]
Beyond the Hype: Assessing What We Know About the PassiveLogic Ecosystem, So Far
Many startups set out hoping to change the game, to put a “dent in the universe” but the reality is that few get close. The odds of “success” if you are funded by a top VC are something like 0.05%. Even “success” doesn’t mean you change the game. Salt Lake City-based startup PassiveLogic is being […]
How have Tech Job Losses Impacted the Smart Buildings Space? Part 2: Workplace Tech
In this Research Note, we examine trends in job losses in the smart buildings startup space. Part 1 of this series covering job losses in the Building IoT and digital twin platforms sector, can be found here. This Part 2 analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation […]
How have Tech Job Losses Impacted the Smart Buildings Space? Part 1: BIoT Platforms
In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT […]
2 European Startups Targeting Self-Learning Thermostats for Light Commercial Buildings
This Research Note examines 2 European startups targeting smarter self-learning thermostat hardware and software solutions for light commercial and public buildings: vilisto based in Hamburg, Germany and viboo based in Zurich, Switzerland. Vilisto Thermostats Vilisto GmbH, founded in 2016, is the manufacturer of self-learning radiator thermostats for office buildings. The company’s offering focuses on a […]
Going Up! Tracking the Rise of the Smart Elevator Market
Tall buildings are only possible with elevator technology and as our built environment continues to get taller and smarter, the elevator industry is beginning to find new roles to support occupants and facilities managers. In a market that hardly changed for decades, a new wave of startups has redefined what a smart elevator is, forcing […]