VC Investment

This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 1 of a 2-part analysis, is intended […]

In this Research Note, we examine Kterio, the US, UK and Netherlands-based building intelligence SaaS company. This analysis covers their stakeholders, funding, vertical markets and partnerships. This article is part of a series covering the activities of startups such as Haltian, Nuuka Solutions, Spica Technologies and Flowscape. Founded in 2020 as MarketBridge-ISS (MBISS), the company offers solutions to manage, analyze and optimize any size commercial […]

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 […]

This Research Note highlights our analysis of investments in the smart buildings space in the second quarter of 2022. We review the number of rounds and values compared with Q1, the technology areas attracting investment and highlight 14 funding rounds we consider worth mentioning. Memoori has tracked 85 funding rounds amounting to almost $2.3 billion across the smart […]

JCI Ventures, the corporate venture capital arm of Johnson Controls, led a $2 million investment in Artisight on 30th April 2022, according to PitchBook. Based in Glenview, Illinois, USA, formerly known as Whiteboard Coordinator, Artisight positions itself as a provider of “the operating system for smart hospitals”. The Artisight name reflects the company’s goal of providing a digital sixth sense — […]

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 […]

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

In this Research Note, we examine Haltian, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis covers their 2021 financial performance, stakeholders and funding, vertical market strategy, partnerships and recent projects. This article, part of a series covering the activities of new entrants such as Nuuka Solutions, Spica Technologies, Flowscape, Uptick and PlanRadar, updates the information […]