VC Investment
Investors Continue Backing of AI Video Surveillance for Safety & Security in 2024
March 5th, 2024Investment in the Smart Buildings Space Declined 26% in 2023
January 11th, 2024
Budderfly Energy Efficiency as a Service Business Examined
In this Research Note, we examine Budderfly, the US Energy Efficiency-as-a-Service (EEaaS) company focused on Small and Medium-sized Enterprises (SMEs) and franchise businesses. This analysis covers their business model, funding, majority ownership, growth and outlook for 2024. Founded in 2007 and headquartered in Shelton, Connecticut, Budderfly implements proprietary energy intelligence software, energy-efficient technology upgrades that […]
Clockworks Analytics Fault Detection and Diagnostics Business Examined
In this Research Note, we examine Clockworks Analytics, the US provider of building analytics software. This article covers the development and growth of the company, channel partnerships and funding rounds through to Series E in August 2023, supported by Schneider Electric, their long-standing strategic investor and partner. Formerly known as KGS Buildings, the company was […]
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 […]
US Smart Lighting Solution Provider Igor Tech Closes Down
This Research Note examines the closure of Igor Inc, the smart lighting solution provider. Founded in 2013, West Des Moines, Iowa-based Igor Inc., was the provider of Nexos, a Power-over-Ethernet (PoE) based IoT smart building platform that incorporated hardware, software and cloud analytics to enable smart buildings. The platform was positioned to enable non-electricians to […]
HVAC Optimization Technology Proves its Energy Efficiency Potential in Commercial Buildings
This Research Note examines several providers of HVAC optimization software for commercial building operations – in particular, Optimum Energy, Brainbox AI, Grid Edge and aedifion – as their potential for energy efficiency, sustainability and reduction in carbon emissions in heating and cooling systems becomes a more urgent priority. Optimum Energy The acquisition and growth capital […]
Venture Capital & Private Equity Funding Drives Growth in Occupancy Analytics
Venture capital funding in the occupancy analytics market reached record-breaking highs in 2021, signifying a vibrant and active market environment, according to our latest research. Workplace technology, in particular, made up a substantial portion of overall transactions in the smart buildings space in 2021 and 2022, indicating a thriving workplace technology market, one that has […]
Live Stream: The Smart Building Startup Landscape 2023!
Join us on Tuesday 28th February at 1400 Paris | 1300 London | 0800 New York | 1700 Dubai for a FREE 30-minute Live Stream discussing the Smart Building Startup Landscape in 2023! The Recording of this Live Stream is now available! Click Here. Around 1,266 startups are active in the management and operations phase […]
Funding for Smart Building Startups Reached $5.9 Billion in 2022
Our new research delves into the investment from venture capital, private equity and corporate backers for smart building startups. Since 2015, total capital invested in startups in the global smart building space amounted to over $31 Billion. In the last 2 years (which are the focus of this report) it reached unprecedented levels with $5.9 […]
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