This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. This article provides a snapshot of some of the notable investments in the smart buildings space in the third quarter of 2019. As part of our ongoing deal tracking service, Memoori recorded 61 funding rounds amounting to around $2 billion in disclosed deal values. In comparison, 74 rounds were recorded in Q2-2019, amounting to $745 million in disclosed deals. Despite a drop in the number of funding rounds, there was a 177% increase in dollar values in Q3, which can be attributed to significant investments by US private equity firms, Chinese conglomerates and several IPOs. IoT Investments Focus on Diverse Approaches to Energy Efficiency Optimization & Decarbonization Two diverse approaches to energy efficiency optimization and decarbonization, through leveraging IoT in buildings, gained significant backing this quarter. A US and India based startup, 75F attracted some prestigious investors in September, with Bill Gates, Jeff […]