It has been a busy couple of weeks for funding in the smart technology space with the launch of a major new venture capital fund and multiple investments reinforcing the continually increasing smart technology start-up trend. The first week of June saw the launch of Microsoft Ventures. The tech giant unveiled its official VC arm over Memorial Day weekend in the US, setting out a plan to make early-stage investments in businesses developing technology that could augment Microsoft's core products. “In Microsoft’s history of engaging with and supporting start-ups, we’ve done a lot of investing, but not a lot of early stage. Because we would often invest alongside commercial deals, we were not a part of the early industry conversations on disruptive technology trends. With a formalised venture fund, Microsoft now has a seat at the table”, said Nagraj Kashyap, Corporate Vice President of Microsoft Ventures. Kashyap arrived at Microsoft from semiconductor firm Qualcomm, where […]
The vast majority of buildings are small and not very smart, and it is their small size that limits their “intelligence” by restricting their access to smart building technology. A staggering 94% of US office space is housed in properties under 50,000 square feet, according to the latest data from Energy Star, and that proportion is […]
The destructive relationship between fire and buildings is as old as the history of buildings themselves. Fire protection has been a key reason for the development of new materials, construction methods, and safety protocols since the earliest buildings and each major fire acts as a trigger for innovation and regulation. The response to the Great Fire […]
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 […]
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