State of the Smart Building Startup Landscape 2024!

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The presentation from our live stream where we shared insights from our new research into the 2024 Smart Building Startup Landscape. Memoori has seen a 33% Decrease in Funding Rounds Compared to the Previous Year. However, with $3.5 Billion invested in 2023 and over $2 Billion already invested in the first 4 months of 2024, the outlook for investment remains positive.

Technology

• COMPLICATED & SUBOPTIMAL TECH
DELIVERY
• ALIGNING INCENTIVES
• TECH LIFECYCLES VS BUILDING
LIFECYCLES
• THE ‘REAL’ MARKET OPPORTUNITY

Published: Q2 2024
M&A, VC Funding & Strategic Investments in
PropTech Startup Companies
Startups in Smart
Buildings 2024
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Live stream with David Blanch from Bitpool where we discussed their approach to leveraging the power of artificial intelligence on building performance software. Regardless of the buzz around generative ai and its impact on smart building technology, without accurate data, its REAL effect will be negligible. The old adage "Garbage In, Garbage Out" remains true! We discussed Bitpools approach to laying data foundations using semantic tagging and ontologies and why that is important before considering layering artificial intelligence on existing applications.

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