Tracxn Research - Smart Cities Report, June 2017

Smart Cities – June 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.
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2

Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 13
Who is Investing 23
Exit Outlook - IPO, Acquisitions 27
Sub Sector Analysis 30
Interesting Companies 44
Useful Links 50
Company List 53
Team 110
3

Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
4
Contents

Sector Overview
Scope of report
Feed Definition:
Companies that provide connected hardware and/or solutions for collecting, transmitting and analyzing city-scale data on
utilities, traffic, environment, etc.
Primary inclusions in this feed:
Providers of sensors and sensor networks, applied to various city parameters and assets (such as air quality, water supply,
traffic, etc.), data platforms for city data (analysis and visualization), renewable energy systems for cities.
Primary exclusions from this feed:
Providers of solutions for smart grids, smart homes and smart buildings, providers of intelligent education and healthcare
solutions for citizens.
The scope of this report includes equity as well as debt funding received by the companies.
Disclaimer: The information and data in the report is based on global developments tracked in the sector till May 22, 2017. This is to categorically state that any events
and relevant developments after the said date will not reflect in the report.
5

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
6
Contents

27
29
37 38
60
52
26
0
14
28
42
56
70
2010 2011 2012 2013 2014 2015 2016
#ofCompanies
YoY – Number of companies founded
7
Sensity Systems Mobix Chip Veniam MIOS Groupe-Mobilitech Remix Soracom NovaSens
Enevo Intent Technologies Dazzletek Thinnect BreezoMeter Concrete Sensors SmartSensor

Large Upcoming Sectors
# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
29 Jan-2013 13
Data Storage, Analysis and Planning >
Analytics Software
$75M spacetimeinsight.com
Space-Time Insight
2008, San Mateo
16 Sep-2012 5
Urban Monitoring & Management >
Environment > Air Quality > Portable
Devices
$7M aernos.com
AerNos
2016, La Jolla
13 Aug-2011 6
Urban Mobility > Traffic Analytics
$22M aldiscorp.com
Aldis
2006, Knoxville
17 May-2010 7
Utilities > Waste Handling
$63M enevo.com
Enevo
2010, Espoo
50 Nov-2009 19
Data Storage, Analysis and Planning >
Data Platforms
$38M flexeye.com
Flexeye
2005, Guildford
11 Sep-2009 8
Sensor-Networking Infrastructure >
LPWA > Provider
$501M sigfox.com
Sigfox
2009, Labege
35 Jan-2008 17
Urban Mobility > Parking
$83M streetline.com
Streetline
2005, San Francisco
49 Jun-2006 18
Energy > Street Lighting
$250M sensity.com
Sensity Systems
2010, Sunnyvale
8

Large Upcoming Sectors
# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
15 Jun-2006 11
Utilities > Water
$50M sensicore.com
Sensicore
2000, Ann Arbor
34 Nov-2004 13
Urban Monitoring & Management > Urban
Mobility > Vehicular Traffic
$232M inrix.com
Inrix
2004, Kirkland
9

Niche Upcoming Sectors
# of Companies
Founded
Average
Age
# of Companies
Funded
Business Model
Total
Funding
Example
3 Aug-2012 3
Environment > Weather
$11M understoryweather.com
Understory, Inc.
2012, Boston
3 Aug-2011 2
Urban Monitoring & Management > Urban
Mobility > Pedestrian Traffic
$8M placemeter.com
Placemeter
2012, New York City
8 Feb-2011 2
Urban Monitoring & Management > End-
to-end Monitoring Solutions
$14M libelium.com
Libelium
2006, Zaragoza
3 Apr-2010 2 Sensor-Networking Infrastructure > WiFi $67M veniam.com
Veniam
2012, Mountain View
4 Jan-2003 2
Sensor-Networking Infrastructure >
Cellular
$212M soracom.jp
Soracom
2015, Tokyo
10

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
11
Contents

YoY – Number of Rounds and Total Funding
$115M
$172M
$78M
$144M $137M $136M
$191M
$312M
$467M
11
12
20 19
23
30
39
54
49
0
12
24
36
48
60
0
100
200
300
400
500
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofRounds
FundingAmountin($M)
13

YoY – Number of Rounds by Stage
4
8
16 16
21
1910
12
10
15
27
24
4
1
4
5
5
4
0
12
24
36
48
60
2011 2012 2013 2014 2015 2016
#ofRounds
Seed Early Late
14

YoY – Funding by Stage
$0M $5M $7M
$13M $10M $14M
$65M
$86M
$36M
$96M
$127M
$99M
$53M $12M
$88M
$80M
$164M
$191M
0
70
140
210
280
350
2011 2012 2013 2014 2015 2016
TotalFundingin($M)
Seed Early Late
15

Average Ticket Size – Early Stage
$0.1M
$0.7M $0.6M
$1.3M
$0.7M
$1.6M
$5.7M
$3.4M
$5.4M
$4.6M
$6.7M
$4.0M
$11.3M
$18.0M
$3.5M
$20.4M
$13.7M
$12.2M
0.0
5.0
10.0
15.0
20.0
25.0
2011 2012 2013 2014 2015 2016
FundingAmountin($M)
Seed Series A Series B
16

Company
Funding
Amount
Round
Name
Date Investors
sigfox.com
Sigfox
(Labege, 2009)
$160M Series E Nov-2016
Alto Invest, Bpifrance, Air Liquide, Intel Capital, Elliott Management, IXO
Private Equity, Total, Idinvest Partners, Tamer Group, swen-cp.fr, Salesforce
soracom.jp
Soracom
(Tokyo, 2015)
$22M Series B May-2016 World Innovation Lab, Infinity Ventures
sigfox.com
Sigfox
(Labege, 2009)
$16M Series E Mar-2017 IFC
spacetimeinsight.com
Space-Time Insight
(San Mateo, 2008)
$13M Series D Sep-2016
remix.com
Remix
(San Francisco, 2014)
$10M Series A May-2017 Sequoia Capital
soracom.jp
Soracom
(Tokyo, 2015)
$6M Series B Jun-2016 Pavilion Capital Partners
greenbird.com
Greenbird
(Oslo, 2010)
$5M Series A Nov-2016 Statkraft Ventures, ETF Partners
plumelabs.com
Plume Labs
(Paris, 2014)
$5M Seed Dec-2016
17
Top investments in last one year

Company
Funding
Amount
Round
Name
Date Investors
breezometer.com
BreezoMeter
(Haifa, 2014)
$3M Series A Dec-2016 Entree Capital, Phi Square Holdings, Launchpad Digital Health, SeedIL
soofa.co
Soofa
(Cambridge, 2014)
$2M Series A Apr-2017
clarity.io
Clarity
(Berkeley, 2014)
$2M Series A Aug-2016
concretesensors.com
Concrete Sensors
(Boston, 2015)
$2M Seed Jul-2016
thinnect.com
Thinnect
(Tallinn, 2013)
$2M Seed May-2017 Band of Angels
whereismytransport.com
WhereIsMyTransport
(Cape Town, 2008)
$2M Seed Aug-2016 Horizons Ventures, Goodwell, Omidyar Network
energyworx.com
Energyworx
(Amsterdam, 2012)
$1M Series A Jul-2016 henQ
nupark.com
NuPark
(Austin, 2012)
$1M Seed Oct-2016 Techstars, Lubbock Angel Network
18

Company
Funding
Amount
Round
Name
Date Investors
connectedsignals.com
Connected Signals
(Eugene, 2010)
$992K Seed Aug-2016
streetscan.com
StreetScan
(Boston, 2015)
$880K Seed Dec-2016
seesense.cc
See.Sense
(Newtownards, 2013)
$712K
Equity
Crowdfunding
Jul-2016
gaiasmartcities.com
Gaia Smart Cities
(Mumbai, 2015)
$300K Angel Aug-2016
nova-sens.com
NovaSens
(Hod Hasharon, 2016)
$200K Seed Jan-2017 Tritech
cty.io
CTY
(St. Louis, 2014)
$60K Seed Jun-2016 URBAN-X
ambiencedata.com
AmbienceData
(Toronto, 2014)
Seed Mar-2017 500 Startups
cty.io
CTY
(St. Louis, 2014)
Seed May-2016 SOSV
19

Company
Funding
Amount
Round
Name
Date Investors
energyworx.com
Energyworx
(Amsterdam, 2012)
Series A Oct-2016 SET Ventures
faclon.com
Faclon
(Mumbai, 2015)
Seed Oct-2016 THINQBATE
greenvs.com
Green Vision Systems
(Tel Aviv, 1996)
PE Oct-2016
hal24k.com
HAL24K
(Amsterdam, 2014)
Seed Jun-2016 VINCI Energies
gomultitude.com
Multitude
(Oakland, 2014)
Seed May-2016 Alchemist Accelerator
smartiscity.eu
SmartIS City
(Ljubljana, 2016)
Seed Jun-2016 ABC Accelerator
ui.city
The Urban Institute
(Chemnitz, 2013)
Series A Jan-2017 Continental Information Systs
tvilight.com
Tvilight
(Groningen, 2011)
Series A Nov-2016 Osram, Ponooc
20

Funnel view of Sector
Percent of
Previous
44%
39%
40%
29
19
29
72
186
426
0 90 180 270 360 450
M&A & IPO
Late
Series B
Series A
Funded
Founded
# of Companies
21

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
22
Contents

Most Active Investors in Sector
5
4 4 4 4
3 3 3 3 3
0
1
2
4
5
6
Cisco
Investments
Climate-KIC Plug and Play
Tech Center
Siparex XAnge 500 Startups Caixa Capital
Risc
High-Tech
Grunderfonds
Intel Capital Momenta
Partners
TotalNumberofCompanies
23
Veniam Plume Labs Streetline Connecthings Connecthings CTY Enefgy Cuculus Sigfox Parquery
Sensity
Systems
Smarter
BetterCities
BreezoMeter
Intent
Technologies
Intent
Technologies
Ingu Solutions trafficnow enOware Inrix
NWave
Technologies

Where are Top Investors investing
Cisco
Investments
Climate-KIC
Plug and
Play Tech
Center
Siparex XAnge 500 Startups
Caixa Capital
Risc
High-Tech
Grunderfonds
Intel
Capital
Momenta
Partners
Sensor-
Networking
Infrastructure
Veniam Thinnect Sigfox
NWave
Technologies
Urban
Monitoring &
Management
Sensity
Systems, Cohda
Wireless,
Worldsensing
Plume Labs,
Sense4Green
Streetline,
BreezoMeter,
Aquadation
MIOS Groupe-
Mobilitech,
Sensorberg
MIOS Groupe-
Mobilitech,
Sensorberg
CTY, Ingu
Solutions,
AmbienceData
Enefgy,
trafficnow,
Urbiotica
Cuculus,
enOware, ICE
Gateway
Inrix, Borqs
Parquery,
Embedor
Technologies
Data Storage,
Analysis and
Planning
SmarterBetter
Cities,
ElectricFeel
Connecthings,
Intent
Technologies
Connecthings,
Intent
Technologies
24

Top Investor by Stage of Entry
Cisco Investments 3
Endeavor 2
Fundacion Jose Manuel
Entrecanales
2
Intel Capital 2
Kibo Ventures 2
Mitsui 2
Ardesta
August Capital
Bain Capital Ventures
BlueRun Ventures
Intel Capital 2
KPCB 2
Acuity Brands
Air Liquide
Alto Invest
Altshuler Shaham Group
Amundi
Ardesta
August Capital
BIP Investment Partners
Seed Series A Series B Later Stage
Sodero Gestion 2
True Ventures 2
4490 Ventures
Alter Equity
Angel CoFund
Ardesta
Aster Capital
August Capital
BNP Paribas Private Equity
Battelle Ventures
500 Startups 2
Plug and Play Tech Center 2
Techstars 2
Y Combinator 2
ABC Accelerator
Accelerator Centre
Alchemist Accelerator
AllMobile
Amicus Capital
Andreessen Horowitz
25

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
26
Contents

Date Company Acquirer
Deal
size
Overview
Total
Funding
Dec-2016 placemeter.com
Placemeter
(New York City, 2012)
arlo.com
Platform that senses and unlocks data about activity in
physical places
NEA, Qualcomm Ventures, TriplePoint Capital, Techstars,
Correlation Ventures, Kima Ventures, Collaborative Fund,
FundersClub, blisce, Scrum Ventures
$7.8M
Nov-2016 lqdwifi.com
LQD WiFi
(New York City, 2014)
verizon.com
Develops urban hubs for public spaces
$1.7M
Oct-2016 sagemcom.com
Sagemcom
(Rueil-malmaison, 2008)
charterhouse.
co.uk
$449M
Provides communications and energy metering solutions
The Carlyle Group
Funded
Sep-2016 urbanengines.com
Urban Engines
(Los Altos, 2012)
google.com
Traffic congestion analysis and reduction
Greylock Partners, Andreessen Horowitz, SV Angel, GV,
Sherpalo Ventures, Samsung Venture Investment
Funded
Sep-2016 sensity.com
Sensity Systems
(Sunnyvale, 2010)
verizon.com
Light sensory network solutions
Mohr Davidow Ventures, Northgate Capital, Silver Creek
Ventures, Almaz Capital, Acuity Brands, ATEL Capital Group,
Trinity Capital Investment, Cisco Investments, GE Ventures,
Simon Venture Group
$74M
May-2016 smartbin.com
Smart Bin
(Swords, 2003)
oneplussystems.
com
Intelligent waste monitoring
AIB Seed Capital Fund
Funded
27
Major Acquisitions in last one year

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
28
Contents

May 2017Tracxn BlueBox : Smart Cities
Cumulative funding in the sector
~450 companies in the sector, ~120 funded in last 5 years, $506M invested in 2016/17
Most Active Investors: Climate-KIC, Cisco Investments, Intel Capital, Startupbootcamp
URBAN MONITORING AND MANAGEMENT $772M
Utilities
Enevo (2010, $27M)
$92M Energy
Sensity Systems (2010, $74M)
$268M
Urban Mobility
Inrix (2004, $133M)
$334M Environment
Plume Labs (2014, $4.5M)
$32M
Water
Syrinix (2004, $4.1M)
Waste Handling
Compology (2012, $7M)
Street Lighting
Petra Systems (2006, $54M)
Energy Analytics
Intelen (2011, $1.8M)
Parking
Streetline (2005, $59M)
Vehicular Traffic
Miovision (2005, $24M)
Weather
Understory (2012, $9.5M)
Air Quality
BreezoMeter (2014, $5.4M)
SENSOR-NETWORKING INFRASTRUCTURE
Sigfox (2009, $314M)
$862M
DATA STORAGE, ANALYSIS AND PLANNING $108M
Data Platforms
Connecthings (2007, $11M)
Analytics Software
Blyncsy (2014, $2.6M)
$38M
$70M
30

Top Business Models by Funding
$862M
$772M
$108M
0
200
400
600
800
1000
Sensor-Networking Infrastructure Urban Monitoring & Management Data Storage, Analysis and Planning
TotalFundingin($M)
31
Avg. Age Sep-09 Sep-07 Jan-11
#Cos. 28 319 79
Sigfox Inrix Space-Time Insight
Silver Spring Networks Sensity Systems Connecthings

Sensor-Networking Infrastructure – Business
Model Description
Hardware and connectivity provider
LPWA Cellular WiFi Narrowband RF
Cellular networks providing
IoT connectivity
Wireless internet networks for
IoT connectivity
Provides narrow-band mesh
networks for IoT connectivity
Low-power wide area
networks

Sensor-Networking Infrastructure – Key Trends
$93M
$138M
$7M
$40M
$83M
$49M $29M
$183M
$339M
3
5
3 3
4
5 5
9
8
0
2
4
6
8
10
0
80
160
240
320
400
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofRounds
FundingAmountin($M)
YoY – Total Funding and No. of Rounds
2
3 3
2 2
3
2
4
2
0
1
2
3
4
5
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofCompaniesFounded
YoY – No. of Companies Founded
7
6
4
3
1 1 1 1
0
2
3
5
6
8
France United
States
United
Kingdom
Israel Estonia Germany Ireland Italy
#ofCompanies
Distribution of Companies across Countries
$478M
$67M
$34M
9
2 2
0
2
4
6
8
10
0
120
240
360
480
600
LPWA WiFi Cellular
#ofFundedCompanies
FundingAmountin($M)
BM wise Investment
33

Company Overview Business Model
Funding
Amount
sigfox.com
Sigfox
(2009, Labege)
Cellular network operator for IoT devices & Smartgrid
Salesforce, IFC, Intel Capital, Telefonica, Partech Ventures, Elaia Partners, Bpifrance, Omnes
Capital, NTT Docomo Ventures, Air Liquide, Alto Invest, Elliott Management, Eutelsat, SK
Telecom, Idinvest Partners, IXO Private Equity, Tamer Group, Total, Engie, swen-cp.fr
Sensor-Networking
Infrastructure > LPWA >
Provider
$313.6M
silverspringnet.com
Silver Spring Networks
(2002, Redwood City)
Connectivity platform and network provider for communications between utility and customer,
smart meters and communication nodes
EMC, KPCB, Draper Fisher Jurvetson, GV, GSV Capital, DAG Ventures, Foundation Capital, Saints
Capital, ARTIS Ventures, Cross Creek Advisors, EEI Nat'l Key Accts, Hitachi, Juvo Capital,
Northgate, Peterson Partners
Sensor-Networking
Infrastructure
$282M
ingenu.com
Ingenu
(2008, San Diego)
Network and Communications systems
General Electric, NRG Energy, ConocoPhillips, GE Ventures
Sensor-Networking
Provider
$96M
firetide.com
Firetide
(2003, Campbell)
Wireless broadband mesh infrastructure
Menlo Ventures, Coral Capital Management, HMS Hawaii Management
Sensor-Networking
Infrastructure > WiFi
$39.8M
soracom.jp
Soracom
(2015, Tokyo)
MVNO providing data communication services to IoT developers
Infinity Ventures, World Innovation Lab, Pavilion Capital Partners
Sensor-Networking
Infrastructure > Cellular
$34M
veniam.com
Veniam
(2012, Mountain View)
WiFi solutions for urban spaces
Union Square Ventures, True Ventures, Liberty Global, Cane Investments, Cisco Investments,
Verizon Ventures, Yamaha Motor Ventures, Orange Digital Ventures
Sensor-Networking
Infrastructure > WiFi
$27M
34
Sensor-Networking Infrastructure – Most Funded
Companies

Funding
Amount
thingpark.com
Thingpark
(2010, Paris)
Long Range Internet of Things IoT M2M network
Truffle Capital, Foxconn Electronics, Orange, Ginko Ventures, lpn.swisscom.ch
Sensor-Networking
Provider
$25M
senetco.com
Senet
(2009, Portsmouth)
Public network as a service provider
City Light Capital, Milestone Venture Partners, Harbor Light Capital Partners, Palm Ventures
Sensor-Networking
Provider
$24.2M
35
Sensor-Networking Infrastructure – Most Funded
Companies

Urban Monitoring & Management – Business
Model Description
Monitoring and analytics of city services and utilities
Urban Mobility Energy Environment Utilities Infrastructure
Solutions for
monitoring and
managing electricity
supply in cities
Solutions for managing
miscellaneous
parameters, including
pollution and weather,
at city-level
Solutions for
monitoring and
managing water supply
and waste disposal
Solutions for city
infrastructure,
including street
lighting, navigation, and
urban security
Solutions for
monitoring and
managing urban traffic,
public transportation
and parking

Urban Monitoring & Management – Key Trends
$22M
$33M
$71M
$105M
$32M
$67M
$152M
$100M $98M
8
5
16
15 14
23
27
31 31
0
7
14
21
28
35
0
32
64
96
128
160
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofRounds
FundingAmountin($M)
13 12
15
22
29
24
47
40
15
0
10
20
30
40
50
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofCompaniesFounded
99
25 25 23
17
12 11 10
0
24
48
72
96
120
United
States
Israel Spain India France United
Kingdom
Germany Canada
#ofCompanies
$335M
$269M
$93M
$32M
$10M $9M
44
33
19
15
2
9
0
10
20
30
40
50
0
80
160
240
320
400
Urban
Mobility
Energy Utilities Environment End-to-end
Monitoring
Solutions
Infrastructure
#ofFundedCompanies
FundingAmountin($M)
BM wise Investment
37

Funding
Amount
inrix.com
Inrix
(2004, Kirkland)
Transportation information and analytics provider
Bain Capital Ventures, KPCB, Intel Capital, Venrock, August Capital, Fontinalis Partners,
ORIX, Angeleno Group, Porsche, Pharus Capital Management
Urban Monitoring &
Management > Urban Mobility >
Vehicular Traffic
$133.1M
sensity.com
Sensity Systems
(2010, Sunnyvale)
Light sensory network solutions
Mohr Davidow Ventures, Northgate Capital, Silver Creek Ventures, Almaz Capital, Acuity
Brands, ATEL Capital Group, Trinity Capital Investment, Cisco Investments, GE Ventures,
Simon Venture Group
Urban Monitoring &
Management > Energy > Street
Lighting
$74M
streetline.com
Streetline
(2005, San Francisco)
Device to find empty parking spaces
Qualcomm Ventures, Citigroup, True Ventures, Plug and Play Tech Center, Sutter Hill
Ventures, Fontinalis Partners, RockPort Capital
Urban Monitoring &
Parking
$59.3M
petrasystems.com
Petra Systems
(2006, South Plainfield)
Solar street lighting solutions
BlueRun Ventures, ES Ventures, Element Partners, OnPoint Technologies, Arsenal Venture
Partners, Craton Equity Partners, Element Partners, National Technology Enterprises
Company, On Point Technology
Urban Monitoring &
Lighting
$54M
borqs.com
Borqs
(2007, San Diego)
IoT solutions across devices such as smartphones and smart watches, and in smart cities
and IVI communications
Mayfield, Norwest Venture Partners, Intel Capital, GSR Ventures
Urban Monitoring &
Vehicular Traffic
$40M
sensicore.com
Sensicore
(2000, Ann Arbor)
Handheld smart sensor systems for water supply
Technology Partners, Topspin Partners, NGEN Partners, Ardesta, Firelake Capital, North
Energy Ventures
Urban Monitoring &
Management > Utilities > Water
$29M
38
Urban Monitoring & Management – Most Funded
Companies

Funding
Amount
enevo.com
Enevo
(2010, Espoo)
Sensor devices for waste container monitoring
Draper Associates, Earlybird Venture Capital, Lifeline Ventures, Finnvera, Suomen
Teollisuussijoitus, Tekes, European Investment Bank, Foxconn Electronics, Finnish
Industry Investment, Nordic Cleantech Open, Draper Associates, Ginko Ventures,
Zenstone Venture Capital, Mistletoe
Urban Monitoring &
Management > Utilities > Waste
Handling
$27M
dazzletek.com
Dazzletek
(2012, Breda)
Develops a lighting control system for building and street lighting
Urban Monitoring &
Lighting
$24M
39
Urban Monitoring & Management – Most Funded
Companies

Data Storage, Analysis and Planning – Business
Model Description
Solutions for storing, analyzing and visualizing data, and for using data for planning
Data Platforms Analytics Software
Provider of software for city
data analytics and data
management
Platform for collecting,
visualizing or building
applications based on city data

Data Storage, Analysis and Planning – Key Trends
$0.2M $0.1M
$23M
$20M
$10M
$29M
$30M
2
1 1
5
2
7
14
10
0
3
6
10
13
16
0
7
14
21
28
35
2009 2010 2011 2012 2013 2014 2015 2016
#ofRounds
FundingAmountin($M)
4 4
9
5
6
11 11
7
9
0
2
5
7
10
12
2008 2009 2010 2011 2012 2013 2014 2015 2016
#ofCompaniesFounded
23
10
7 7
5
4
3 3
0
5
10
15
20
25
United
States
United
Kingdom
France India Spain Israel NetherlandsSwitzerland
#ofCompanies
$70M
$38M
13
19
0
4
8
12
16
20
0
16
32
48
64
80
Analytics Software Data Platforms
#ofFundedCompanies
FundingAmountin($M)
BM wise Investment
41

Funding
Amount
spacetimeinsight.com
Space-Time Insight
(2008, San Mateo)
Real time analytics for data from varied sources
Informatica, Opus Capital, NEC Corporation, EnerTech Capital, Novus Energy
Partners, Start Up Farms International, Zouk Capital, E.on
Data Storage, Analysis and
Planning > Analytics Software
$54.6M
connecthings.com
Connecthings
(2007, Paris)
Mobile contactless NFC, QR code and iBeacon services
CALAO FINANCE, Siparex, Xerys Gestion, XAnge
Planning > Data Platforms
$10.6M
cityzenith.com
Cityzenith
(2009, Chicago)
Big data aggregator and platform for cities
Sequoia Capital, Mumbai Angels
$6.2M
thecosmocompany.com
CoSMo
(2010, Lyon)
Complex systems modeling
Aster Capital, Sofimac Partners
$5.2M
greenbird.com
Greenbird
(2010, Oslo)
Open source middle ware for integration of data from various devices
Statkraft Ventures, ETF Partners
$5M
intent-technologies.eu
Intent Technologies
(2011, Lille)
Develops a data platform for building managers and city authorities to manage
assets and asset data
XAnge, Bouygues Construction, Bouygues Immobilier, Siparex, North Capital,
Phitrust Impact Investors, Finovam Gestion
$4.6M
flexeye.com
Flexeye
(2005, Guildford)
Provides cloud-based platform for smart application development
KPMG
$4.5M
cyberlightning.com
Cyberlightning
(2010, Oulu)
IoT data visualization system
Inventure, Tekes
$4.2M
42
Data Storage, Analysis and Planning – Most
Funded Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
43
Contents

Interesting Unfunded Companies
libelium.com
Libelium
(2006, Zaragoza)
Open source wireless sensor network platform. Urban Monitoring & Management > End-to-
end Monitoring Solutions
aernos.com
AerNos
(2016, La Jolla)
Nanotechnology based miniature air quality sensors Urban Monitoring & Management >
Environment > Air Quality > Portable Devices
living-planit.com
Living PlanIT
(2005, Porto)
Develops a data fusion and analytics platform for cities Data Storage, Analysis and Planning > Data
Platforms
rapidflowtech.com
Rapid Flow Tech
(2006, Pittsburgh)
Intelligent traffic signal control technology Urban Monitoring & Management > Urban
Mobility > Vehicular Traffic
artisense.ai
Artisense
(2015, Palo Alto)
Provides smart city data analytics using machine learning Data Storage, Analysis and Planning >
Analytics Software
smart-interaction.com
SMART-Interaction
(2012, Rome)
Monitoring equipement for cities
Urban Monitoring & Management
Curated list of companies by the sector analyst are defined as Interesting

Total
Funding
connectedsignals.com
Connected Signals
(2010, Eugene)
Smartphone app that communicates with traffic signals for alerts and
information
Tech Coast Angels
Urban Mobility > V2I Tech
$1.1M
getifinity.com
Ifinity
(2014, Warsaw)
Smart beacon solutions
SpeedUp Venture Capital Group
Urban Mobility > Navigation for the
B&VI
$1M
45
Interesting Seed Companies

Total
Funding
senetco.com
Senet
(2009, Portsmouth)
Public network as a service provider
City Light Capital, Milestone Venture Partners, Harbor Light Capital
Partners, Palm Ventures
Sensor-Networking Infrastructure
> LPWA > Provider
$24.2M
qowisio.com
Qowisio
(2009, Angers)
Low cost and low energy consumption wireless networks for connected
objects
Ouest Croissance, Gocapital, Sodero Gestion, BNP Paribas Private Equity
> LPWA > Provider
$11.9M
savari.net
Savari
(2008, Santa Clara)
V2X Communication Technology
Delta Electronics, SAIC Capital
Urban Mobility > V2I Tech
$8M
flexeye.com
Flexeye
(2005, Guildford)
Provides cloud-based platform for smart application development
KPMG
$4.5M
cityscan.com
CityScan
(2011, Chicago)
Predictive analytics & data collection
Origin Ventures, Serra Ventures, G2T3V
Urban Monitoring & Management $4M
teraki.com
Teraki
(2014, Berlin)
Data Compression of sensor data to enable IoT applications
Startupbootcamp, hub:raum
$18.2K
46
Interesting Series A Companies

Total
Funding
soracom.jp
Soracom
(2015, Tokyo)
> Cellular
$34M
veniam.com
Veniam
(2012, Mountain View)
WiFi solutions for urban spaces
Union Square Ventures, True Ventures, Liberty Global, Cane
Investments, Cisco Investments, Verizon Ventures, Yamaha Motor
Ventures, Orange Digital Ventures
> WiFi
$27M
47
Interesting Series B Companies

Total
Funding
totus-solutions.com
TOTUS Solutions
(2009, Austin)
Outdoor lighting Urban Monitoring & Management >
Energy > Street Lighting
$16.8M
asmartercity.com
A Smarter City
(2011, Memphis)
Municipal sensor networks
Seed Hatchery
$15K
cleverpark.co
CleverPark
(2016, Israel)
Parking management solution for smart cities
The Hybrid
48
Top Funded Deadpooled Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
49
Contents

Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Top investments in last one year Investment Trend Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Sensor-Networking Infrastructure – Most Funded Companies Sub Sector Understand Link
Urban Monitoring & Management – Most Funded companies Sub Sector Understand Link
Data Storage, Analysis and Planning – Most Funded Companies Sub Sector Understand Link
Top Funded Deadpooled Companies Companies Link
50

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
52
Contents

Smart Cities – List of Companies
Sensor-Networking
Infrastructure
Urban Monitoring
& Management
Data Storage,
Analysis and Planning
200 FUNDED COMPANIES AND 251 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

Sensor-Networking Infrastructure (1/4)
Total
Funding
paytm.com
Silver Spring Networks
(2002, Redwood City)
Connectivity platform and network provider for communications
between utility and customer, smart meters and communication nodes
EMC, KPCB, Draper Fisher Jurvetson, GV, GSV Capital, DAG Ventures,
Foundation Capital, Saints Capital, ARTIS Ventures, Cross Creek
Advisors, EEI Nat'l Key Accts, Hitachi, Juvo Capital, Northgate, Peterson
Partners
$282M
Thinnect
(2013, Tallinn)
Communication stack enabling smart devices to directly communicate
with each other
Plug and Play Tech Center, Band of Angels, Alchemist Accelerator,
Smartcap
$1.70M
NovaSens
(2016, Hod Hasharon)
Sensor-based solutions for smart cities
Tritech
$200K
Ciotix
(2012, Jerusalem)
Sensor-based smart city solutions for multiple applications
R-city
(2011, Le Havre)
Wireless connectivity providers
Soracom
(2015, Tokyo)
Cellular $34M
Stream Technologies
(2000, Glasgow)
M2M, data & telematics mobile network provider
Cellular
Go to BM List >>
Urban Monitoring &
Management

Go to BM List >>
Urban Monitoring &
Management

Urban Monitoring & Management (1/40)
Total
Funding
paytm.com
Noveda
(2006, Bridgewater)
Energy and Water Monitoring Solutions
Europlay Capital Advisors, State of New Jersey
$8.95M
Beep Networks
(2012, San Francisco)
Sensors and wireless sensor networks
Y Combinator, Western Technology Investment, Betaworks, Maiden
Lane, NEST, Dolby Family Ventures, Technicolor Ventures, QueensBridge
Venture Partners
$4M
CityScan
(2011, Chicago)
Predictive analytics & data collection
Origin Ventures, Serra Ventures, G2T3V
$3.96M
MyForce
(2009, Denver)
Smartphone based emergency response
Greenline Ventures
$2.95M
MIOS Groupe-Mobilitech
(2013, Aix-en-provence)
Develops multiple solutions for smart cities and smart buildings
Siparex, Amundi, XAnge
$2.08M
IKOR metering
(2006, San Sebastian De
Los Reyes)
Innovative smart metering solutions for water and gas
Venture Capital Management Basque SGEIC
$1.88M
CTY
(2014, St. Louis)
Numina - Analytics for places
500 Startups, Knight Foundation, SOSV, URBAN-X
$60K
Ingu Solutions
(2014, Kitchener)
Smart sensors for measuring flow dynamics and pipeline integrity
500 Startups
Sensor-
Networking
Infrastructure
<< Go to BM List >>
Data Storage,
Analysis and
Planning

Total
Funding
paytm.com
SmartUp Cities
(2016, Valencia)
Develops multiple solutions for smart cities
Startup Scaleup
Wellness Telecom
(2010, Seville)
Provides smart city and big data solutions
Urbiotica
(2008, Barcelona)
Smart city solutions for waste, noise, traffic and parking
Caixa Capital Risc
Worldsensing
(2008, Barcelona)
Develops connected sensor solutions for industrial monitoring
applications
Kibo Ventures, Fundacion Jose Manuel Entrecanales, Endeavor, Mitsui,
IESE Business School, Cisco Investments
Esensors
(2000, New York City)
Manufactures networked sensors for measuring various physical and
power parameters
SAYME
(2007, Santander)
Develops wireless sensor networks for use in smart city applications
sensequake
(2015, Montreal)
Builds software for earthquake assessments of buildings using sensors
InnoCite MTL, mcgillx1accelerator.com
Fi-Sonic
(2014, )
Designs and builds noise measurement systems and analytics
Sensor-
Networking
Infrastructure
<< Go to BM List >>
Data Storage,
Analysis and
Planning

Total
Funding
paytm.com
Veolia
(1853, Paris)
Customized water, waste and energy management solutions
enOware
(2014, Karlsruhe)
Sensor systems for smart cities and geothermal monitoring
High-Tech Grunderfonds, LBBW Venture Capital, KIC InnoEnergy
Cognito Technologies
(2016, Chandigarh)
IoT based monitoring products for smart cities.
APIS labs
(2015, Herndon)
Ambient assisted living and facility safety solutions
Graviton
(2015, )
Window break and intrusion detection
Powel
(1996, Trondheim)
Decision support software providers for energy, water and waste
management
uRADMonitor
(2014, Timisoara)
Home - uRADMonitor
URBIOTICA
(2008, Barcelona)
Smart city solutions provider
Sensor-
Networking
Infrastructure
<< Go to BM List >>
Data Storage,
Analysis and
Planning

Sensor-
Networking
Infrastructure
<< Go to BM List >>
Data Storage,
Analysis and
Planning

Data Storage, Analysis and Planning (1/14)
Total
Funding
paytm.com
Space-Time Insight
(2008, San Mateo)
Real time analytics for data from varied sources
Informatica, Opus Capital, NEC Corporation, EnerTech Capital, Novus
Energy Partners, Start Up Farms International, Zouk Capital, E.on
Analytics Software $54.55M
CoSMo
(2010, Lyon)
Complex systems modeling
Aster Capital, Sofimac Partners
Cyberlightning
(2010, Oulu)
IoT data visualization system
Inventure, Tekes
Blyncsy
(2014, Salt Lake City)
Installs sensors and provides analytics for smart city applications
Pelion Venture Partners, EPIC Venture Fund, Subtraction Capital,
Kickstart Seed Fund, Peterson Partners
oneEvent
(2011, Mount Horeb)
Smart safety system for prevention of fire breakouts
SmarterBetterCities
(2012, Zurich)
Sharing and collaboration tool for 3D models of buildings and cities
Zurcher Kantonalbank, Climate-KIC
Analytics Software $1M
See.Sense
(2013, Newtownards)
Develops smart lights for cycles, and sensors for collecting data about
city road systems Analytics Software $711.79K
Zerocycle
(2014, Washington)
Increasing recycling of garbage through big data analysis and
behavioural science Analytics Software $20K
Urban Monitoring
& Management
<< Go to BM List

Total
Funding
paytm.com
CityShob Software
(2016, Netanya)
IoT data management and analytics platform for smart cities
Analytics Software
Introspective Systems
(2010, Portland)
xGraph - Data Analytics for IoT
Analytics Software
HAL24K
(2014, Amsterdam)
Data Intelligence Research Labs
VINCI Energies, AllMobile
Analytics Software
BlueCity
(2014, Milwaukee)
Hardware & platform-based solutions for monitoring connected devices
Analytics Software
Onh.
(2015, Tel Aviv)
Data management solutions for municipal facilities & services
Analytics Software
Artisense
(2015, Palo Alto)
Provides smart city data analytics using machine learning
Analytics Software
Boldmind
(2012, London)
Provides a data platform for analysis of structured and unstructured
urban data
SILK Ventures
Analytics Software
Prospective Labs
(2015, London)
Develops machine learning-enabled collaborative solutions for city
planning Analytics Software
Urban Monitoring
& Management
<< Go to BM List

Urban Monitoring
& Management
<< Go to BM List

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
109
Contents

Team
Anupam Das
Senior Analyst – Technology

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