Press Release: Memoori : Investment in Smart Building Companies Totaled $5.4 Billion in 2019, Highlights Memoori Research

STOCKHOLM--(BUSINESS WIRE)--Since 2017, Memoori has tracked around 970 funding rounds worldwide across the smart buildings space which has attracted over $16.5 billion in disclosed capital investment by venture capital, private equity and corporate investors. Investment in 2019 amounted to $5.4 billion spread over 316 funding rounds. This is around 31% lower than the record level of $7.8 billion capital investment over 361 rounds in 2018, but a 61% increase on the 2017 level of $3.3 billion spr