In this episode, Lewis and Joe discuss the current state of the smart building market, focusing on recent trends, investment landscapes, and emerging technologies. They explore the fragmented nature of the market, the impact of capital efficiency on investment decisions, and the ongoing M&A activity shaping the industry. The conversation also delves into future predictions for the market, highlighting the potential for innovation and the integration of facility management with building automation.

Companies mentioned:

• Asuene acquiring nZero.
• TMA is acquiring Virtual Facility.
• Runwise's Series B raise.
• NRG acquiring CPower.
• Airthings LOI acquisition.
• Redaptive have raised additional capital.

Takeaways:

• The market remains fragmented with ongoing M&A activity.
• Investment in smart buildings is down, but some companies are thriving.
• Capital efficiency is becoming a key focus for investors.
• Acquisitions are often driven by the need for companies to scale and integrate technologies.
• Emerging technologies in demand response and energy management are gaining traction.
• Companies like Runwise are expanding their offerings beyond initial products.
• The demand response space is evolving with new players entering the market.
• Integration of facility management and building automation is becoming more common.
• Future predictions suggest a separation between leading companies and those struggling to grow.
• The market is expected to see continued innovation and new entrants.

Stay connected with us:

↳ Subscribe on YouTube: @lewismartinc

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↳ Lewis Martin: linkedin.com/in/climatetechrecruiter

↳ Joseph Aamidor: linkedin.com/in/jaamidor

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