article thumbnail

Kapacity.io is using AI to drive energy and emissions savings for real estate

TechCrunch

is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. Y Combinator-backed Kapacity.io And Rauhala names the U.K.

article thumbnail

South Korean proptech startup Zigbang acquires Samsung SDS’ smart home IoT business

TechCrunch

Zigbang , a South Korean proptech startup that provides real estate transactions service, announced on Thursday that it will acquire Samsung SDS’ home internet of things (IoT) unit to make a foray into the smart home industry. . Its main products include digital door locks and wall pads that connect to users’ smartphones.

IoT 217
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The role of IoT in shaping smart cities

CIO

Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2 Popular examples include NB-IoT and LoRaWAN.

IoT 185
article thumbnail

Infogrid raises $15.5M from Northzone to retrofit buildings with ‘smart’ IoT

TechCrunch

Infogrid , an IoT startup which can retrofit an existing building to make it “smart”, has raised $15.5 Infogrid also has an “impact-style” mission to enable businesses to reduce the environmental and social cost of their buildings while simultaneously benefitting their bottom line and asset values.

IoT 206
article thumbnail

Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

” Infogrid’s platform, powered by AI, gathers and analyzes data from internet of things (IoT) sensors to help property managers and owners optimize the performance of their various buildings — at least in theory. The growing number of competitors coincides with an uptick in VC investments in IoT companies.

article thumbnail

Sustainability catches the eye of Kompas’ shiny new, green-tinted glasses fund

TechCrunch

The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, real estate and manufacturing industries. It especially wants to reduce waste and CO2 emissions.

article thumbnail

Proptech in Review: 3 investors explain why they’re bullish on tech that makes buildings greener

TechCrunch

Spending on getting the world’s real estate to net zero will require $1.7 Also, when transactions slow down, real estate groups tend to focus more on internal operations. Commercial real estate has taken a hit during the pandemic. Those that survive will have an opportunity to expand market share.”.