Infogrid Secures $90 Million for Smart Building Innovation
Infogrid, a pioneering provider of sustainability-oriented smart building technology based in London, UK, has successfully secured an impressive $90 million in Series B funding. This significant investment round has attracted a number of prominent backers, including notable names such as Original Capital, SoftBank Vision Fund 2, Northzone, TVC, JLL Spark, Committed Capital, and Pictet. Such a robust financial backing indicates not only the confidence investors have in Infogrid's business model but also the increasing demand for smart building solutions that prioritize environmental sustainability.
Led by the visionary CEO Will Cowell de Gruchy, Infogrid is on a mission to revolutionize the commercial real estate sector through its innovative AI-powered building intelligence platform.
The company is dedicated to enhancing its dataset and expanding the platform's functionality, utilizing the newly acquired funds to fuel its global growth strategy. By fostering partnerships with IoT technology and sensor providers, Infogrid equips buildings with advanced smart technologies that enable effective data collection, combination, and analysis, ultimately providing a comprehensive view of a building's performance.
The extensive capabilities of Infogrid's platform empower building owners, facility managers, and workplace managers to acquire a holistic and real-time perspective on building data. This access is pivotal for meeting sustainability targets, reducing operational costs, and enhancing employee productivity and well-being. With over 200 global blue-chip customers already leveraging Infogrid's technology, the company is well-positioned to make significant strides in improving the internal environment of various facilities while advancing their overall sustainability initiatives.
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