Infogrid raises £11.6m Series A funding led by Northzone to expand internationally.
Northzone led the Series A round to support the company as it accelerates international expansion.
Infogrid provides building intelligence and analytics solutions using artificial intelligence and data to help real estate organisations improve efficiency and sustainability. The company serves major real estate owners including Hilton Worldwide and Bridge Commercial Real Estate.
Infogrid has secured £11.6m in a Series A funding round led by Northzone, with participation from JLL Spark, Concrete VC, The Venture Collective, Jigsaw VC, alongside a global real estate investment group and an international asset owner. The capital will be deployed to drive international expansion, particularly into the United States.
The company operates an end-to-end platform that merges compact Internet of Things sensors with artificial intelligence to monitor building performance, efficiency, and environmental metrics. The technology helps large estate owners and facilities managers reduce carbon emissions, optimise energy usage, and automate routine compliance checks.
From the founder
"Until now, the lack of viable and scalable technology has meant that facilities management is one of the last industries to be enhanced by digitization, despite covering the world’s largest asset class. Infogrid’s end-to-end smart building system finally arms organizations with insight to take control and take action. This new era of insight and automation will bring about a positive impact on the efficiencies of businesses, the wellbeing of employees, and the environmental footprint of buildings."
William Cowell de Gruchy
Founder and CEO at Infogrid
Investor perspective
"With the world undergoing the largest wave of urban growth in history, the built environment already generates 39% of annual global carbon emissions. We were instantly drawn to Infogrid for its ability to future-proof buildings in the long-term, through smart sensors and real-time data that has a major impact on limiting wasted energy as well as helping businesses cut down on manual maintenance efforts."
Jeppe Zink
Partner, Northzone
Use of funds
- 01Expand into international markets
