After investing $11 million in December 2010 for a 15% equity stake in Encelium Technologies (Encelium), a building lighting control systems provider, Siemens’ OSRAM has recently acquired the remaining 85% of the firm for an undisclosed amount. The acquisition comes on the heels of Encelium’s impres...
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News Commentary | September 22, 2021
Moore Strategic Investment (MSV) led the round, in which Accurant International, Future Energy Ventures, Georgian, and Constellation Technology Ventures also participated. This round brings Bidgely's total amount of funding to $77 million, and the company plans to use its newly raised cash to "... Not part of subscription
Company Snapshot | December 31, 2021
The company was founded by Brad Lurie and John Chalmers in 2010; Bright Light Systems was acquired by Phoenix Lighting in 2019; Lurie was CEO and now serves on the board of directors of IMAC Group; Chalmers was VP of marketing and is now product manager for Phoenix, which develops lighting fixtures ... To read more, click here.
News Commentary | November 15, 2021
Investors endorsed the concept of applying digital technology to analyze a building's carbon‑reduction potential with a $1 million seed investment in Canadian startup Audette. With investments totaling $1.5 million, Audette is taking advantage of regulations to reduce buildings' carbon foorprints by... Not part of subscription