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A Comprehensive Biennial Evaluation of Startup Companies in the Proptech Space News provided by Share this article Share this article ResearchAndMarkets.com s offering. The report has identified 665 private companies founded between 2011 and 2020 in the smart buildings sector. This number has increased 38% since the 2nd edition of this report published two years ago. There was no slowdown in the number of Startups receiving investment last year despite the COVID-19 global pandemic and ensuing recession. The definition of a Startup is a private company formed no earlier than 2011 that is focused on the commercial and industrial buildings market, is not a subsidiary or an acquisition of a larger company and is often financed by venture capital or private equity funding.

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