TLDR:
- Infogrid, a UK-based building intelligence and analytics company, raised a Series B extension with backing from Keyframe Capital and A/O.
- The company plans to use the funds to expand operations and its business reach.
Infogrid, a London-based building intelligence and analytics company, has secured an undisclosed amount in Series B extension funding. The round was backed by Keyframe Capital and A/O, with participation from existing investors Northzone and The Venture Collective. The company also announced the appointment of four new directors to its board.
Infogrid, led by CEO Kate Henningsen, specializes in providing data and analytics solutions to make buildings smarter, more efficient, and sustainable. The company’s AI-powered products offer insights to real estate teams to reduce costs, save energy, and decrease carbon footprint.
In a statement, Kate Henningsen expressed excitement about Infogrid’s growth and its potential to address the challenges of the built world. She highlighted the importance of technology in combatting climate change and emphasized the company’s commitment to reducing carbon footprint in the real estate industry.
The funding will be used by Infogrid to expand its operations and business reach, as it aims to further develop its technology and offer solutions at scale to address climate issues. The company sees itself as a category-defining company in the building intelligence sector, with a focus on making a meaningful impact on sustainability in real estate.
