London-based startup LAIIER has raised £1.7m to create a ‘digital skin’ that turns every building into a smart building.
The company has designed a cloud platform that aims to reduce the costs associated with damage and inefficiencies in smart buildings through early warnings for events like water leaks.
The fresh funds will be used to accelerate product development and additional functions through technical hires, additional IP protection, and investment into cloud infrastructure.
“By bringing data from a physical to a digital domain, LAIIER gives building managers, facility operators, infrastructure owners, and insurers clarity on the health of their buildings,” commented Eric Slesinger, principal and head of investments, Mundi Ventures.
“The LAIIER team has built technical expertise that lets them put sensors where others cannot, collect data others can’t access, and ultimately paint an accurate picture of building health that others can’t see,” he added.
LAIIER’s broader vision is to create physical and digital functionality on surfaces across the building – turning floors, ceilings, and walls into a mesh network of sensors that monitor a building’s vital signs in real-time.
Matt Johnson, LAIIER CEO and co-founder, said: “Our vision is to reduce waste, cost and impact by generating data from the surface of the smart building and facility in real-time. Creating a truly hybrid physical/digital skin embedded in construction materials.”
LAIIER was launched in 2021 by founders Matt Johnson, Isabel Lizardi, and Bibi Nelson.
Tom Ferguson, managing partner, Burnt Island Ventures, added: “Matt, Bibi, Isabel and the LAIIER team have built an exceptional solution to a giant pain point in the buildings industry, with clear expansion potential across a wide range of use cases. We’re delighted to help support this next phase of growth for this vital company.”
Image: LAIIER provides smart surfaces that install like stickers and tape (credit: LAIIER)
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