Northzone backs Infogrid in $90m Series B

Wednesday 19th April, 2023

Infogrid, the technology company that provides AI-powered building intelligence, recently secured $90 million in a Series B funding round. The funding was led by Northzone, who were advised by Marriott Harrison.

Infogrid uses artificial intelligence to collect and analyse data, providing facility managers with customised optimisations and sustainability practices. These practices help managers save resources, meet sustainability goals, and enhance employee productivity and well-being. The recent funding will fuel the next phase in Infogrid’s global growth, including expanding the deep and broad functionality of its proprietary AI-powered building intelligence platform, and building out its global sales and marketing operations.

Northzone is a muti-stage venture capital firm that supports and invests in entrepreneurs across Europe and the US. Northzone backs founders with the vision and tenacity to challenge convention and create new markets. Investing from Seed to Growth, the firm led Infogrid’s Series A round in November 2020.

Marriott Harrison was pleased to advise Northzone on its investment. The team was led by David Strong, and included Kimberley Lam’s Descamps and Josh Hartle.

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