Daily Briefing: Building management firm Smarten Spaces raised $16m in series A funding; Staffing platform Workmate secures $7.08 in funding round

And Hong Kong’s Plaza Premium Group expands to Changi Airport.

From DealStreetAsia:

AI-powered space management solutions provider Smarten Spaces has raised $16.35m (US$12m) in its Series A funding round from Symphony International Holdings, the company announced.

On its website, the company said it is currently “smartening” 60 million sqft of spaces globally. The current market value of smart spaces and businesses globally is projected at $25.89b ($19.9b) and Smart Spaces said it wants to disrupt this industry by offering its AI-powered platform.

Launched in 2017 by Dinesh Malkani and Anushka Verghese, Smarten Spaces provides a building management platform that uses end-to-end AI, which allows owners of commercial and industrial properties to digitise and manage their spaces. The platform can be used to manage building access control, reservation of conference rooms and individual workstations, room temperature and lighting, co-working spaces, food and beverage services, and community bulletin boards.

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