Original Capital, a venture capital firm, led a $90m Series B funding round in Infogrid, a company specializing in sustainability-focused smart building technology, with participation from SoftBank Vision Fund 2, Northzone, TVC, JLL Spark, Committed Capital, and Pictet. “Sustainability and reducing costs are paramount concerns for our clients today. In the aftermath of Covid there has been a pincer movement of inflation and climate pressures on businesses, leading to widespread concern over the cost and carbon emissions of owning and operating commercial buildings. This created a clear need for solutions that lower costs while reducing the environmental and health damage caused by commercial real estate; Infogrid provides exactly this solution. Achieving this goal can be as simple as using technology to avoid cleaning unused space every day, or to automate compliance checks for legionnaires disease prevention. Not only does this save crucial dollars in a time when budgets are strained by inflation, but it also prevents wasted carbon, chemicals, and water in a time when the world is strained by climate change. It’s a win-win for clients and the planet, and it’s heartening to see big business embracing sustainable solutions,” said Will Cowell de Gruchy, Infogrid CEO.