US-based smart-tinting glass startup Kinestral Technologies has secured over $100 million in a Series D round led by South Korean company SK Holdings, according to an announcement on Wednesday.
Over the course of the year property technology, or proptech in short – was omnipresent, with developers, investors and city shapers looking to capitalise on new innovations in order to transform the way we communicate, commute, consume and create.
Halio also offers dynamic glazing solutions. Craig Henricksen, vice president of marketing at Kinestral, spoke about the potential of dynamic glazing in the residential sector. He said the residential market is harder to get into because it is more fragmented than the commercial market. According to Henricksen, once the product is more turnkey and efficient it could be viable as a residential product.
Taiwan's reputation as a force in green building technology is attracting the interest of foreign investors. Earlier this month, US startup Kinestral Technologies opened its first factory.