INDUSTRY SPOTLIGHT

Smart Cities

Step into the smart city industry to grasp its trends, opportunities, challenges, and ways to secure smart city funding.

Revolution of future urban living with smart cities

The smart city industry is on the track. The recent pandemic highlighted the shortcomings of many government organizations. And it has sparked a rise of smart cities equipped to manage these challenges effectively, attracting both consumers and investors. With VCs’ interest in financing smart city development, startups now have abundant golden opportunities to innovate in spheres like smart infrastructure, public transport, and health services.

At Waveup, we help startups discover these untapped opportunities, attract smart city venture capital, and drive their business growth. We specialize in building actionable smart city market entry strategies, pinpointing M&A prospects, and designing appealing and insightful smart city pitch decks.

Learn more about this promising sector via our smart city market research.

2x
The smart cities market is expected to double within the next seven years.

 

40%
Is the percentage of global smart city revenue.

Driven by increasing connectivity, a surge in tech advancements, and the rise of intelligent transportation systems
1.6B

5G connections are expected worldwide by 2025.

7.5x growth

Smart city sensors are projected to increase from 10 billion in 2020 to 75 billion by 2025.

1/2

In 2022, intelligent transportation systems made up 47% of the smart transportation market.

VENTURE LANDSCAPE

The smart city venture capital reached $882B+ in 2022

 
The top 5 sectors in terms of VC funding for smart cities:

  • Smart government & GovTech
  • CivicTech
  • Smart Grid
  • Smart Building
  • Public Safety

Leading smart cities venture capital firms

Write to us to know more

WAVEUP VIEW

Obstacles of smart city startups

The enormous smart city funding and market growth potential comes with its price tag.

Measuring business performance

The smart city industry is still developing. It means that navigating a business may be challenging due to the lack of established benchmarks. And measuring a startup’s success can be complex and time-consuming, affecting investors’ interest in joining a venture.

Securing the right capital

Yes, the smart city industry is shining bright on VCs’ radar. Yet, attracting smart city financing may be challenging due to the overall economic downturn nowadays. Thus, startups should understand how to build a compelling investment narrative and business model, select the most relevant smart city funding sources, and devise an impeccable startup pitch deck communicating the project’s viability and profitability.

Integration complexity

Integrating various technologies, platforms, and systems to create a cohesive and efficient smart city can be complex. Startups should adopt standard protocols to enhance integration. Plus, they need to collaborate with stakeholders as well as tech providers to ensure seamless connectivity and operations.

How we can help

Startups
Fundraising advisory

From diligent industry analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into a compelling investment opportunity framed in a winning smart city pitch deck.

Investors
Due diligence and portfolio support

Evaluating potential investments, conducting due diligence, and supporting portfolio companies on their new fundraising rounds.

Established companies
Growth hacking

Discovering market opportunities in the market and developing execution strategies to build actionable and scalable blueprints for growth.

WHO WE ARE

Unlocking your next stage of growth

Waveup is a leading global advisory empowering companies to fuel growth, attract investments, and secure strategic partnerships.

We turn data into business insights that drive results, helping companies excel in the competitive B2C and B2B spaces across 50+ verticals, discovering and catalizing opportunities for growth.

Our investment consulting services for smart cities startups

Market intelligence

Fundraising support

Pitch decks

Financial models

Investor research

Growth consulting

Go-to-market strategies

Marketing/sales materials

Design support

Learn more

FAQs

How attractive is the industry to potential smart city investors?

The smart city industry is increasingly appealing to smart city venture capitalists. Smart city solutions are more effective in terms of economic downturns as they help reduce costs and pollution and improve efficiency. Plus, the industry is diverse, minimizing risks for investors.

If you are a smart city startup, how easy is it to raise funding today?

It’s not that difficult to attract funding for smart city projects. Yet, startups should be agile and attentive to avoid possible challenges related to competition hurdles and high costs of developing and deploying smart cities.

How long does it take to create a pitch deck and financial model for a smart city startup?

Usually, it takes us two to three weeks to create a compelling and visually appealing smart city pitch deck and a robust financial model. Yet, the time frames may vary depending on our schedule and the project’s complexity. Thus, it’s better to discuss the details individually.

What are the key mistakes smart city startups make in their pitch decks?

Most smart city startups lack a persuasive investment storyline. Like this, venture capitalists don’t get the full picture and may shift their focus on a more promising and urgent project. Plus, the absence of a competition slide. It may be a sign of your not knowing how to outrun the rivals. In such a saturated market, competitive analysis comes first.

How competitive is the smart city market?

The smart city market is buzzing with competition. Numerous newcomers are trying to break in, while top players like Cisco, IBM, and Siemens are dominating the landscape with advanced technologies, vast experience, and established market presence.

What services do you provide for investors looking to invest or already investing in smart cities?

Our extensive investor package includes due diligence on smart city projects, the creation of a comprehensive and visually rich smart city pitch deck, and an impeccable game on attracting smart city investment funds within the smart city sector and beyond.

Do you provide smart city M&A support?

Absolutely! We provide support for your M&A objectives, whether within the smart city landscape or other sectors. Our services encompass everything from the initial deal search and valuations to due diligence and collaboration after the deal is completed.

Do you make intros to smart city VCs?

Certainly! If your project aligns with such aspects as round size, team, and product, we can connect you with the most relevant smart city investment funds. This is a part of our broader investor relations package, which lines up potential investors, gets founders ready for the initial meetings, and helps forge cooperation post-deal.

Do you have available data or research to purchase on the smart city market?

Yes, we do! Our expert team offers customized market insights into the smart city industry. We aim to give you a competitive edge by ensuring deep industry reports and evaluations of competitors. Using data from trusted sources, we help you fully comprehend the smart city landscape with its challenges, opportunities, and competitive dynamics.

Which growth stage of companies have you worked with in the past?

Our specialists provide growth and fundraising support for smart city startups, accompanying them from their initial Pre-Seed phase right up to Series C and further.

Have a smart city project in mind? We are here to help

From end-to-end fundraising support to M&A advisory and growth hacking, Waveup will help catapult your smart city project to new heights. Leave your email, and let's talk!

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