Smart Cities

Step into the realm of smart cities, a thriving industry that embraces cutting-edge technologies to create sustainable and efficient urban environments.

Investing in the revolution of urban living to build smart cities future

In the realm of smart cities industry, a dynamic transformation is underway, powered by the convergence of cutting-edge technologies and the increasing expectations of urban residents. From intelligent infrastructure to data-driven solutions, the smart cities industry is redefining the way we live, work, and interact in our urban environments. This shift towards smarter, more efficient cities presents a multitude of opportunities for disruption and market expansion. By investing in the smart city’s growth, you can capitalize on the advancements in connectivity, sustainability, and urban intelligence, shaping the future of urban living and paving the way for innovative solutions that enhance the quality of life for millions. Join us in unlocking the potential of this rapidly evolving industry and discover the endless possibilities that lie within the realm of smart cities. At Waveup, we discover such untapped opportunities in emerging and high-growth industries and leverage deep knowledge about the smart cities market to help our clients identify and build actionable blueprints for growth. With deep industry analytics at the core of our services, we provide end-to-end support in smart cities pitch deck designing and executing growth projects – from fundraising to M&A scouting and new smart cities market entry strategies. Whether you’re just looking for industry insights or interested in tailored support, we’re here to help you navigate the modern smart cities landscape with confidence and get your Smart Cities funding.

The smart cities market is expected to grow 2x in the next five years.


The revenue from smart city infrastructure is forecast to grow to more than $100B by 2024, a share of more than 40 percent of the total smart city revenue worldwide.

Propelled by environmental consciousness, user adoption, and the expansion of vehicle fleets

5G network technology accelerates the growth of smart cities, with over 1.6 billion 5G connections expected worldwide by 2025.


The number of smart city sensors is expected to grow from 10 billion in 2020 to 75 billion by 2025.


By smart transportation, the Intelligent Transportation System segment has held a market share of 47% in 2022.


The smart cities venture capital market size was $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
  • Smart Mobility

Leading smart cities venture capital firms we worked with

Write to us to know more


Challenges of smart cities startups

As the smart cities sector continually evolves, startups face unique hurdles while aiming to thrive amidst competition and ever-changing consumer preferences while securing funds to drive growth.

Measuring business performance

Navigating a business in a growing industry can be an intimidating task. The absence of established yardsticks and the unclear boundaries of key metrics can make a startup’s performance evaluation a complicated and time-draining process, potentially swaying investors’ decisions to join a venture.

Securing the right capital

In the constantly evolving fundraising landscape, it’s crucial to understand how to construct an engaging business narrative addressing the shifting investment realities, select the most appropriate smart cities funding sources, and devise a tailored startup pitch deck that can convincingly market the business opportunity to potential smart city investors.

Spurring innovative growth

Even though there is a myriad of proven go-to-market approaches and growth tactics to choose from, businesses regularly face challenges in determining the most appropriate smart cities market entry strategy and answering the key questions – when should we start scaling, and what should be the pace?

How we can help

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.

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.


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
Have a smart cities project in mind? Talk to us

One of our unique advantages lies in our constant exposure to the new & emerging industries and sectors, thus giving us an unparalleled expertise in the areas of innovative business models, disruptive technologies and the latest industry trends.

Form submitted successfully.