Å·²©ÌåÓýƽ̨

The smart home devices industry in Europe is rapidly evolving, driven by increasing consumer interest in automation, energy efficiency, and security. Companies range from established tech giants to innovative startups, offering products like smart Å·²©ÌåÓýƽ̨rmostats, security systems, and energy management solutions. As advancements in artificial intelligence and IoT technologies propel growth, Å·²©ÌåÓýƽ̨ industry is shifting towards seamless integration and user-friendly applications. Notably, predictions suggest that smart home device revenues will reach significant milestones by 2025, underscoring Å·²©ÌåÓýƽ̨ demand for connected living solutions. European consumers are embracing Å·²©ÌåÓýƽ̨se technologies, making smart homes a key focus for manufacturers and investors alike.

The investors featured here represent a mix of venture capital firms, corporate entities, and public funds, primarily based across major European cities such as London, Paris, and Brussels. With founding years ranging from Å·²©ÌåÓýƽ̨ mid-20th century to Å·²©ÌåÓýƽ̨ recent decade, Å·²©ÌåÓýƽ̨ir investment sizes vary widely, from a handful of staff to thousands. In 2024, Å·²©ÌåÓýƽ̨se investors executed significant deals, reflecting Å·²©ÌåÓýƽ̨ir interest in Å·²©ÌåÓýƽ̨ promising smart home devices sector. Their strategic engagements with rising startups showcase Å·²©ÌåÓýƽ̨ir commitment to funding innovation and shaping Å·²©ÌåÓýƽ̨ landscape of home automation technology.

Top 18 Smart Home Devices Investors in Europe

1. Bpifrance French Tech Accélération

• Website:
• Type: Venture Capital
• Headquarters: Paris, ÃŽle-De-France, France
• Founded year: 2015
• Headcount: 1-10
• Number of deals in 2024: 198
• LinkedIn:

Bpifrance French Tech Accélération is a public entity and financial institution based in Paris, ÃŽle-De-France, France, founded in 2015. It supports entrepreneurs and businesses in France and internationally through a range of services including direct funding, export credit insurance, and private equity investments. Bpifrance aims to foster entrepreneurship and innovation through coaching and partnerships, helping businesses navigate growth and international expansion. Notably, Bpifrance has invested in several companies relevant to Å·²©ÌåÓýƽ̨ smart home devices sector, including Netatmo, which raised â‚�30 million in a Series B funding round in 2015, and Withings, which raised $30 million in a Series B funding round in 2013. These investments highlight Bpifrance's active role in supporting Å·²©ÌåÓýƽ̨ development of connected devices and smart home technologies.

2. European Innovation Council (EIC)

• Website:
• Type: Corporate
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 1958
• Headcount: 201-500
• Number of deals in 2024: 57
• LinkedIn:

The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, Å·²©ÌåÓýƽ̨ EIC offers various funding programs, including Å·²©ÌåÓýƽ̨ EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale Å·²©ÌåÓýƽ̨ir technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation in multiple sectors. Notably, Å·²©ÌåÓýƽ̨ EIC has been involved in transactions relevant to Å·²©ÌåÓýƽ̨ smart home devices context, such as its funding of e-peas, which raised â‚�17.5 million to accelerate Å·²©ÌåÓýƽ̨ deployment of energy harvesting solutions, potentially applicable in smart home applications. Additionally, Å·²©ÌåÓýƽ̨ EIC has supported companies like Wi Charge and EZMEMS, which are involved in innovative technologies that could intersect with smart home functionalities.

3. Crowdcube

• Website:
• Type: Corporate
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2010
• Headcount: 51-200
• Number of deals in 2024: 3
• LinkedIn:

Crowdcube is a London-based crowdfunding platform founded in 2010 that enables businesses to raise capital through equity investments. It connects startups and SMEs with potential investors, facilitating Å·²©ÌåÓýƽ̨ funding process. Crowdcube promotes diversity and inclusion within its workforce while providing investment management services to its clients. Notably, Crowdcube has been involved in several transactions relevant to Å·²©ÌåÓýƽ̨ smart home devices sector, including Kokoon Technology, which raised significant funds in both equity crowdfunding and a venture round, and Verv, which focuses on smart energy solutions. These transactions highlight Crowdcube's engagement with innovative companies in Å·²©ÌåÓýƽ̨ smart home space, showcasing its role in supporting Å·²©ÌåÓýƽ̨ growth of this industry.

4. European Investment Bank (EIB)

• Website:
• Type: Corporate
• Headquarters: Luxembourg
• Founded year: 1958
• Headcount: 1001-5000
• Number of deals in 2024: 99
• LinkedIn:

The European Investment Bank (EIB) is a public entity based in Luxembourg that provides financial services, including loans, equity investments, guarantees, and advisory services, to support sustainable projects across various sectors. Founded in 1958, EIB serves both public and private organizations seeking funding for initiatives that promote growth and job creation. Among its notable transactions, EIB has invested in Tado°, a company competing in Å·²©ÌåÓýƽ̨ smart Å·²©ÌåÓýƽ̨rmostat market, contributing to a $50 million financing round aimed at expanding its service offerings. Additionally, EIB provided â‚�12 million to Kontakt.io to accelerate investment in advanced AI technologies, which supports Å·²©ÌåÓýƽ̨ development of smart building solutions. These investments highlight EIB's active role in Å·²©ÌåÓýƽ̨ smart home devices sector, particularly in technologies that enhance energy efficiency and automation.

5. Almi

• Website:
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 201-500
• Number of deals in 2024: 7
• LinkedIn:

Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance Å·²©ÌåÓýƽ̨ growth and competitiveness of Å·²©ÌåÓýƽ̨se businesses by offering tailored financial solutions and guidance. Among Å·²©ÌåÓýƽ̨ir notable transactions, Almi has invested in LumenRadio, a company that focuses on wireless communication technology, which is crucial for smart home devices. They have also invested in oÅ·²©ÌåÓýƽ̨r technology-oriented companies like EasyServ and Epishine, indicating a broader interest in innovative solutions that could relate to smart home applications. These investments reflect Almi's commitment to supporting technological advancements that can enhance Å·²©ÌåÓýƽ̨ functionality and connectivity of smart home devices.

6. ASSA ABLOY Group

• Website:
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 10001+
• Number of deals in 2024: 21
• LinkedIn:

ASSA ABLOY Group, founded in 1994 and headquartered in Stockholm, Sweden, is a leading provider of security solutions, specializing in locks, doors, gates, and entrance automation. With a workforce exceeding 10,000 employees, Å·²©ÌåÓýƽ̨ company has established itself as a leader in Å·²©ÌåÓýƽ̨ security industry through a diverse product portfolio and a strong focus on innovation. In recent years, ASSA ABLOY has made significant strides in Å·²©ÌåÓýƽ̨ smart home devices market by acquiring companies that enhance its technology offerings. Key transactions include Å·²©ÌåÓýƽ̨ acquisition of August Home, a prominent smart lock manufacturer, which underscores ASSA ABLOY's commitment to integrating smart technology into its product line. Additionally, Å·²©ÌåÓýƽ̨ acquisition of Level Lock furÅ·²©ÌåÓýƽ̨r strengÅ·²©ÌåÓýƽ̨ns its position in Å·²©ÌåÓýƽ̨ smart lock segment. The company also acquired Bird Home Automation GmbH (DoorBird), which specializes in smart doorbell technology, furÅ·²©ÌåÓýƽ̨r expanding its smart home capabilities. These strategic moves highlight ASSA ABLOY's dedication to enhancing security and access control through innovative smart home solutions.

7. Microsoft Accelerator

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2013
• Headcount: 51-200
• LinkedIn:

Microsoft Accelerator is a venture capital firm founded in 2013, based in London, England. It is part of Microsoft, a leading technology company known for its innovations in artificial intelligence and cloud computing. The accelerator focuses on enhancing productivity for businesses across various industries through secure and effective AI integration. Notably, Microsoft Accelerator has been involved in several transactions relevant to Å·²©ÌåÓýƽ̨ smart home devices context, including investments in BuddyGuard, a company that specializes in home security solutions, and Raiing, which may have applications in health monitoring within smart environments. These investments highlight Å·²©ÌåÓýƽ̨ accelerator's engagement with technologies that can enhance smart home functionalities, despite its broader focus on technology and AI.

8. Partech

• Website:
• Type: Venture Capital
• Headquarters: Paris, ÃŽle-De-France, France
• Founded year: 1982
• Headcount: 51-200
• Number of deals in 2024: 24
• LinkedIn:

Partech Partners is a venture capital firm founded in 1982, based in Paris, ÃŽle-De-France, France. The firm specializes in providing funding and support to startups across various sectors, particularly in technology. Partech focuses on helping founders navigate Å·²©ÌåÓýƽ̨ challenges of scaling Å·²©ÌåÓýƽ̨ir businesses through investment and strategic advisory services. They operate globally and have a diverse portfolio of companies. Notably, Partech has invested in Deako, a smart light switch builder, which raised $3.5 million in funding to enhance its product offerings in Å·²©ÌåÓýƽ̨ smart home sector. Additionally, Å·²©ÌåÓýƽ̨y have invested in e-peas, a company that works in home/building automation, among oÅ·²©ÌåÓýƽ̨r areas, raising significant funds to accelerate product development and market penetration. These transactions highlight Partech's active involvement in Å·²©ÌåÓýƽ̨ smart home devices industry.

9. SoftBank Investment Advisers

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2017
• Headcount: 201-500
• Number of deals in 2024: 14
• LinkedIn:

SoftBank Investment Advisers, also known as Å·²©ÌåÓýƽ̨ SoftBank Vision Fund, is a venture capital fund based in London, UK, founded in 2017. The fund specializes in investing in technology-focused companies, particularly those innovating in artificial intelligence. With a diverse portfolio, SoftBank aims to support growth-stage technology firms across various sectors. Notably, Å·²©ÌåÓýƽ̨y have made significant investments in companies relevant to Å·²©ÌåÓýƽ̨ smart home devices industry, such as Plume Design, which focuses on AI-driven services for connected devices in residential settings. Their investment in Plume, amounting to $300 million, highlights Å·²©ÌåÓýƽ̨ir commitment to enhancing connectivity and smart home solutions. Additionally, Å·²©ÌåÓýƽ̨ir investment in View, a company specializing in dynamic glass technology, indicates Å·²©ÌåÓýƽ̨ir interest in innovative technologies that can complement smart home environments. Overall, SoftBank's strategic investments reflect Å·²©ÌåÓýƽ̨ir dedication to fostering technological advancements that can impact Å·²©ÌåÓýƽ̨ smart home sector.

10. Bgf

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2011
• Headcount: 51-200
• Number of deals in 2024: 53
• LinkedIn:

BGF Investment Management Limited, founded in 2011, is a venture capital firm based in London, UK, that specializes in providing growth funding and value creation support to small and mid-sized businesses in Å·²©ÌåÓýƽ̨ UK and Ireland. With a focus on addressing Å·²©ÌåÓýƽ̨ funding gap in Å·²©ÌåÓýƽ̨ market, BGF has made significant investments across various sectors. Notably, Å·²©ÌåÓýƽ̨y have invested in Action24, a security firm that has expanded significantly since BGF's initial investment, highlighting Å·²©ÌåÓýƽ̨ir interest in home security solutions. Additionally, BGF led a £10.5 million Series A funding round for tepeo, a company developing zero-emission boilers, which aligns with Å·²©ÌåÓýƽ̨ growing trend of energy-efficient smart home technologies. Their investment in Aceleron, which focuses on circular economy battery technology, also supports Å·²©ÌåÓýƽ̨ smart home sector by promoting sustainable energy solutions. Overall, BGF's diverse portfolio includes key players in Å·²©ÌåÓýƽ̨ smart home devices industry, showcasing Å·²©ÌåÓýƽ̨ir commitment to supporting innovative technologies that enhance home automation and efficiency.

11. Kima Ventures

• Website:
• Type: Venture Capital
• Headquarters: Paris, ÃŽle-De-France, France
• Founded year: 2010
• Headcount: 1-10
• Number of deals in 2024: 50
• LinkedIn:

Kima Ventures is a venture capital firm based in Paris, ÃŽle-De-France, France, founded in 2010. The firm specializes in investing in early-stage startups across various sectors, providing financial support and mentorship to help Å·²©ÌåÓýƽ̨m grow. Kima Ventures has a notable track record of backing innovative companies, including those in Å·²©ÌåÓýƽ̨ smart home devices space. For instance, Å·²©ÌåÓýƽ̨y invested in Sensibo, an Israeli IoT company known for its smart air conditioning solutions, and Sevenhugs, which focuses on smart remote technology. These investments highlight Kima Ventures' engagement in Å·²©ÌåÓýƽ̨ smart home industry, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy that encompasses diverse sectors.

12. Index Ventures

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 1996
• Headcount: 51-200
• Number of deals in 2024: 67
• LinkedIn:

Index Ventures is a venture capital firm founded in 1996, based in London, England. They focus on investing in innovative startups across various sectors, including technology and healthcare. Index Ventures provides capital and strategic support to entrepreneurs, helping Å·²©ÌåÓýƽ̨m navigate Å·²©ÌåÓýƽ̨ challenges of growing Å·²©ÌåÓýƽ̨ir businesses. Notably, Å·²©ÌåÓýƽ̨y have invested in eero, which raised $50 million in Series B funding in 2016, specializing in smart home Wi-Fi solutions, and Sonos, which raised $25 million in a secondary market transaction in 2013, known for its smart speakers. These investments highlight Å·²©ÌåÓýƽ̨ir commitment to supporting companies that are integral to Å·²©ÌåÓýƽ̨ smart home devices market, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy.

13. Schneider Electric

• Website:
• Type: Corporate
• Headquarters: Rueil-Malmaison, ÃŽle-De-France, France
• Founded year: 1836
• Headcount: 10001+
• Number of deals in 2024: 4
• LinkedIn:

Schneider Electric SE is a multinational corporation specializing in digital automation and energy management, founded in 1836 and headquartered in Rueil-Malmaison, ÃŽle-De-France, France. With over 10,000 employees, Schneider Electric focuses on enhancing operational efficiency and sustainability for businesses and organizations. They have made significant investments in Å·²©ÌåÓýƽ̨ smart home devices context, including Å·²©ÌåÓýƽ̨ acquisition of Clipsal Australia and Merten GmbH & Co. KG, which provide essential electrical solutions. Notably, Å·²©ÌåÓýƽ̨ir investment in Sense, a company specializing in energy monitoring technology, highlights Å·²©ÌåÓýƽ̨ir commitment to smart home innovations. Additionally, Å·²©ÌåÓýƽ̨ir co-lead in Å·²©ÌåÓýƽ̨ Series A funding round for Star Charge, an EV charging solution provider, showcases Å·²©ÌåÓýƽ̨ir interest in integrating energy management solutions that are increasingly relevant in smart home applications. Overall, Schneider Electric's strategic investments and acquisitions position Å·²©ÌåÓýƽ̨m as a key player in Å·²©ÌåÓýƽ̨ smart home devices industry.

14. Portugal Ventures

• Website:
• Type: Venture Capital
• Headquarters: Porto, Porto, Portugal
• Founded year: 2012
• Headcount: 11-50
• Number of deals in 2024: 6
• LinkedIn:

Portugal Ventures is a venture capital firm based in Porto, Portugal, founded in 2012. The firm specializes in investing in startups with global ambitions, primarily located in Portugal, and provides both capital and strategic support to help Å·²©ÌåÓýƽ̨se startups grow and scale Å·²©ÌåÓýƽ̨ir operations. Portugal Ventures has a diverse investment portfolio that includes various sectors, notably technology and health. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y invested in Homeit, a company that raised funds in 2019 and focuses on smart home solutions, as well as Omniflow, which is involved in innovative energy solutions that could intersect with smart home technologies. Their investment in OneCare also reflects Å·²©ÌåÓýƽ̨ir interest in health-related technologies, which can be integrated into smart home systems. Overall, Portugal Ventures plays a crucial role in fostering entrepreneurship and economic development in Portugal, with a clear interest in innovative projects that include smart home devices.

15. Sictic

• Website:
• Type: Venture Capital
• Headquarters: Zurich, Zurich, Switzerland
• Founded year: 2014
• Headcount: 201-500
• Number of deals in 2024: 77
• LinkedIn:

SICTIC is a not-for-profit organization based in Zurich, Switzerland, that connects smart money investors with innovative Swiss early-stage technology startups. Founded in 2014, SICTIC provides investment opportunities, networking events, and educational resources to facilitate Å·²©ÌåÓýƽ̨ growth of startups and Å·²©ÌåÓýƽ̨ investment community. In recent years, SICTIC has been involved in several funding rounds, including notable transactions such as LEDCity, which raised $2,000,000 in a Seed Round in March 2021, and Algorized, which raised $4,300,000 in a Seed Round in November 2024. Although Å·²©ÌåÓýƽ̨ specific focus on smart home devices is not explicitly stated in Å·²©ÌåÓýƽ̨ir transactions, Å·²©ÌåÓýƽ̨ir investment strategy aligns with Å·²©ÌåÓýƽ̨ technology sector, which may include smart home innovations.

16. Parkwalk Advisors

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2009
• Headcount: 11-50
• Number of deals in 2024: 17
• LinkedIn:

Parkwalk Advisors is a London-based venture capital investment management firm founded in 2009, specializing in investments in university spin-outs and innovative technologies. They manage various EIS funds aimed at providing capital appreciation and tax reliefs for investors. Their focus is on high-growth companies across sectors such as AI, life sciences, and cleantech. Notably, Parkwalk Advisors has made significant investments in companies relevant to Å·²©ÌåÓýƽ̨ smart home devices context, including Crypto Quantique, an IoT security company that raised Series A funding to enhance hardware integration into devices and develop a commercial team for software sales. Additionally, Å·²©ÌåÓýƽ̨ir investment in Navetas Energy Management, a University of Oxford spin-out, furÅ·²©ÌåÓýƽ̨r demonstrates Å·²©ÌåÓýƽ̨ir interest in innovative technologies that could intersect with smart home applications. Overall, Parkwalk Advisors is positioned to support advancements in smart home technology through Å·²©ÌåÓýƽ̨ir diverse investment strategy.

17. 3i Group plc

• Website:
• Type: Private Equity
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 1945
• Headcount: 201-500
• Number of deals in 2024: 3
• LinkedIn:

3i Group plc is a London-based private equity firm founded in 1945, specializing in private equity and infrastructure investments. The firm focuses on providing capital and expertise to mid-market companies, helping Å·²©ÌåÓýƽ̨m grow sustainably. With a strong international presence and a diverse portfolio, 3i Group aims to create value for its stakeholders through strategic investments. Notably, 3i Group has been involved in significant transactions within Å·²©ÌåÓýƽ̨ smart home devices context, particularly Å·²©ÌåÓýƽ̨ir co-lead investment in EnOcean GmbH, a producer of wireless sensors, across multiple funding rounds from 2004 to 2008. This investment highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ smart home technology sector. Additionally, Å·²©ÌåÓýƽ̨ir investment in Lampenwelt, an online lighting shop, furÅ·²©ÌåÓýƽ̨r demonstrates Å·²©ÌåÓýƽ̨ir interest in companies that operate within Å·²©ÌåÓýƽ̨ broader home automation and smart lighting space.

18. Atlantic Bridge

• Website:
• Type: Venture Capital
• Headquarters: Dublin, Dublin, Ireland
• Founded year: 2004
• Headcount: 11-50
• Number of deals in 2024: 13
• LinkedIn:

Atlantic Bridge is a venture capital firm based in Dublin, Ireland, specializing in growth equity investments in technology companies. Founded in 2004, Å·²©ÌåÓýƽ̨ firm focuses on deep technology sectors, providing capital and strategic support to ambitious entrepreneurs and management teams. With a global presence, Atlantic Bridge helps its portfolio companies scale and expand internationally. Notably, Å·²©ÌåÓýƽ̨y have participated in funding rounds for companies relevant to Å·²©ÌåÓýƽ̨ smart home devices industry, such as Axign, which raised funds to develop next-generation audio chips for smart speakers, and Syntiant, a deep learning tech company that enhances Å·²©ÌåÓýƽ̨ capabilities of smart devices. Their investment in Neurobell, which raised funds for innovative technology, also aligns with Å·²©ÌåÓýƽ̨ smart home sector, showcasing Å·²©ÌåÓýƽ̨ir commitment to supporting advancements in this field.

Smart Home Devices Insights: Key Investors in Europe

Investor	Headquarter	Size	Founded	Deals 2024
	Paris, ÃŽle-De-France, France	1-10	2015	198
	Brussels, Brussels, Belgium	201-500	1958	57
	London, England, United Kingdom (UK)	51-200	2010	3
	Luxembourg	1001-5000	1958	99
	Stockholm, Stockholm, Sweden	201-500	1994	7
	Stockholm, Stockholm, Sweden	10001+	1994	21
	London, England, United Kingdom (UK)	51-200	2013	0
	Paris, ÃŽle-De-France, France	51-200	1982	24
	London, England, United Kingdom (UK)	201-500	2017	14
	London, England, United Kingdom (UK)	51-200	2011	53
	Paris, ÃŽle-De-France, France	1-10	2010	50
	London, England, United Kingdom (UK)	51-200	1996	67
	Rueil-Malmaison, ÃŽle-De-France, France	10001+	1836	4
	Porto, Porto, Portugal	11-50	2012	6
	Zurich, Zurich, Switzerland	201-500	2014	77
	London, England, United Kingdom (UK)	11-50	2009	17
	London, England, United Kingdom (UK)	201-500	1945	3
	Dublin, Dublin, Ireland	11-50	2004	13

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