The Internet of Things (IoT) landscape continues its rapid evolution, marked by significant funding rounds, strategic acquisitions, and the ongoing refinement of smart home and building technologies. This week’s developments highlight a sustained focus on efficiency, reliability, and the integration of artificial intelligence into connected devices, alongside continued discussions on the practical applications and limitations of emerging standards.
Verdigris Secures $10 Million for Enhanced Building Efficiency
Verdigris, a company dedicated to leveraging artificial intelligence and connected HVAC systems to improve building sustainability, has successfully closed a $10 million funding round. This significant investment, led by DCVC and Solea Energy, arrives in a challenging economic climate, underscoring the market’s confidence in Verdigris’s mission and technology. The company’s core offering focuses on optimizing energy consumption in commercial and industrial buildings through intelligent monitoring and control of heating, ventilation, and air conditioning (HVAC) systems.
The genesis of Verdigris’s journey traces back approximately eight years, when its founders were exploring the potential of integrating AI with connected HVAC to create greener buildings. The current funding round signifies not only the company’s continued presence in the market but also the growing recognition of the value proposition offered by companies that have long championed the application of IoT and AI for energy efficiency. In an era increasingly defined by the hype surrounding AI, Verdigris’s achievement demonstrates a mature and practical application of these technologies, moving beyond theoretical concepts to deliver tangible results in building performance.
The implications of this funding are substantial. With this capital infusion, Verdigris is poised to expand its sales and marketing efforts, bringing its smart building solutions to a wider audience. The company’s technology typically involves deploying sensors and intelligent devices within building infrastructure to collect real-time data on energy usage, environmental conditions, and system performance. This data is then analyzed by proprietary AI algorithms to identify inefficiencies, predict potential equipment failures, and automate adjustments to optimize energy consumption without compromising occupant comfort. The ability to reduce operational costs for building owners while simultaneously contributing to environmental sustainability positions Verdigris as a key player in the burgeoning smart building sector.
Nordic Semiconductor Acquires Atlazo’s TinyML IP, Bolstering On-Device AI Capabilities
Nordic Semiconductor, a leading provider of low-power wireless chips for the Internet of Things, has announced its acquisition of the intellectual property (IP) of Atlazo. Atlazo, a San Diego-based company, was focused on developing specialized technology for low-power microcontrollers (MCUs) optimized for machine learning applications. This strategic acquisition is described by Nordic Semiconductor as a "bolt-on" move, intended to enhance its product portfolio and deliver tangible benefits within the next 12 to 18 months.
The demand for on-device machine learning, often referred to as TinyML, has been steadily increasing. This trend is driven by the desire for greater privacy, reduced latency, and lower power consumption in IoT devices. By integrating Atlazo’s expertise in ultra-low-power MCUs tailored for AI, Nordic Semiconductor aims to provide its customers with more sophisticated and energy-efficient solutions. This is particularly relevant for applications such as sensor data analysis, predictive maintenance, and intelligent automation at the edge, where processing data locally is often more practical and cost-effective than relying on cloud-based solutions.
The integration of Atlazo’s technology will likely enable Nordic Semiconductor to offer MCUs that can perform complex machine learning tasks directly on the device, using minimal power. This is a critical advancement for battery-powered IoT devices, which need to operate for extended periods without frequent recharging. For example, smart wearables could leverage this technology for more advanced health monitoring, industrial sensors could perform real-time anomaly detection, and smart home devices could offer more responsive and personalized user experiences. The acquisition signifies Nordic Semiconductor’s commitment to staying at the forefront of IoT innovation, anticipating the evolving needs of the market for intelligent and power-efficient connected solutions.
ChargePoint Establishes Network Operations Center to Enhance EV Charging Reliability
ChargePoint, a prominent player in the electric vehicle (EV) charging infrastructure sector, has taken a significant step to bolster the reliability of its extensive network by establishing a dedicated Network Operations Center (NOC). This initiative aims to proactively monitor the health and performance of its over 243,000 EV charging stations deployed across the United States and Europe. The move comes in response to evolving regulatory landscapes, particularly new federal legislation that mandates specific uptime requirements for EV charging infrastructure to encourage wider adoption of electric vehicles.
The establishment of a NOC by ChargePoint is a critical development in ensuring a seamless charging experience for EV drivers. Historically, the reliability of public charging infrastructure has been a concern for many consumers, with instances of chargers being out of service or malfunctioning creating frustration and deterring potential EV adopters. A centralized operations center allows for real-time tracking of charger status, identification of performance issues, and rapid deployment of maintenance or repair teams. This proactive approach aims to minimize downtime and ensure that drivers can consistently access charging services when and where they need them.
The investment in a NOC can be seen as a strategic response to both regulatory pressures and market expectations. As the number of EVs on the road continues to grow, the demand for reliable and accessible charging infrastructure intensifies. By investing in robust operational oversight, ChargePoint is not only complying with new legislative mandates but also reinforcing its commitment to customer satisfaction and the long-term growth of the EV ecosystem. This move positions ChargePoint to better manage its large-scale network, optimize resource allocation for maintenance, and provide a more predictable and dependable charging experience, which is essential for building consumer confidence in electric mobility.
Video Doorbells: Security Theater or Essential Smart Home Component?
The efficacy of video doorbells as a security measure has come under renewed scrutiny, with a recent BBC article questioning whether these popular smart home devices amount to "security theater." This debate centers on the perceived benefits of video doorbells in deterring crime versus their actual impact on preventing incidents like package theft. While these devices offer convenience and a visual record of activity at one’s doorstep, their effectiveness in actively thwarting criminals is a point of contention.
Proponents argue that video doorbells provide a valuable deterrent and a means to identify perpetrators after an incident. The presence of a visible camera can discourage potential thieves, and the recorded footage can be crucial evidence for law enforcement. Furthermore, features like two-way audio allow homeowners to interact with visitors remotely, enhancing security and convenience.
However, critics, including some interviewed in the BBC report, point to the adaptive nature of opportunistic criminals. Porch pirates, for instance, may simply resort to wearing masks or other disguises to obscure their identity, rendering the video footage less useful for identification. The concept of "security theater" suggests that while these devices may create a feeling of enhanced security, their actual preventative impact might be limited.
The discussion raises broader questions about the role of smart home technology in personal security. While devices like video doorbells offer a layer of monitoring, they are not infallible. The effectiveness of any security system often depends on a combination of technology, human vigilance, and situational awareness. As the market for smart home security devices continues to grow, ongoing evaluation of their real-world impact and limitations is crucial for consumers to make informed decisions about their home security investments.
Shelly Introduces Premium Subscription for Enhanced Energy Management
Shelly, a manufacturer of smart home devices, has launched a premium subscription service aimed at providing users with advanced energy management features. This move reflects a growing trend among smart home device makers to explore recurring revenue streams beyond the initial hardware purchase. The subscription service, priced at €3.99 (approximately $4.34) per month, is currently available to European customers and has also been rolled out in the U.S.
The premium offering provides subscribers with a suite of features designed to help them monitor and reduce their electricity consumption. These include:

- Smart Notifications: Alerts when lights are accidentally left on, or when appliances consume more or less electricity than their typical usage patterns.
- Detailed Consumption Monitoring: Tools to track the energy usage of individual devices connected to Shelly’s ecosystem.
- Personalized Insights: Data-driven recommendations for optimizing energy consumption and identifying potential savings.
Shelly claims that by utilizing these features, users can potentially reduce their electricity bills by up to 18%. This proposition makes the subscription a compelling option for cost-conscious consumers seeking to gain better control over their household energy expenses. The integration of energy management capabilities into smart home platforms is a logical extension of IoT’s potential to optimize resource usage. As energy costs continue to fluctuate, and environmental consciousness grows, such services are likely to become increasingly popular. The success of Shelly’s premium subscription will likely depend on its ability to consistently deliver tangible cost savings and user-friendly insights.
Speculation Mounts on Potential Google Nest Spin-off
Recent reports from The Information suggest that Verily, one of Alphabet’s "other bets" focused on life sciences, is preparing to transition away from Alphabet’s corporate services in anticipation of a potential spin-off in late 2024. This development has fueled speculation about similar moves for other Alphabet "other bets," including the Google Nest division, which is a significant player in the smart home market.
The rationale behind such potential spin-offs often centers on increasing financial transparency and operational focus. Alphabet’s structure, with its various subsidiaries operating under the "other bets" umbrella, can sometimes obscure the performance of individual ventures. By spinning out divisions, Alphabet could potentially unlock greater value and allow these businesses to operate with more autonomy and tailored strategies.
This speculation gains traction when considering Alphabet’s recent emphasis on financial discipline and profitability, exemplified by the promotion of Ruth Porat, who has been instrumental in streamlining unprofitable Google services. Furthermore, Google’s apparent pullback in support for some Nest displays could be interpreted as a precursor to such a strategic shift. If Google Nest were to be spun out, it would have considerable implications for the smart home ecosystem. Such a move could lead to a more agile and focused Nest product development, potentially spurring innovation or, conversely, leading to a reallocation of resources that could impact the breadth of its offerings. The smart home market is highly competitive, and any significant change in a major player like Google Nest would undoubtedly reverberate across the industry, influencing product roadmaps and partnership strategies of competitors and collaborators alike.
Aqara LED Strip Gains Matter Support, But With a Key Limitation
Aqara’s latest product, the LED Strip Lights T1, has been released with support for the Matter smart home standard, offering consumers a more unified approach to smart home integration. Priced at $49.95, this new light strip joins other Matter-enabled devices, promising compatibility with a range of smart home platforms, including Apple HomeKit, Google Home, and Amazon Alexa.
The inclusion of Matter support is a significant positive, aligning with the industry’s push towards interoperability. Matter aims to simplify the smart home experience by allowing devices from different manufacturers to communicate seamlessly. This means users can potentially control the Aqara T1 strip using their preferred smart home ecosystem without needing a proprietary hub from Aqara.
However, a notable drawback has emerged concerning a popular feature: Adaptive Lighting. This functionality automatically adjusts the brightness and color temperature of lights throughout the day to mimic natural daylight patterns, promoting better sleep and well-being. While the Aqara T1 strip is capable of Adaptive Lighting, this feature is only accessible when Matter is not used for connectivity. To enable Adaptive Lighting, users must opt for a Zigbee connection, which requires an Aqara hub. This creates an "either-or" scenario for users, forcing a choice between the universal compatibility of Matter and the advanced lighting feature.
This situation highlights the current state of Matter implementation, where the standard, while promising, is still evolving and may not yet support all advanced features available through proprietary protocols. For consumers prioritizing broad compatibility, the Matter option is appealing. For those who value specific features like Adaptive Lighting and are already invested in the Aqara ecosystem, the Zigbee route remains the preferred choice. The ongoing development of Matter will likely address such limitations in future updates, aiming to deliver a more comprehensive and unified smart home experience.
DIY Non-Cloud Video Doorbell Offers Privacy-Focused Alternative
For consumers prioritizing privacy and seeking an alternative to cloud-dependent smart home devices, a new do-it-yourself (DIY) video doorbell project has emerged. This innovative solution leverages an ESP32 microcontroller and open-source software to create a privacy-centric video doorbell that operates without relying on third-party cloud services.
The project, detailed by CNX Software, provides instructions for building a video doorbell using readily available components. The ESP32, a popular low-power microcontroller with integrated Wi-Fi and Bluetooth, serves as the core of the device. Coupled with an ESP-CAM module, it enables video capture and transmission. The use of open-source firmware, such as ESPHome, allows for customization and integration with popular DIY smart home platforms.
The current implementation of this DIY video doorbell is designed to work with Home Assistant, a widely adopted open-source home automation platform. This integration allows users to receive video feeds and potentially interact with visitors through their Home Assistant dashboard. The privacy advantage of this approach is significant, as all video data remains within the user’s local network, eliminating the concerns associated with sending sensitive footage to external servers.
While this project requires a degree of technical proficiency, it offers a compelling option for privacy-conscious individuals who want to build their own smart home devices. The adaptability of the ESP32 and open-source software means that this project could potentially be integrated with other DIY-style smart home hubs, further expanding its appeal to a broader audience seeking greater control and transparency in their connected homes.
Second-Generation EveCam Expected Next Month with HomeKit Focus
A new iteration of the EveCam, a HomeKit-secure video camera, is reportedly slated for release next month, with an anticipated debut at the upcoming IFA event. While details are still emerging, FCC documentation for a new Eve webcam suggests an updated model designed for enhanced functionality and a compact form factor.
The forthcoming EveCam is expected to feature support for both 2.4 GHz and 5 GHz Wi-Fi networks, offering greater flexibility in network connectivity. Its small, 50mm square footprint indicates a design prioritizing discreet placement within the home. This aligns with Eve’s existing product philosophy, which emphasizes privacy and integration within the Apple HomeKit ecosystem.
Despite Eve Home’s recent expansion of Matter support for some of its products, the new EveCam is highly likely to remain a HomeKit-exclusive solution. The Matter specification currently does not include support for webcams, meaning that cameras utilizing the standard would need to rely on proprietary protocols for full functionality. This focus on HomeKit ensures seamless integration with Apple devices and services, providing users with a secure and private video monitoring experience.
The second-generation EveCam’s release underscores the continued demand for secure, privacy-focused home surveillance solutions, particularly among users invested in the Apple ecosystem. Its anticipated debut at IFA, a major consumer electronics trade show, suggests Eve’s commitment to showcasing its latest innovations on a global stage. The focus on HomeKit compatibility, coupled with the promising technical specifications, positions the new EveCam as a strong contender in the premium home security camera market.
