What is Miru?
Miru Smart Technologies is fundamentally disrupting the eWindow landscape through a patented, high-efficiency production process. By focusing on electrochromic solutions that dynamically adjust to environmental conditions, the company provides a critical tool for modern architecture to meet stringent net-zero carbon mandates. Their technology is engineered to lower production costs while simultaneously enhancing the thermal performance of buildings, thereby reducing the energy load required for climate control. This dual-value proposition positions Miru as a key player in the intersection of PropTech and climate-tech, serving a diverse client base that spans from high-end residential developers to large-scale automotive manufacturers seeking to integrate smart glass into their vehicle designs.
How much funding has Miru raised?
Miru has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2024): $20M with participation from TNG Capital Partners, Greensoil PropTech Ventures, and BDC Capital Management
Key Investors in Miru
TNG Capital Partners
TNG Capital Partners LLC is an investment banking firm that provides strategic financial advisory and capital support to growing enterprises.
Greensoil PropTech Ventures
Greensoil PropTech Ventures is a specialized venture capital firm focused on transforming the built environment through sustainable, innovative, and decarbonization-focused solutions.
BDC Capital Management
BDC Capital Management is an independent investment advisory firm that provides comprehensive financial planning and values-based investment strategies.
What's next for Miru?
With the successful closure of this major enterprise-level funding, Miru is poised to optimize its supply chain and expand its distribution networks. The strategic roadmap likely involves scaling production capacity to meet the rising demand for smart building materials that contribute to LEED certification and overall building sustainability. As the company moves forward, the focus will shift toward deepening its penetration in the automotive sector and refining its electrochromic performance metrics to maintain a competitive edge. Investors are closely watching how Miru utilizes this capital to bridge the gap between innovative laboratory breakthroughs and mass-market adoption, ultimately aiming to set a new industry standard for energy-efficient glass solutions.
See full Miru company page
