Smart Buildings

10 Notable Strategic Investments in the Smart Buildings Space in 2023

This Research Note reviews strategic investments in the smart buildings space over the last 12 months. A diverse range of corporate stakeholders – commercial real estate service firms, building owners and operators, vendors of building automation systems and HVAC equipment firms – have continued to fund startups with innovative technology platforms and business models.   Investments in building energy efficiency, building-to-grid technologies, HVAC optimization, sustainability and ESG solutions have been the predominant focus in the broad energy management space.  10 Notable Smart Buildings Investments by Strategic Buyers Lincoln Property Company In February 2023, Gridium Inc., a US energy data analytics software partner for real estate firms, announced total funding of over $14M from investors who see the potential to decarbonize commercial buildings. Lincoln Property Company participated in providing additional equity funding following a year of record revenues across Gridium’s software and decarbonization project financing offerings. Gridium has been adopted across Lincoln Property Co’s portfolio. In May […]

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Most Popular Articles

Legence 2025 IPO
Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering.  We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]

Haltian IoT Devices
Smart Buildings

Haltian Reports Strong 26.2% Revenue Growth & Healthcare Expansion

In this Research Note, we examine Haltian Oy, the Finnish developer of IoT hardware and software solutions for the built environment. This analysis, updating our September 2024 article on Haltian, focuses on the company’s recently launched products and solutions, its financial performance 2020 – 2024, funding, and deployments. Haltian Profile Founded in 2012, Haltian is […]

Nordomatic 2025
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Nordomatic Reports Strong Growth: Key Insights from 2025 Market Position

This Research Note explores Nordomatic Group, one of the leading independent building management systems integrators in Europe. We examine software offerings, group ownership, and M&A strategy in the past 12 months before assessing financial results, based on public records, press releases, and Nordomatic 2024 Sustainability Report. This article updates our previous coverage of Nordomatic’s strategic […]

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