Articles
Legence IPO Filing 2025: Financial & Market Position Analysis
August 19th, 2025Haltian Reports Strong 26.2% Revenue Growth & Healthcare Expansion
August 18th, 2025
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 […]

Investment Analysis H1 2025: Energy Management Captures 46% of Smart Building Funding
This Research Note examines notable funding trends in the smart building startups landscape in H1 2025. This article is based on research for our recently published Startups in Smart Buildings Report. We highlight the major segment which received most investments, the increases in average size of funding rounds and notable strategic buyers who invested in […]

Daikin’s 2025 Strategy: Major Acquisitions Boost HVAC & Data Center Growth
In this Research Note, we examine Daikin, the Japanese headquartered air conditioning manufacturer and the group’s North American strategy to strengthen its HVAC equipment and controls business for commercial and industrial buildings. Our article is based on their FY 2024 results, published 8th May 2025, investor presentations, press releases, and Memoori analysis. It updates our […]

Automated Logic Powers 2025 Growth With 3 New Strategic Acquisitions
This research note examines the Automated Logic (ALC) business of Carrier Global. It highlights the commercial building control solutions and services offered by the company through field service contractors, recent Automated Logic acquisitions and its vertical market focus on the data center market. Our research is based on Carrier’s 2025 Investor Day Presentation, 19th May […]

Smart Joules Analysis: India’s Growing Energy Efficiency Startup 2025
This Research Note examines Smart Joules, one of 11 Indian smart building startups recognized as gaining traction in our March 2025 Research Note. We explore the company’s solutions and services, external funding, vertical markets, deployments, and competition. Smart Joules Profile Smart Joules claims to be India’s leading energy efficiency company. Founded in 2014 by CEO Arjun […]

Allegion’s Investment Strategy: 20 Startups Expanding Their Technology Horizon
This Research Note examines Allegion’s relationships with smart building startups over the last 6 years. We highlight recent startup acquisitions, venture capital investments, and strategic alliances which complement their predominantly mechanical security products and systems business. This article updates our previous Research Notes in March 2025 on Allegion’s strategic direction and our coverage of the […]

Pavegen’s Hong Kong Deal Signals 2025 Smart City Breakthrough
This Research Note examines Pavegen, the UK smart flooring startup. We highlight the company’s technology offerings, business model, financial highlights, and external fundraising initiatives before assessing key deployments to date and future growth plans. This article is based on Pavegen’s July 2025 investor presentation and Memoori analysis. Pavegen Profile Founded in 2009 in the UK by […]

Secom Strengthens Global Presence with Strategic $60m Avtel Acquisition
This Research Note examines Secom’s strategic acquisition of Singapore-based security systems integrator, Avtel, highlighting the transaction details, strategic rationale, global operations, and reported revenues of the target. We explore Secom’s expansion strategy and comment on its current and previous investments beyond Japan. Transaction Details & Strategic Rationale Secom Co. Ltd. announced on 25th July 2025 […]