Artificial Intelligence
Hanwha’s Robust Financial Results: Significant $1Bn Revenue Achievement
August 20th, 2025Daikin’s 2025 Strategy: Major Acquisitions Boost HVAC & Data Center Growth
August 11th, 2025
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 […]
Startup Acquisitions Surge 60% in Smart Buildings: 10 Big Strategic H1 2025 Deals
In this Research Note, we review 10 notable acquisitions completed in H1 2025 by strategic buyers. These transactions are profiled in our recently published Startups in Smart Buildings H1 2025 Report. 42 acquisitions of startups founded since 2014 were identified in the report, over 60% increase in deal count compared to the same period last […]
Carnot’s Energy Optimization Solutions 2025 Expansion in Asia & Middle East
This Research Note examines Carnot Innovations, a Hong Kong-based smart buildings startup. We explore their AI-powered energy optimization solutions, deployments, funding, and partnerships. Carnot Innovations Profile Founded in 2018, Carnot Innovations has developed a proprietary AI Optimization and Analytics solution to control buildings in real-time, aiming to improve the operational and resource efficiency of buildings […]
Smart Building Startups Navigate Shifting Investment Landscape in 2025
The smart building startups ecosystem could be experiencing a point of inflection. While venture capital funding has cooled by 13% in the first half of 2025, merger and acquisition activity has exploded by over 60%, signaling a maturing market where consolidation trumps speculation. Our latest comprehensive analysis of 1,266 startups founded since 2014 reveals a […]
Techem’s Major €6.7B Acquisition by Partners Group to Drive Next Growth Phase
This Research Note examines what’s behind the announcement of the €6.7B acquisition of German submetering firm, Techem by Partners Group and a consortium of minority investors. We highlight the transaction details, ownership history, and strategic rationale, as well as reviewing Techem’s financials and device and services portfolio. Transaction Details Partners Group, GIC, TPG Rise Climate, […]
Axis Communications Reports Strong 7.4% Revenue Growth Despite Headwinds
In this Research Note, we examine the Axis Communications video surveillance business. This analysis is based on Axis Communications 2024 Sustainability Report published in June 2025, Canon 2024 Financial Results Presentation, published 30th January 2025, and Memoori analysis. Founded in 1984 with headquarters in Lund, Sweden, Axis Communications offers products and services for video surveillance […]
IoT Platforms Shift Beyond SaaS? Business Model Changes for 2025 & Beyond
Did you miss our live stream last week? We explored the complex ecosystem of IoT platforms reshaping how commercial buildings operate, from traditional office spaces to data centers. We examined the five technology tiers, analyzed the competitive landscape of unified versus specialized platforms, and investigated how artificial intelligence is fundamentally disrupting traditional software-as-a-service business models […]
Irisity’s 2025 Restructuring: Mixed Results Drive Strategic Changes
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on the 2024 Annual Report, the acquisition of Ultinous announced in February 2024, and the subsequent reshaping of group operations to strengthen its financial future. This article updates our previous coverage of Irisity in […]
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