Building Decarbonization
Facilio’s Unified Building Operations Strategy: Solid Revenue Growth in 2024
September 8th, 2025Acquisitions Up, Investment Down: Is there a 2025 Smart Building Startup Reality Check?
September 1st, 2025Equans Reports Strong €19.2 Billion Revenue Performance
This Research Note examines Equans, a €19.2 billion business unit of Bouyges group, which offers a wide range of multi-technical services that contribute to increasing the overall performance of buildings. We review their building services portfolio and 2024 revenues before highlighting Equans Digital activities in the smart buildings space. This article updates our previous coverage of […]
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 […]
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 […]
METRON Targets 2025 Breakeven with Global Growth Strategy
This Research Note takes an in-depth look at METRON, a French energy optimization startup offering an energy performance and carbon emissions reduction platform for multi-site industrial and commercial enterprises. We examine the company profile, external funding, regional presence, acquisitions, and partnerships, and conclude the analysis with our own view. METRON Profile Founded in 2013, by […]
Utopi Achieves Strong 2025 Growth in Decarbonizing Student Accommodation
This Research Note examines Utopi, a Scottish IoT device startup that has gained traction in the Purpose-Built Student Accommodation (PBSA) market. We explore the firm’s software and hardware offerings, deployments, funding, and financial highlights. Utopi Profile Founded in 2019 in Lanarkshire, Scotland by Ben Roberts, Falk Bleyl, John Trower, and CEO Jonathan Burridge, Utopi Ltd […]
Azbil’s Building Automation Profits Surged 26% in 2024
In this Research Note, we examine Azbil, a Japanese public company with a leading position in the domestic building automation market. The financial highlights and FY2025 outlook for the Building Automation business are based on their FY2024 annual results, year ending 31st March 2025, investor presentation, 13th May 2025, Annual Reports, and Memoori analysis. See […]
Investment Patterns Shift in 2025: Smart Building Analysis
“In 2025, the convergence of macroeconomic uncertainty, capital market tightening, and renewed supply chain disruptions is altering investment patterns and strategic priorities across the technology landscape,” states our latest research on the Internet of Things (IoT) platforms market in commercial buildings. Many technology supply chains have only recently recovered from the disruptions caused by the […]