Building Decarbonization
Investment Analysis H1 2025: Energy Management Captures 46% of Smart Building Funding
August 12th, 2025Daikin’s 2025 Strategy: Major Acquisitions Boost HVAC & Data Center Growth
August 11th, 2025
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 […]

Kaer Secures $350 Million to Dominate Low-Carbon Cooling Across Asia
This Research Note examines the recent strategic investment by Patrizia and Mitsui in Singapore-based Kaer. We highlight the As-a-Service business model and the strategic investments targeting up to USD 350 million in capital deployment which aim to accelerate the transition to low-carbon cooling in Asia. Kaer Profile Established in 1993 in Singapore, Kaer designs, builds, […]

Energys Group Completes $10.125m IPO: Key Insights from the 2025 Listing
In this Research Note, we examine the IPO of Energys Group, a UK energy efficiency and decarbonization solutions provider, having completed a Nasdaq listing on 2nd April 2025. We highlight the strategic implications of the listing, positioning it for expansion and increased visibility. Energys Group Profile Energys Group Limited is a holding company headquartered in […]

CarbonQuest Aiming to Reduce Building CO2 Emissions with Carbon Capture
In this Research Note, we examine CarbonQuest, a US startup that has developed a decarbonization solution that captures CO2 from buildings before it is emitted to the atmosphere. CarbonQuest Profile Founded in 2015, CarbonQuest, (formerly NextWatts, Inc.) is headquartered in Spokane, Washington with a commercialization team in New York City. The startup has developed a […]