Commercial Buildings
Technovator Faces a Critical 2026 After 18.7% Revenue Fall
August 27th, 2026Honeywell Technologies Forge Targets 9M Connected Assets by 2028
August 25th, 2026
SCorp-io: French Scale-Up Providing BMS to Over 300 Medium-Sized Commercial Buildings
This Research Note examines SCorp-io, a French scale-up providing building management systems (BMS) for medium-sized commercial buildings. We highlight the gap in the French market for energy management in medium-sized buildings, comment on deployments and funding raised by SCorp-io, as well as competition in the European market. SCorp-io is one of 169 startups funded in […]
Comelit Targets €300m by 2030 with Ritto Acquisition from Schneider Electric
This Research Note examines the acquisition of Ritto door entry systems by Comelit Group from Schneider Electric in July 2026. We highlight the transaction details, Ritto’s development and Comelit’s financials and strategy, before assessing the rationale for the Schneider Electric divestment. This article updates our coverage of Comelit in May 2024. Transaction Details The agreement […]
Gunnebo Entrance Control Sold: Inside ASSA ABLOY’s 2026 Deal
This Research Note examines the ASSA ABLOY agreement to acquire the Gunnebo Entrance Control business. We highlight the transaction details, the target business unit profile and strategic rationale of the deal before assessing ASSA ABLOY’s acquisition strategy. Transaction Details On 5th August 2026, ASSA ABLOY announced an agreement to acquire Gunnebo Entrance Control, an international […]
PingCx Acquired: Facility Grid’s 2026 Building Lifecycle Bet
This Research Note examines the recent acquisition of PingCx by Facility Grid. We highlight the transaction details and the strategic rationale for the deal before commenting on the target company and drawing on our recent research on Digital Twin & AI Startups Across the AEC/O Lifecycle. Transaction Details Facility Grid, a provider of cloud-based commissioning […]
Shelly Group: Will Schneider Electric Buy It for €1.3 Billion?
This Research Note examines a potential acquisition of Shelly Group, a European public company based in Bulgaria that provides IoT and smart home solutions, by Schneider Electric. We explore the target company, its market, financial performance, and fit with Schneider Electric. This Research Note updates our previous coverage of the group in January 2025. Reported Tender […]
Energy Management Startups Won 49% of Smart Building Funding in H1 2026
Follow the money in smart buildings this year and it leads, overwhelmingly, to one place: energy. Building energy management startups captured 49% of all investment value in the sector in H1 2026, over $2.6 billion across 57 funding rounds In our new report, Startups in Smart Buildings H1 2026, we break down exactly where that […]
8 Incumbents Betting Big on Smart Building Startups in 2026
In the first half of 2026, 23% of strategic investments in smart building startups involved a major industry player, participating either as sole investor or as part of a funding round. The incumbents are no longer observing the startup ecosystem from a safe distance. They are actively shaping it. Our new report, Startups in Smart […]
Budderfly Surges Past $250M Revenue: 3 Years of 66% Growth
In this Research Note, we examine Budderfly, the US Energy Efficiency-as-a-Service (EEaaS) company focused on Small and Medium-sized Enterprises (SMEs) and franchise businesses. This analysis covers their business model, funding, majority ownership, acquisitions, partnerships, and growth since our coverage of the company in January 2024. Budderfly Profile Founded in 2007 and headquartered in Shelton, Connecticut, […]
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