Energy Efficiency
Indian Innovation: 11 Smart Building Startups Gaining Traction
March 18th, 2025Trends Powering the Smart Building Market to 4Bn IoT Devices by 2030
March 3rd, 2025
Carrier HVAC Business & 2024 Financials Examined
In this Research Note, we examine the HVAC and building automation business of Carrier, based on their Q4 Earnings Presentation and Conference Call, 11th February 2025, and 2024 10K Report, covering their financial performance and aftermarket and digital business. Carrier Profile Following its portfolio transformation over the last 2 years, Carrier Global Corporation has repositioned […]
Airthings Indoor Air Quality Business & 2024 Financials Examined
In this Research Note, we examine Airthings ASA, a Norwegian public company focused on indoor air quality sensing. This analysis highlights their Q4 and Full Year 2024 financial report, including financials for their operating segments offering consumer devices and air quality solutions to schools, offices and other commercial buildings. Airthings Profile Airthings produces IoT devices […]
French Sustainability Software Provider Deepki Examined
This Research Note looks in-depth at Deepki, a French ESG platform provider offering a SaaS solution that uses data intelligence to guide real estate players in their net-zero transition. We examine the maturing software startup, its external funding, acquisitions, and deployments, and provide our view on their business. Deepki Profile Co-founded in 2014 by CEO […]
Trane Technologies Commercial HVAC Business & 2024 Financials Examined
In this Research Note, we examine the commercial HVAC business of Trane Technologies. This article is based on the announcement of their Q4 and full-year 2024 results, investor presentation, and transcript of 30th January 2025. We also highlight the progress of Trane’s digital building services through connected buildings and assets, its recent acquisitions, and its […]
Consolidation in the Smart Buildings Startups Space 2024
Based on analysis from our latest research, Startups in Smart Buildings 2025, we examine M&A activity in the commercial buildings startups space. PitchBook has reported that M&A activity across all sectors in 2024 increased by 14% in volume and 19% in value YoY. In fact, deal activity reached its highest annual count ever, finishing with […]
ABB Electrification Business & 2024 Financials Explored
In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide […]
Signify’s Lighting Business & 2024 Financials Examined
In this Research Note, we examine the lighting business of Signify, based on their 2024 annual results announced on 24th January 2025 including the revised organization of four verticalized businesses, implemented in April 2024 and their guidance for 2025. Signify, headquartered in Eindhoven, the Netherlands, is the global vendor of conventional lighting, LED, and connected […]
Smart Building Startup Investment Reached $6.9Bn in 2024
Our new research shows that funding from venture capital, private equity, and corporate backers for smart building startups reached $6.9 billion in 2024, the 3rd highest year in value since 2015. This funding was spread across 279 funding rounds, a 17% increase on 2023. We identified 1,331 startups founded since 2013 in the management and operations […]
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