European Union
Vitaprotech’s 2025 Consolidation: New 4-Channel Strategy Simplifies Structure
June 13th, 2025Energisme’s New 2025 Services Strategy Targets Positive EBITDA
June 4th, 2025learnd SE Reports Strong 73% Revenue Growth
In this Research Note, we examine learnd SE, a Luxembourg public company operating in the UK and Ireland as a BMS integrator and energy management service provider. We focus on their 2024 financial results, announced on 30th April 2025, 2024 Annual Report, and Annual Results Presentation. This article updates our previous coverage of learnd’s buy-and-build […]
Trade Tensions in 2025: Smart Building Market Fragmenting?
2025 has so far been a year defined by international trade tensions, triggered by the economic policies of US President, Donald Trump. The consequences of these tensions go beyond the daily headlines, and we are continuing to see major impacts across the global economic landscape, including all major smart building markets. Recent macroeconomic indicators highlight […]
Beckhoff Predicts Recovery after Posting 33% Decline in 2024 Revenues
In this Research Note, we examine Beckhoff, a German family-owned industrial automation business, and its reaction to a sharp decline in 2024 revenues, announced on 31st March 2025. We also highlight a recent partnership and deployment in its building automation division. This article updates our previous coverage of the company in October 2024. Beckhoff Automation […]
aedifion’s AI HVAC Optimization Platform Reports Solid Growth in 2024
In this Research Note, we examine aedifion, a German AI HVAC optimization startup which has over 400 buildings under management, accounting for more than 4.2 million square metres. aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, offering an AI-enabled platform for energy optimization in non-residential buildings. The firm was established by Dr.-Ing. […]
LumenRadio’s 73% Growth in Building Controls Segment Reveals Strategic Shift in 2024
This Research Note examines the wireless IoT business of LumenRadio AB, a Swedish public company listed on Nasdaq First North Growth market. We focus on the company’s 2024 financial highlights and business segment results, based on their Year-End Report 2024, published 26th February 2025. We previously covered the company IPO in 2022, and 2023 financial […]
Soletair’s Building Integrated Carbon Capture Business Examined 2025
This Research Note explores the building integrated carbon capture business of Soletair Power, a Finnish startup founded in 2016. We examine how their Direct Air Capture (DAC) technology works and highlight their funding, strategic investors, and partnerships before commenting on the competitive landscape. Soletair Power Profile Soletair Power Company Profile, September 2024 Direct air capture […]
Fagerhult Group Lighting Business & 2024 Financials Examined
This Research Note explores the business activities and financial highlights of the Fagerhult lighting group, based on their 2024 results announced 19th February 2025 and Company Presentation, May 2024. We also highlight the progress of the company’s smart connected lighting activities in the past year, with their Organic Response brand. We previously covered the company […]
Plejd Smart Lighting Business & 2024 Financials
In this Research Note, we explore the smart lighting controls business of Plejd AB, a Swedish public company supplying the Nordic market. We explore their 2024 financial highlights, CEO commentary, market development, and channel approach, based on their 2024 Year-End Report, which was published on 7th February 2025. Plejd Profile Founded in 2009 and headquartered […]