European Union
aedifion: HVAC Optimization StartUp Grows Revenue 86% in 2025
July 6th, 2026iLOQ 2025 Revenue Grows 17% to €150 Million
June 30th, 2026
Position Green: 3 Acquisitions Building Out the European ESG Platform
Position Green is a specialist Nordic provider of ESG reporting software and consulting services for businesses. A majority stake in the company was acquired by Norvestor, a Nordic private equity firm in April 2022, Position Green combines ESG business advisory services with a software suite to support corporations in advancing their sustainability agendas. The integrated […]
CAREL: Strong Growth to €629M Fuels Pivot Beyond HVAC Components
This Research Note examines Carel Industries SpA, an Italian public company manufacturing control products for HVAC and refrigeration applications. We highlight their latest 2025 financial results, revised strategy and product and service development in 2025. This article updates our previous coverage of the company in July 2023. Carel Group Profile Established in 1973, the Carel […]
Fagerhult’s 3-Year Sales Decline & 2026 Rebuild Strategy
This Research Note explores the business activities and financial highlights of the Fagerhult lighting group, based on their 2025 results, investor presentation, and their latest annual report. This article updates our previous coverage of the group in March 2025. Fagerhult Profile The Fagerhult Group is one of Europe’s leading lighting companies with 4,100 employees in […]
Assemblin Caverion: A Closer Look at the €3.7B Building Services Giant
This Research Note examines Assemblin Caverion in 2025 and 2026, following the completed merger in April 2024. We explore group strategy, the first full year of financial results and highlight recent activities and acquisitions in the smart buildings sector. This article updates our previous coverage of the group in March 2024, November 2022, and September […]
Beckhoff Automation Reports 6% Growth in Revenues to €1.24B
In this Research Note, we examine Beckhoff, a German family-owned industrial automation business, their 2025 financial highlights, 2026 outlook and a recent building automation deployment. This article updates our previous coverage of the company in May 2025. Beckhoff Automation Profile Founded in 1980, Beckhoff Automation GmbH & Co. KG has 5,450 employees worldwide (March 2025), […]
Bisly Review 2026: Inside the €13m Backed Platform Pushing Mid-Market Building Automation
This Research Note examines the Estonian firm, Bisly, the 2026 winner of the ABB Smart Buildings Startup Challenge. This article updates our coverage of the startup in June 2024, with new data on deployments, revenue growth, latest funding and market presence. ABB 2026 Smart Buildings Startup Challenge In its seventh year, the ABB 2026 Startup […]
Flowscape’s Workplace Management Platform Hits Profit in 2025
In this Research Note, we examine the Swedish workplace management solutions vendor, Flowscape Technology AB, based on their year-end report for 2025, issued on 18th February 2026. This article updates our previous Research Note in May 2025. Flowscape is a small SaaS provider of digital workplace solutions for the hybrid office. The business concept was […]
Climate Capital Flight: Why 58% of Building Energy Funding is Now Flowing to Europe
Something significant is happening in smart building investment. Climate capital, the money that funds the technology used to decarbonize our buildings, is shifting. Not dramatically, not overnight, but measurably and consistently. From the US toward Europe. And the data from our latest startups report tells the story clearly. In our latest, subscriber-only video, we break […]
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