Smart buildings
8 Incumbents Betting Big on Smart Building Startups in 2026
July 22nd, 2026Budderfly Surges Past $250M Revenue: 3 Years of 66% Growth
July 21st, 2026
ADT UK Residential Sold for £180M: Inside Johnson Controls Divestment Strategy
This Research Note examines the latest divestment ofJohnson Controls: the ADT UK residential security monitoring business is being sold to Intelligent Monitoring Group (IMG), a security services provider across Australia and New Zealand. We highlight the transaction details and strategic rationale before commenting on the overall divestment strategy in Johnson Controls fire and security businesses. […]
Investment in AI Construction Startups Doubles to $616M in H1 2026
This Research Note examines investment trends across the Architecture, Engineering & Construction (AEC) lifecycle, drawing on our Startups in Smart Buildings Report H1 2026, which analyzed early-stage AEC startups developing AI-powered platforms for workflows, productivity and evidence-based decision-making. A Software Landscape in Transformation The AEC software landscape is being reshaped by a wave of early-stage […]
Irisity’s Turnaround Strategy Progresses Towards Positive EBITDA
In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on their 2025 Annual Report, 18th May 2026, and Q1 2026 results, 29th May 2026, as the company continues to implement its turnaround strategy to improve their financial results and create a path […]
Albireo Energy Reports 13% Service Revenue Growth & PASCO Deal
This Research Note examines Albireo Energy, the largest independent building control systems integration and energy services company in the U.S. We explore their 2025 financial highlights, their strategy, and their latest acquisition, PASCO Building Automation Systems. This article updates our July 2025 Research Note on the company. Albireo Energy Profile Founded in 2014, Albireo Energy, […]
Smart Building Startups Rebound: Funding Jumps 71% in H1 2026
Smart building startups are back in favor with investors. In the first half of 2026, we tracked 169 funding rounds worth more than $5.3 billion flowing into young companies serving the commercial buildings sector. That represents a 71% jump in value compared with the same period last year, and 34% more deals. After three years […]
Hikvision 2026 Outlook: Can the Video Surveillance Leader Reignite Growth?
In this Research Note, we examine the Chinese video surveillance giant, Hikvision (Hangzhou Hikvision Digital Technology Co., Ltd.), focusing on its strategic shift, business organization, and 2025 results, based on its Annual Report and Investor Presentation in April 2026. This article updates our previous coverage of the company in May 2025. Hikvision Profile & Strategy […]
aedifion: HVAC Optimization StartUp Grows Revenue 86% in 2025
This Research Note examines aedifion, a German HVAC optimization startup, its growth in 2025/2026, and external funding before highlighting their recent collaboration with two other DACH smart building startups, Optiml and Green Fusion. This article updates our previous coverage of aedifion in April 2025. Aedifion Profile aedifion GmbH is a startup based in Cologne, Germany, […]
iLOQ 2025 Revenue Grows 17% to €150 Million
In this Research Note, we examine the Finnish digital locking innovator iLOQ, based on the financial statements of Capnor Weasel Bidco Oyj, iLOQ’s parent company, published 14th April 2026 and the 2025 iLOQ Annual Report. We review the group’s 2025 financial highlights, its regional performance in the Nordics, Central Europe, and North America, and the […]
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