Daikin Applied has invested in Poppy to enhance energy efficiency and indoor air quality in commercial buildings through innovative HVAC technologies.
Information on the Target
Poppy is a cutting-edge company that specializes in advanced air technology, particularly in optimizing indoor air quality and energy efficiency through intelligent HVAC systems. Founded in Silicon Valley in 2019 by an exceptional team that includes leaders from Meta, Microsoft, and MIT, Poppy has developed pioneering technologies that transform building ventilation from a complicated process into a streamlined tool for improving occupant health and achieving significant energy savings. With its patented real-time air-tracing and ventilation optimization solutions, Poppy helps building owners and operators visualize air performance, reduce energy waste, and enhance compliance with industry standards.
Since its inception, Poppy has made substantial contributions to the field, measuring over 50 million square feet of space across various sectors, including commercial offices, healthcare, education, and hospitality. The company's expertise in identifying over-ventilation and under-ventilation issues allows it to provide actionable insights that can lead to enhanced energy efficiency and lower utility costs, ultimately benefiting both operators and occupants.
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Industry Overview in the Target’s Specific Country
The HVAC industry in the United States is witnessing a critical evolution as sustainability and energy efficiency become paramount for both residential and commercial buildings. With growing awareness of climate change and an urgent need to reduce carbon emissions,
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Daikin
invested in
Poppy
in 2025
in a Strategic Partnership deal