Deepki to acquire Fabriq.

Deepki, a ESG data intelligence platform for the real estate sector, agreed to acquire Fabriq, an IoT platform for energy, resource and smart building data. Financial terms were not disclosed. "Fabriq is a strong brand and has an excellent reputation in the sector. Its existing technology is complementary to Deepki Ready and, combined with our advisory services, this makes it an exciting partner as we build the business globally. There is a huge opportunity for us to help real estate reach net zero. Urgent action is needed, and investors need to recognise that much more money needs to be directed to net zero strategies and that they may not have the expertise or resources necessary to tackle the enormous climate change challenge," Vincent Bryant, Deepki CEO and Co-founder.