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BrainBox AI Raises $12M to Drive Global Growth of Autonomous Building Technology

Apr 28, 2020•about 5 years ago

Amount Raised

$12 Million

Description

BrainBox AI, a leader in autonomous building technology, today announced a $12M fundraise to further deploy its ground-breaking AI technology for buildings across North America and abroad. The oversubscribed round is comprised of domestic and international investors, new and existing, including Esplanade Ventures as lead investor and Desjardins Capital.

Company Information

Company

Brain Box Ai

About

About BrainBox AIFounded in 2017, BrainBox AI is redefining building automation and pioneering grid-interactive buildings through artificial intelligence to address the energy transition challenge. Headquartered in Montreal, a global AI hub, BrainBox AI has a workforce of over 125 employees and supports real estate clients in numerous sectors, including office buildings, airports, hotels, multi-residential, long-term care facilities, grocery stores and commercial retail. BrainBox AI works in collaboration with research partners including the US Department of Energy's National Renewable Energy Laboratory (NREL), the Institute for Data Valorization (IVADO) as well as educational institutions including Montreal's École de technologie supérieure (ETS) and McGill University. Learn more about BrainBox AI.

Funding Insights

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Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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