logo
logo

Brainbox Ai Raises 24M Usd In First Close Of Its Series A Funding Round To Fuel Continued Global Expansion And Innovation

Oct 28, 2021•over 3 years ago

Round Type

series a

Description

BrainBox AI, a leader in autonomous building technology, today announced a $24M raise to further deploy its AI technology in the built environment and develop its next phase of innovation. The first close of its Series A round includes new lead investor, ABB, and investments by Esplanade Ventures 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.

Related People