BrainBox AI

BrainBox is a provider of autonomous building technology that utilizes self-adapted AI technology to optimize the energy consumption of one of the largest climate change contributors: Buildings.

BrainBox AI was created to address the dilemma currently facing the built environment, its energy consumption, and significant contribution to climate change. 

BrainBox AI was founded in 2017 by Sean Neely and Jean-Simon Venne. The company is headquartered in Montreal, Quebec, Canada.

 

BrainBox's AI engine supports a self-operating building that requires no human intervention. Using deep learning, cloud-based computing, and proprietary process, the company's solution autonomously optimizes existing Heating, Ventilation, and Air Conditioning (HVAC) control systems for maximum impact on energy consumption.

 

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 Institute for Learning Algorithms (MILA) and McGill University.

 

BrainBox's technology for the built environment has been installed in over 100 million square feet of commercial building space, in 70 cities and over 20 countries worldwide. BrainBox AI has been installed in over 180 new buildings and 5 additional countries, in 2022. 

 

BrainBox AI is backed by Export Development Canada (EDC), ABB, Esplanade Venture, Desjardins Capital, and others. The company closed a $30M Series A round on Jul 26, 2022. This brings BrainBox's total funding to $38.6M to date.

 

 

  • Year founded: 2017
  • Funding Info: $38.6M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Montreal
  • State: Quebec
  • Country: Canada
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