BrainBox AI
Assembly Line
BrainBox AI Announces US$20 Million Investment from Québec Government and ABB; and Enters into Agreement to Acquire ABB Multi-Site Retail Business
BrainBox AI, a leader in autonomous building technology, today announced a US$20 million fundraise to support the continued development of BrainBox AI’s cutting edge decarbonization technology and its global commercialization efforts. The company is pleased to name The Government of Québec as a lead investor for 10 million US dollars, alongside ABB, a returning lead investor and global partner to BrainBox AI.
AI and cloud enabled HVAC autonomous control, natively integrated with the leading on-premise EMS solution, will offer retailers an unparalleled ability to operate their stores and achieve their pressing decarbonization goals.