BrainBox AI, a pioneer in predictive and self-adaptive technology for commercial buildings, is proud to announce its participation in the Tech For Our Planet program, an initiative on the sidelines of the 26th United Nations Climate Change Conference (COP26) to be held in the near future, to enhance the new technology that is accelerating the achievement of the global goal of carbon neutrality. BrainBox AI has been selected by the British government to showcase its technology in the Challenge 3, Thinking Smart section, dedicated to solutions capable of acquiring and sharing data to better predict and manage energy consumption. In the three months leading up to COP26, which will take place in November in Glasgow, BrainBox AI will demonstrate the benefits of interactive grid buildings to achieve net zero goals for the electricity grid.
A market leader in cleantech and proptech for its commercial building technology, BrainBox AI is one of only ten start-ups chosen to participate in the program, run by the UK government and PUBLIC, a leading govtech company committed to solving the problems of the public sector.
BrainBox AI offers artificial intelligence to combat climate change by making commercial buildings smarter and more efficient. Its flagship product, currently installed in properties in 17 countries, covering a total area of nearly 10,000,000 square meters, combines artificial intelligence and cloud computing to create a fully autonomous commercial heating, ventilation and air conditioning (HVAC) solution. Through seamless communication with building management systems (BMS), the technology optimizes HVAC systems in real time, allowing existing infrastructure to become predictive and self-adaptive, while significantly reducing consumption of energy and emissions.
BrainBox AI's deep learning and cloud computing algorithms produce savings in total energy costs of up to 25%, a 20-40% reduction in carbon footprint and a 60% increase in occupant comfort. Construction operators can also benefit from an extension of the useful life of HVAC equipment by up to 50%. This month, BrainBox AI activated its global monitoring network, which provides 24/7 support and analysis of HVAC systems to its customers around the world. In 2020, BrainBox AI was recognized by TIME as one of the 100 best inventions and by CB Insights as one of the top 100 AI start-ups that redefined the industry in 2021. The company is also a member of the MaRS Discovery District, North America's largest urban innovation hub.
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