2 years ago
Green AI Startup QiO Technologies Secures £8.3 Million Series B Funding
QiO Technologies, a UK-based AI startup, has raised £8.3 million in a Series B funding round led by WAVE Equity Partners
The company's AI tools help industrial businesses reduce their environmental impact and achieve net-zero goals
The funding will be used to expand QiO's customer base, further develop its software, and expand its operations in Europe and the US.
ProblemTechnology
"Industrial firms, data centres and telecoms need to reduce their environmental impact and operate more sustainably by decreasing greenhouse gas emissions."
Solution
"QiO provides AI-powered tools that help industrial firms, data centres, and telecoms reduce greenhouse gas emissions and operate more sustainably."