5 years ago
Infogrid Secures £11.5M to Make Buildings Smarter and More Sustainable
London-based IoT startup Infogrid has raised £11.5 million in a Series A funding round led by Northzone
The company provides end-to-end connected sensor solutions that make buildings smarter by using real-time IoT sensors and AI analysis
The funding will be used to accelerate the company's growth and its mission to address the world's climate crisis by enabling businesses to reduce the environmental and social cost of their buildings.
ProblemTechnology Infrastructure
"Buildings are responsible for 39% of global emissions. Making buildings more efficient is a huge opportunity to reduce our impact on the environment. But current technology is expensive and difficult to implement, so most buildings are still inefficient."
Solution
"Infogrid provides an end-to-end smart building system that uses sensors and AI to make buildings more efficient. This helps businesses reduce their environmental impact and save money on energy costs. Infogrid's technology is affordable and easy to install, making it accessible to a wide range of businesses."