Viboo, a pioneering company in the energy efficiency sector, is excited to announce that it has successfully raised $1,600,000 in funding to advance its innovative Predictive Control as a Service platform. Based in Switzerland, Viboo partners with smart thermostats to optimize energy consumption in buildings, achieving impressive reductions of 20-40% while enhancing occupant comfort. This funding round underscores the increasing demand for sustainable solutions in building management and will help propel Viboo’s mission to revolutionize how energy is consumed in light commercial buildings.
Viboo's technology, a brainchild of the Urban Energy Systems Lab at Empa and the Automatic Control Lab at ETH Zürich, leverages advanced algorithms that learn a building's thermal behavior through measurement data. By predicting future energy needs, Viboo seamlessly integrates into existing building control systems, providing a rapid installation process that can be completed in just one day. For operators—be they cities, municipalities, or private enterprises—the return on investment is notably attractive, with payback times ranging from 2 to 5 years.
With this new influx of capital, Viboo intends to enhance its platform's capabilities, expand its market presence, and further its commitment to sustainability. As we continue to face rising energy costs and pressing environmental concerns, Viboo stands at the forefront of providing actionable solutions that not only benefit the bottom line but also contribute significantly to a greener future. Stay tuned as we embark on this exciting journey toward smarter buildings and a more sustainable world!
