viboo, a Zürich, Switzerland-based software company that offers predictive control as a service platform, raised CHF 1.5 million in seed funding.
SaaS Investors
The round saw participation from High-Tech Gründerfonds, Swisscom Ventures, and Rainmaking Impact.
viboo Use of Funds
The company intends to use the funds to scale up the commercialization of its proven platform, capitalizing on the upcoming heating season to make a significant impact in decarbonizing buildings.
About viboo
Led by Felix Bünning (Founder and CEO), Benjamin Huber, and Matthias Sulzer, viboo makes buildings more energy efficient through its predictive control as a service platform. Rooted in extensive research at Empa and ETH Zurich, the company empowers smart thermostats with predictive algorithms, reducing energy usage by 20-40% in both light-commercial and residential buildings.
Initially, the platform’s algorithms learn the thermal behavior of a building. viboo’s technology can then predict the building’s temperature evolution, considering factors including the weather forecast and occupant preferences, and subsequently optimize the energy input into each room. By allowing smart thermostats to fully play to their strengths, viboo can lower a building’s energy consumption.
viboo makes partnerships across the value chain, including Danfoss, ABB, Netatmo, and Bouygues.
Funding Details
Company: Viboo
Raised: CHF 1.5M
Round: Seed Round
Funding Month: September 2023
Lead Investors:
Additional Investors: High-Tech Gründerfonds, Swisscom Ventures and Rainmaking Impact
Company Website: https://viboo.io/
Software Category: Predictive Control as a Service Platform (PCaaS)
Source: https://www.finsmes.com/2023/09/viboo-closes-chf-1-5m-seed-funding-round.html