Foobot

Foobot is a Luxembourg-based startup that aims to help businesses reduce energy bills and meet their carbon reduction goals through intelligent heating regulation. The company's AI-powered solution offers a way to achieve energy savings without expensive equipment upgrades or compromising thermal comfort, reducing a building's HVAC system energy consumption by approximately 20%. Foobot's AI skillfully manages key system setpoints, ensuring round-the-clock operation as an in-built building expert, and adapting to upcoming conditions to ensure optimal performance. Founded in 2013, Foobot's software-based solution has demonstrated its effectiveness in various settings, including office buildings, universities, laboratories, and medical facilities. The company received a Venture Round investment from Hardware.co on 01 January 2015, indicating interest and support from the investor community. Foobot's focus on energy savings and sustainability in industries such as Health Care and Manufacturing positions it as a promising player in the market.