viboo secures CHF 1.5 million in successful seed round

Swiss viboo secures CHF 1.5 million in a successful seed financing round and plans to advance its predictive-control-as-a-service platform for building decarbonization and enable energy savings in commercial buildings.

Zurich - The Swiss climate tech start-up viboo has closed a successful seed financing round of CHF 1.5 million. The investors, including High-Tech Gründerfonds, Swisscom Ventures and Rainmaking Impact, show great interest in viboo's innovative solutions for building decarbonization.

viboo's decentralized approach is very promising. The platform and the algorithms are a real revolution for existing and older buildings

Gregor Haidl, Senior Investment Manager at High-Tech Gründerfonds

Buildings are responsible for around 40 percent of energy consumption in Europe. This means that a considerable potential for energy savings remains untapped. Conventional thermostat controls are often based on simple principles, and even intelligent thermostats have their limits. viboo presents a solution: the Predictive-Control-as-a-Service platform (PCaaS).

The PCaaS platform from viboo enables manufacturers of intelligent thermostats to maximize their potential. It learns the thermal behavior of a building and can predict future room temperatures, taking into account factors such as weather forecasts and occupant preferences. As a result, energy consumption can be made more efficient, leading to considerable savings.

Our technology has proven its effectiveness in the last heating season and we are ready to serve the commercial building market. Our solution not only enables energy savings, but also offers a quick return on investment.

Felix Bünning, founder and CEO of viboo

The fresh capital injection will be used to accelerate commercialization during the upcoming heating season, especially in commercial buildings in cities and municipalities. viboo has already successfully collaborated with industry leaders such as Danfoss, ABB, Netatmo and Bouygues and achieved impressive energy savings of 20-40 percent during the last heating season.

The company has its roots in leading research institutions such as Empa, ETH Zurich, RWTH Aachen University and the Lawrence Berkeley National Lab. The company and its founders have already won several prestigious awards.