BrainBox AI, which installed its first HVAC monitoring software system in New York last year and has raised $38.6 million in investment according to Crunchbase, has expanded its product offerings. Instead of looking at single buildings alone, the new service is aimed at multi-site retail portfolios.
"With in-store retail nearly back to pre-pandemic levels, retailers are looking for solutions to reduce energy costs and emissions, while still optimizing customer and employee comfort," a company press release said.
Quoting a figure from the World Business Council for Sustainable Development that 25% of greenhouse gas emissions are due to retail supply chains — an enormous segment of industry given that broad definition — BrainBox AI claims that its new offering allows retailers to reduce their energy consumption and carbon footprint across a multi-location portfolio.
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