Company Profile: viboo AG

Background

Incorporation Date: March 28, 2022

Headquarters: Dübendorf, Switzerland

Mission and Vision: viboo AG is dedicated to enhancing building intelligence and operational efficiency through advanced artificial intelligence (AI) solutions. The company's primary focus is on reducing energy consumption in buildings while improving occupant comfort, thereby contributing significantly to the cleantech and energy efficiency sectors.

Key Strategic Focus

Core Objectives:

• Optimize heating and cooling energy consumption in buildings.

• Enhance occupant comfort through intelligent control systems.

Specialization Areas:

• Development of Predictive Control as a Service (PCaaS) platforms.

• Integration with Internet of Things (IoT) devices in light commercial and multi-family buildings.

Key Technologies:

• Self-Learning Predictive Control algorithms.

• Cloud-based Building Management Systems (BMS).

Target Markets:

• Light commercial buildings.

• Multi-family residential buildings.

• Municipal and city-owned properties.

Financials and Funding

Funding History:

• Seed Round (September 2023): Secured CHF 1.5 million from investors including High-Tech Gründerfonds, Swisscom Ventures, and Rainmaking Impact.

Utilization of Capital:

• Scaling up commercialization efforts.

• Enhancing technology to further reduce building energy consumption.

Pipeline Development

Key Developments:

• Successful integration of technology in over 50 buildings across Europe.

• Achieved 20-40% energy savings during the last heating period.

Upcoming Milestones:

• Expansion into additional European markets.

• Further development of AI algorithms for enhanced predictive control.

Technological Platform and Innovation

Proprietary Technologies:

• Self-Learning Predictive Control Algorithms: Developed from five years of research at Empa and ETH Zurich, these algorithms learn a building's thermal behavior and predict temperature evolution, optimizing energy input.

Scientific Methodologies:

• Utilization of machine learning and AI to analyze building data.

• Integration of weather forecasts and occupant preferences into control systems.

Leadership Team

• Felix Bünning: Co-Founder and CEO. Holds a Dr. sc. ETH Zürich degree; expert in building automation with experience from leading research labs.

• Benjamin Huber: Co-Founder and CTO. M.Sc. in Mechanical Engineering from ETH Zurich; experienced in project management and software development.

• Matthias Sulzer: Co-Founder and Chairman of the Board. Serial entrepreneur with extensive experience in building energy sectors, including leading companies to IPO.

Leadership Changes

No recent significant changes or appointments within the company's leadership have been reported.

Competitor Profile

Market Insights and Dynamics:

• Buildings account for 40% of Europe's energy consumption, highlighting a substantial market for energy efficiency solutions.

Competitor Analysis:

• Wattics: Develops energy management analytics and monitoring platforms.

• AQUAOSO: Provides water risk research platforms with analytics capabilities.

• Sensefolio: Offers platforms for tracking and assessing businesses' involvement in environmental, social, and governance (ESG) topics.

• Ambisense: Delivers geo-environmental insights through automated data collection and AI.

Strategic Collaborations and Partnerships

Notable Partnerships:

• Danfoss: Collaboration to integrate predictive control algorithms into heating systems.

• ABB: Partnership for enhancing building automation solutions.

• Netatmo: Joint efforts to develop smart thermostat technologies.

• Bouygues: Cooperation on energy efficiency projects in building management.

Operational Insights

Competitive Advantages:

• Proven energy savings of up to 40% compared to industry standards.

• Seamless integration with existing building systems, making it suitable for retrofitting older buildings.

• Cloud-based solutions offering real-time data analysis and system health monitoring.

Strategic Opportunities and Future Directions

Expansion Plans:

• Targeting light commercial buildings in urban areas across Europe.

• Exploring entry into the U.S. market, leveraging participation in the Venture Leaders Technology roadshow.

Innovation Roadmap:

• Continuous enhancement of AI algorithms for predictive control.

• Development of additional features for the viboo cockpit to provide deeper insights into energy and comfort performance.

Contact Information

Website: viboo.io

Social Media:

• LinkedIn: viboo AG

• Twitter: @viboo_ag

Headquarters: Dübendorf, Switzerland