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AI SAAS energy management system to reduce energy consumption and carbon footprint

Summary

Profile Type
  • Business Offer
POD Reference
BOFR20240617014
Term of Validity
17 June 2024 - 17 June 2025
Company's Country
  • France
Type of partnership
  • Investment agreement
  • Commercial agreement
Targeted Countries
  • All countries
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General information

Short Summary
This French company is the first AI-powered, sensorless SaaS Energy Management to help industrial companies lower their energy consumption and carbon footprint up to 20%.
Full Description
The company helps industrial companies achieve complex energy performance goals with a plug and play solution that integrates seamlessly with their infrastructure. Their sensorless technology enables deployment within 24 hours, helping clients reduce their energy consumption, optimize production margins, and achieve Scope 2 CO2 emissions reduction targets. The company automatically identifies consumption anomalies, allowing the clients to focus continuous improvement efforts on areas with the highest impact.
Because industrial companies are reluctant to deploy expensive, high-maintenance sensors on their equipment, the team developed a non-intrusive technology, wrapped into a SaaS application. Their end goal is to establish as the go-to partner for industrial plants seeking a comprehensive energy management solution throughout the entire lifecycle of their operations.
Features summary:
• Real-Time Consumption Monitoring - Get the Energy Performance Indicators at scale and generate automated Scope 2 emissions reports
• 360 Equipment Supervision - Get detailed analytics on energy usage and operational performance
• Impactful Actions - Assess actions and appliances' energy data for measurable results
Advantages and Innovations
The technology performs better than the competition on nearly every benchmark, thanks to their BENTO, a single, CE-marked piece of hardware connected to the main energy delivery point within an industrial site. With almost one data point per second, their in-house machine learning algorithm is able to break down a load curve into multiple consumption layers, which are then linked to a production process or a single equipment. The company AI-recommended actions help reduce maintenance time by up to 15%, with proven results in as little as 6 to 10 weeks on a large-scale industrial plant.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 12: Responsible Consumption and Production
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 7: Affordable and Clean Energy
IPR status
  • IPR applied but not yet granted

Partner Sought

Expected Role of a Partner
Type of partner: they are looking for industrial companies, willing to achieve their carbon emissions reduction goals and comply with the CSRD regulation. They have plenty of references in the manufacturing space, and are eager to deploy in new, different industrial contexts: aerospace, agro, etc.
Role of the partner:
• Provide feedback to improve effectiveness and usability
• Support our market validation and share testimonials with our investors
• Provide expertise, share their pain points regarding energy consumption, and iterate on new features with their Product Manager
• Promote the French company to potential customers, industrial partners, and other stakeholders
Type and Size of Partner
  • Big company
  • SME 50 - 249
Type of partnership
  • Investment agreement
  • Commercial agreement

Dissemination

Technology keywords
  • 01003003 - Artificial Intelligence (AI)
  • 01003006 - Computer Software
  • 04007006 - Low, zero and plus energy rating
Market keywords
  • 02007016 - Artificial intelligence related software
  • 09003001 - Engineering services
  • 06007001 - Other energy production
  • 06006002 - Metering and monitoring
Targeted countries
  • All countries