BEAD creates digital models of buildings by using real-time data and AI.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address: UK OFFICE
City: Barnsley
State: england
Zip: S70 2JW
Country: GB
BEAD develops an IoT system which is called BEAD to help commercial buildings owners optimize their energy usage and operations by adopting the automation system to the day cycle and occupancy of the building BEAD is an IoT device that analyses and learns the daily use cycle, user behavior and occupancy changes of commercial buildings in order give feedback to automation systems connecting it to the real time operation of the building. BEAD analysis learns from the building and its users and is empowered to start taking over the most intelligent operation of the building. The building will not only be a smart building but also a building operated by artificial intelligence based on ever-improving, anonymised data. It controls automation and redirects energy to be used where and when it is needed. Its logic builds on the idea that buildings are dynamic entities and should be treated more like living and learning organisms and not like static dumb assets. Today, they give the opportunity to commercial buildings owners who don&s;t know how they consume energy to connect with the buildings life cycle in order to save energy and cost while getting the same level of quality as up to now via operating the buildings with BEADs&s; AI. With the help of BEAD the buildings will have a smart energy agent that works and operates the building 7/24. BEAD furthermore analyses how commercial buildings consume energy according to human behavior, occupancy ratios and ambiance and environmental changes in the building in order to give real-time feedback to the automation system. BEAD is the first step to AI operated learning buildings that can adapt themselves operating with real time feedback loops in order to save energy without losing comfort and sustainability
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2019 | Convertible Note | $0 |
Upward Upward |
3/2020 | Convertible Note | 1 | $25k |
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2/2017 | Venture Round | 1 | - |
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12/2015 | Grant | $50k | 1/2018 | Seed Round | - | 11/2017 | Seed Round | $100k | 6/2020 | Non Equity Assistance | 1 | - |
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2/2019 | Convertible Note | 1 | $50k |
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9/2018 | Grant | 1 | - |
European Data Incubator European Data Incubator |
1/2018 | Seed Round | - | 2/2017 | Venture Round | 1 | - |
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