QiO Technologies develops the Foresight Sustainability Suite™, an industrial IoT AI software product that collects operational data and implements real-time actions to optimize energy efficiency and reduce GHG emissions. Its suite has delivered up to 20% savings on energy and maintenance costs and reduced GHG emissions by up to 10%; the Foresight Optima DC+™ product (developed with Intel) has delivered 20–30% energy and emissions reductions in data centers. The platform also automates real-time ESG reporting, enabling customers to track Scope 1 and Scope 2 emissions. QiO will use the new funding to expand operations in the USA and Europe, enhance the capabilities of its Foresight Sustainability Suite™, and accelerate customer acquisition in hard-to-abate sectors such as automotive, steel, cement, oil & gas, data centers and telecoms. The company is headquartered in the UK with engineering and delivery teams in India supporting global customers.

Total raised

$10M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2023