Emerging and High Growth Companies

BrainBox AI in its US$24 million Series A financing round

BrainBox AI
Key Contact
Shahir Guindi, Ad. E.

Former National Co-Chair, Partner, Corporate, Montréal

Team
Yulia Yugay

Associate, Corporate, Montréal

Alain Fournier

Partner, Tax, Montréal

 

On October 28, 2021, BrainBox AI completed its US$24 million Series A financing round led by ABB, Esplanade Ventures and Desjardins Capital. The proceeds from the financing will be used to deploy its AI technology in the built environment and further its next phase of innovation, which uses AI to facilitate cleaner and more efficient energy consumption.

BrainBox AI is a Montreal-based technology firm specializing in building automation and grid-interactive buildings AI to address the energy transition challenge.

Osler, Hoskin & Harcourt LLP advised BrainBox AI with a team consisting of Shahir Guindi, Liliana Korosi and Yulia Yugay (Corporate) and Alain Fournier (Tax).

Value
US$24 million
Date Closed
October 28, 2021
Lead Office
Montréal
Key Contact
Shahir Guindi, Ad. E.

Former National Co-Chair, Partner, Corporate, Montréal

Team
Yulia Yugay

Associate, Corporate, Montréal

Alain Fournier

Partner, Tax, Montréal