On April 27, 2023, BrainBox AI received a US$20 million investment from the Government of Québec and ABB, a returning lead investor and global partner to BrainBox AI. Through this investment, BrainBox AI plans to support their development of decarbonized technology and support their global communication efforts. In addition, BrainBox AI will acquire ABB’s multi-site retail energy management system integrator business.
BrainBox AI is a leader in autonomous building technology which utilizes cloud-based computing and algorithms.
Osler, Hoskin & Harcourt LLP advised BrainBox AI with a team consisting of Shahir Guindi (Corporate), Liliana Korosi and Yulia Yugay (Emerging and High Growth Companies).