# QiO Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qio-technologies

- Industry: Software
- Headquarters: Farnborough, UK
- Website: www.qio.io
- Total disclosed funding: $10M
- Latest round: Series B (Dec 23, 2022)
- Investors on record: 1

## About

Based in the UK, and founded in 2015 by co-founders Baz Khuti, and Rick Haythornthwaite, QiO Technologies Ltd. operates as an artificial intelligence sustainability technology company that develops the Foresight Sustainability Suite to reduce greenhouse gas emissions, improve resource efficiency, and accelerate operational sustainability. In February 2023, WAVE Equity Partners led USD 10 million in Series B funding for QiO Technologies Ltd. 

QiO Technologies Ltd. offers the Foresight Sustainability Suite, which includes Foresight Optima, which provides a step-change in energy, resource, and carbon management, allowing manufacturing sites, industrial plants, and transportation companies to optimize asset performance; and Foresight Maintenance, which uses advanced analytics and artificial intelligence to identify insights and prescribe a course of action. Furthermore, the company offers Foresight Optima DC, which meets the needs of energy-intensive data centers, which consume approximately 3% of total electricity and produce approximately 2% of total GHG emissions.

The company plans to use the series B funding to expand its operations in the USA and Europe and enhance the capabilities of its Foresight sustainability suite.

## Funding rounds

- Series B, Dec 23, 2022, $10M — WAVE Equity Partners

## Investors

- WAVE Equity Partners (https://capitalatlas.ai/funds/wave-equity-partners) — Series B