Montreal’s BrainBox AI, a leader in AI-driven HVAC optimization, has been acquired by Trane Technologies. BrainBox, founded in 2019, uses generative AI to cut emissions and energy use, impacting 14,000 buildings like Brisbane Airport and Sleep Country. Trane, with a 40,000-building client base, plans to scale BrainBox’s innovations globally.
CEO Sam Ramadori emphasized BrainBox’s commitment to Montreal, maintaining its 190 employees post-acquisition. While the deal strengthens global climate tech, it raises concerns about retaining Canadian innovation. Ramadori urged stronger government support for scaling AI firms locally.
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