How Much Did QiO Technologies Raise?
Funding & Key Investors

QiO Technologies has successfully secured a total of $21.1M in capital to accelerate its mission of industrial decarbonization. This latest infusion of $10M represents a major strategic investment, positioning the firm to scale its AI-driven optimization platform across global manufacturing sectors. By leveraging this financial backing, the company is poised to deepen its market penetration within energy-intensive industries, reinforcing its status as a critical player in the industrial internet of things (IIoT) landscape.

What is QiO Technologies?

QiO Technologies
SoftwareEngineering SoftwareBusiness Intelligence (BI) Software

QiO Technologies specializes in AI-driven solutions designed to enhance energy efficiency for data centers and industrial manufacturing. The company's flagship product, Foresight, provides real-time optimization and predictive monitoring, enabling sectors such as metal, glass, and food production to significantly reduce energy waste. By integrating seamlessly with existing legacy infrastructure, QiO delivers actionable insights that improve operational performance without requiring disruptive system overhauls. This capability is essential for industrial leaders aiming to meet stringent sustainability mandates while simultaneously optimizing their bottom-line efficiency. The firm operates at the intersection of advanced machine learning and heavy industry, providing a bridge between traditional manufacturing processes and the digital transformation required for a low-carbon future.

How much funding has QiO Technologies raised?

QiO Technologies has raised a total of $21.1M across 3 funding rounds:

2017

Angel/Seed

$2.1M

2018

Series A

$9M

2023

Series B

$10M

Angel/Seed (2017): $2.1M, investors not publicly disclosed

Series A (2018): $9M, investors not publicly disclosed

Series B (2023): $10M supported by WAVE Equity Partners

Key Investors in QiO Technologies

WAVE Equity Partners

WAVE Equity Partners focuses on ESG impact investing by backing growth equity in sustainable and clean energy enterprises, emphasizing the transformation of incumbent industries.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for QiO Technologies?

With the recent capital injection, QiO Technologies is expected to focus on expanding its engineering team and accelerating the deployment of its Foresight platform. The strategic roadmap likely includes enhancing the predictive capabilities of its AI models to address more complex industrial variables. As global regulatory pressure on industrial carbon footprints intensifies, QiO is well-positioned to capture significant market share by offering a proven, scalable solution for resource conservation. Future growth will likely involve strategic partnerships with large-scale industrial conglomerates seeking to modernize their energy management systems, further cementing the company's role as a leader in the industrial sustainability sector.

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Frequently Asked Questions Regarding QiO Technologies Financial Insights

What are the most recent funding rounds that QiO Technologies has completed, and what were the funding rounds?
QiO Technologies has recently completed 3 funding rounds: Series B on Feb 16, 2023, Series A on Jul 2, 2018, Angel/Seed on Mar 21, 2017.
What is the total amount of funding QiO Technologies has raised to date?
QiO Technologies has raised a total of $21.1M in funding to date.
How many funding rounds has QiO Technologies completed?
QiO Technologies has completed 3 funding rounds.
How much funding did QiO Technologies raise in its most recent funding round?
QiO Technologies raised $10M in its most recent funding round.
Who are the lead investors in QiO Technologies's latest funding round?
The lead investor in QiO Technologies's latest funding round was WAVE Equity Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in QiO Technologies's history?
The largest funding round in QiO Technologies's history was $10M.
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