This Research Note examines 2 European startups targeting smarter self-learning thermostat hardware and software solutions for light commercial and public buildings: vilisto based in Hamburg, Germany and viboo based in Zurich, Switzerland. Vilisto Thermostats Vilisto GmbH, founded in 2016, is the manufacturer of self-learning radiator thermostats for office buildings. The company’s offering focuses on a heat management solution which digitizes the entire process of heat consumption, from the radiators to the boiler. Their thermostats are made in Germany with integrated and patented presence detection. Through movement, sound and light in the room, the sensors detect when and how the individual rooms are used and heat them automatically as needed. By incorporating local weather data, the thermostat also calculates how long the room will take to heat up. As a result, rooms are preheated before use and automatically lowered when not in use. Disclosed venture capital and crowdfunding investment for vilisto amounts to $7.18 million, although […]