Heating and cooling represents over half of building energy consumption. Therefore, the optimization of heating, ventilation, and air conditioning (HVAC) systems has long been a key component of the smart building vision. While there have been significant efficiency gains from smart technology in recent decades, it has become clear that increased optimization of complex and dynamic facilities can come about with continuously self-learning artificial intelligence (AI). Investors in the smart buildings space have provided significant funding to numerous startups in the HVAC optimization space in recent years. HVAC Optimization Startups in 2024: Myrspoven Funding Boost Just last week, on February 7th, Stockholm-based HVAC optimization startup, Myrspoven, announced a €5.4m ($5.8m) funding round from a range of investors including 4impact capital, Vantaa Energy, and AMAVI Capital. The Swedish startup’s solution utilizes AI to optimize HVAC systems in real-time, thereby lowering energy use without reducing occupant comfort, as discussed in great detail in our September 2021 podcast […]