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QiO Technologies
AI-powered energy and asset optimization for industries
About QiO Technologies
QiO Technologies is an AI sustainability technology company that provides solutions for energy-intensive industries and data centers to enhance efficiency and reduce greenhouse gas emissions. The company was founded in 2014 by Baz Khuti and Rick Haythornthwaite with the objective of using industrial analytics to address climate change. It is headquartered in Farnborough, United Kingdom, with operations in the USA, Europe, and India.
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QiO's core offering is the Foresight Sustainability Suite™, which collects data from industrial assets like kilns, furnaces, and servers. Using AI and digital twin technology, the software identifies and implements real-time actions to optimize energy efficiency, resource use, and asset performance, leading to reductions in GHG emissions and operational costs. The suite includes Foresight Optima DC+™, developed in partnership with Intel, which specifically targets energy consumption in data centers by making real-time adjustments to individual servers, and Foresight Maintenance, which uses predictive analytics to recommend maintenance actions. The platform also automates ESG reporting, assisting clients in tracking Scope 1 and Scope 2 emissions.
The company's business model is centered on providing its software solutions to a global client base in sectors such as automotive, steel, glass, cement, oil & gas, and telecommunications. Case studies show clients like a major UK brick manufacturer and Penspen, an energy asset management provider, achieving significant reductions in energy waste and improvements in productivity. QiO Technologies secured a $10 million Series B funding round in February 2023, led by Wave Equity Partners, to expand its operations and further develop its products.
At a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Farnborough, United Kingdom
- Employees
- 27
- Open positions
- None listed
- Dealroom signal
- 88.4/100
- Sector
- AI, Predictive Analytics, Core AI, Sustainable Development Goals, Industrial Technology, Industrial Analytics, Manufacturing Tech, Climate Tech
- Technology
- Artificial Intelligence, Big Data, Deep Tech, Machine Learning, IoT InternetOfThings
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Feb 2023 | $10M | $40M | WAVE Equity Partners | ↗ |
| CONVERTIBLE✓Equity / VC | Jul 2020 | $2.1M | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for QiO Technologies is 2.3K monthly website visits, down 54% over the last three months. QiO Technologies's team grew 17.4% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
WAVE Equity Partners
Other known investors2 additional known investors
100+ Accelerator
Ventura Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about QiO Technologies on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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