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Champaign, IL

Expanding industrial adoption of AI-driven energy management solutions to optimize power usage and reduce emissions.

• Proven Leadership: Led by a CEO with over a decade of experience in renewable energy and successful startup ventures.
• Market Traction: Deployed Energy Management Platform across pilot sites, demonstrating real-world application and demand.
• Innovative Technology: AI-powered platform integrates predictive maintenance, real-time monitoring, and emissions tracking.
• Scalable Business Model: Subscription-based SaaS revenue with additional hardware sales for modular energy systems.
• Strategic Partnerships: Affiliated with a National Science Foundation-funded center and Google Cloud for Startups.

PowerBox Technology is focused on transforming the renewable energy landscape by equipping factories with advanced energy management solutions that optimize electricity use, improve reliability, and reduce emissions. The company’s Energy Management Platform (EMP) enables real-time monitoring, predictive maintenance, and cost analysis, helping industrial facilities achieve energy security while lowering operational costs. PowerBox integrates artificial intelligence and cutting-edge edge computing to provide factories with deep insights into their energy consumption and infrastructure needs.

This fundraising initiative aims to accelerate the deployment of PowerBox’s EMP and PowerBlock solutions across more industrial sites. With pilot programs already demonstrating successful implementation, the company plans to expand its market reach, refine its technology, and enhance its impact on industrial sustainability. The funds will also support ongoing R&D to optimize AI-driven analytics and expand hardware capabilities, ensuring that PowerBox remains at the forefront of smart energy solutions for manufacturing facilities.

Company Info

PowerBox Technology provides advanced energy management solutions to factories, using AI-powered insights and modular systems to optimize energy usage and reduce costs.

PowerBox Technology is a company focused on revolutionizing energy management with innovative solutions for factories. At the heart of their offering is the Energy Management Platform (EMP), which enables real-time monitoring of electrical assets and advanced analytics for cost reduction, reliability, and emissions tracking. The platform is powered by a cybersecure edge computing solution called PowerNode, which integrates seamlessly with factory automation systems to offer predictive maintenance, energy management, and emissions tracking. PowerBox also provides a modular solution called PowerBlock, which optimizes electricity costs and system reliability by integrating solar, grid power, and energy storage to suit factory needs.

The company has made significant strides, including the deployment of its first commercial pilot and the development of an MVP (minimum viable product) of its EMP. PowerBox Technology is committed to transforming the industrial sector by providing sustainable, reliable, and affordable energy solutions. With a team led by CEO Oscar Azofeifa, who has over a decade of experience in renewable energy, and backed by affiliations with the National Science Foundation and Google for Startups, PowerBox is well-positioned to drive innovation in energy management. Their subscription-based model offers factories the opportunity to adopt cutting-edge technology, reduce energy costs, and enhance operational efficiency, with a clear vision for scaling their solutions globally.