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R8tech
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Short description

Developer of AI-powered HVAC automation system

Founded in 2017
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Estonia Tallinn, Estonia
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Updated by Imre-Gustav Vellamaa at R8tech on 05/14/2020

Edited by Cleantech Group on 12/18/2023

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Technopolis Technopolis

The company develops, owns and operates a chain of 17 smart business parks in the Nordic-Baltic region.

Confirmed by Technopolis

Partnerships
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Date Partner Type
05/12/2020
TPI Control TPI Control
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Confirmed by TPI Control
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IPO INFORMATION

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IPO Type

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Description

Date Investors Type Amount
12/06/2023 Panasonic Panasonic , Encevo Encevo , Møller Eindom Møller Eindom (3)
Post-money valuation of
The funding will support further international expansion of R8 Technologies. The amount of the funding was undisclosed
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Products
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Product image Name Product status Revenue model Cost metrics

R8 Digital Operator

Artificial Intellgence on top of building's existing automation system.

Wide Commercial Availability Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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