BeeBryte is a technology company that offers a software-as-a-service (SaaS) solution to optimize energy consumption in buildings by intelligently controlling heating, ventilation, air conditioning, and refrigeration (HVAC-R) systems. Their patented real-time optimization methodology leverages artificial intelligence, machine learning models, and predictive analytics to anticipate future thermal demands. This allows BeeBryte's cloud platform to automatically adjust HVAC-R equipment setpoints, maximizing energy efficiency while respecting predefined operating ranges for occupant comfort and operational constraints.
The company's internet of Things (IoT) gateway integrates seamlessly with existing HVAC-R systems, collecting data and transmitting optimized control instructions without any disruptive installations or equipment replacements. BeeBryte's solution can reduce HVAC energy consumption by up to 40%, translating into significant cost savings for clients. Their services, provided at no upfront cost, are billed as a percentage of realized savings through a shared savings model.
In addition to energy optimization, BeeBryte's technology enables ancillary benefits like predictive maintenance through anomaly detection, prolonging equipment lifecycle. Their data-driven approach continuously improves operations, leveraging machine learning to adapt strategies based on evolving usage patterns, weather forecasts, variable energy pricing, and grid services.
BeeBryte was founded in 2015 in Singapore and expanded to France in 2016 to focus on product development. Commercial deployment began in 2017 across both regions. As of 2023, the company had installations in over 40 buildings, with major clients like DHL and Ngee Ann Polytechnic in Singapore. In 2018, BeeBryte raised SGD 4 million to drive growth across Europe, particularly the UK, Germany, and Italy.
In 2019, the company partnered with CNR, a leading renewable energy producer in France, to offer their solution bundled with CNR's retail electricity services, enabling real-time demand response based on variable pricing. BeeBryte was acquired by an undisclosed entity at an unspecified date.
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