What will Grid Edge startup spend £200,000 on?
A team of scientists from the University of Aston in the UK is developing software based on artificial intelligence and cloud computing. This system provides data on the required energy amount indicators for a particular house every four hours, and adjusts energy consumption.
Developers say that their software reduces energy consumption by a quarter. This allows you to optimize the amount of expenses and save on your bills.
Project got funding from the Ignite fund, in the amount of £200,000. This money will be used to expand staff that will finalize the system to enter the market.
Plans for the future include introducing this technology to at least 500 homes.