Why now
Peak demand pressure
Cooling is the dominant driver of summer electricity peaks in the Gulf. Every avoided peak kilowatt defers grid and plant investment.
Reactive operation
Most plants are still run on fixed setpoints and manual judgement, with limited forward visibility of load or weather.
Ageing, uninstrumented assets
Failures surface late. Condition and risk signals already exist in the data but are rarely modelled.
Accountability for outcomes
Operators and regulators increasingly need verifiable measurement, not vendor-claimed savings.
The round
Investment structure currently being finalised. Detailed investment terms are available to qualified investors following management discussion and due diligence.
Capital sought
To be confirmed
Round size
Under review
Round type
Strategic / Growth Capital Round — final structure to be confirmed
Instrument
To be determined with legal and financial advisers
Minimum participation
To be confirmed
Valuation
Not yet determined
Preliminary categories only; allocation percentages to be confirmed on completion of the financial model.
How the thesis gets proven
Two supervised deployments turn the model into measured evidence. Both are designed, published in full, and awaiting a confirmed host site.
- 1
Phase 1 — a 16-week supervised proof-of-concept on a real Dubai building with a university research partner: instrumentation audit, unguided baseline, alternating guided weeks, independent measurement.
- 2
Phase 2 — an operational pilot across a district cooling estate with live metered savings tracking and an anonymised public estate view.