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Former JLL Integral MD to Co-Lead Expansion of New Decarbonisation Platform
13 June 2022
A machine learning based decarbonisation solutions business is launching in the UK, after raising $5m in pre-Series A funding.
Ecolibrium’s Head of Commercial Real Estate Yash Kapila, formerly JLL Integral’s Managing Director, and CEO Chintan Soni will lead the business’ UK expansion from its new London HQ at 42 Brook Street.
Ecolibrium’s core product is SmartSense, a climate tech-led sustainability solution which creates a granular view of an asset's carbon footprint through IoT data points. The technology is used across 50 million sq ft of real estate by more than 150 companies including Amazon, Fiat, Honeywell, Thomson Reuters, Tata Power, and the Delhi Metro.
The company says that an annual reduction of 5-15 per cent in carbon footprint has been achieved to date by companies which have deployed Ecolibrium's technology.
Ecolibrium has signed its first commercial contract with Integral, JLL's UK engineering and facilities service business.
Picture: a photograph of Ecolibrium’s Head of Commercial Real Estate Yash Kapila (left) and CEO Chintan Soni (right). Image Credit: Max Lacome
Article written by Ella Tansley | Published 13 June 2022
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