States targeted for exports
Scottish proptech firm Arbnco secures first US contract
Pictured Simon West (second left) and Maureen Eisbrenner (third from right) co-founders of arbnco with delegation from UC Davis
Glasgow proptech company arbnco has secured its first international contract after signing a partnership agreement with the University of California, Davis (UC Davis).
The university will trial arbnco technology to identify energy saving opportunities and improve air quality in indoor working environments for staff and students.
It comes as the company also announces its first US office in Detroit, with a second office opening in California as it targets the US as its first major export country.
The adoption of its technologies at UC Davis will be the first US market test for arbnco, and will help the company develop its software for further use across America.
Founded in 2012 and CO2 Estates, arbnco develops technology solutions to transform the built environment, helping to enhance energy performance, improve sustainability and reduce carbon outputs in commercial and public sector real estate.
Its UK industry partners include Nuveen Real Estate and Mitsubishi Electric R&D Centre Europe BV (MERCE-UK). The partnership with UC Davis will build on arbnco’s research capabilities and expand its existing academic network, having conducted numerous research projects in partnership with the University of Strathclyde.
A world leading research and teaching institution, UC Davis is one of ten University of California campuses. Established in 1905, it now has over 36,000 students across its 7,309 acre campus. Through its Energy and Efficiency Institute (EEI) which is committed to developing sustainable energy solutions, UC Davis has established itself as a leader in the field of energy research, education and engagement.
arbnco set its sights on the US market after participating in an energy trade mission to New York last year led by Scottish Development International.
Maureen Eisbrenner, co-founder, CEO & chairman of arbnco, said: “This is a really exciting time for arbnco, and for Scottish innovation more generally, as we begin to translate our UK success into the US market.
“Globally, $236 billion was spent on improving energy efficiency in 2017, and 59% of that was in the buildings sector, so the opportunity for arbnco is huge both in the US and the rest of the world.
“We are bringing together some of the finest minds in the field to overcome some major global challenges regarding energy efficiency.”
In the first of several projects involving arbnco, the company’s software will be used by UC Davis as part of a pilot programme funded by the US Office of Naval Research.
If successful, the programme will aim to reduce the US Navy’s energy use across its facilities. Ultimately, there is significant potential for arbnco’s software to be used more widely by other branches of the US military and the US Department of Defence.
A second project will use sensor technology to focus on the the air quality in the University’s indoor learning environments and its impact on the health and wellbeing of students.
Arbnco is backed by Deepbridge Capital and has a research partnership with the University of Strathclyde.
Mark Modera, director of the Energy and Efficiency Institute at UC Davis, said: “We are excited to partner with arbnco. Together we will reduce energy use and greenhouse gas emissions in critical sectors, and improve the health and wellbeing of students, staff, and faculty.”