WAVE Equity Partners led the Series B round, which will fund international expansion and product development.
"Energy-intensive industries and data centers have a crucial role to play in achieving a lowcarbon economy. Our mission is for QiO to be the partner of choice for businesses that want to take decisive action today to accelerate their progress to net zero. With our proven technology, demonstrable track record of delivering energy and GHG emissions savings, and this Series B funding, QiO is well-placed to support energy intensive businesses as they come under greater scrutiny from customers, investors, regulators and governments to deliver on net zero targets."
The Southampton developer has completed a Series A round led by Foresight Ventures following its recent product launch at CES.
"We would like to welcome our new investors to Audioscenic and would also like to say a huge thank you to our existing investors for their past and continued support"
The oversubscribed round was led by Playfair Capital with backing from multiple institutional investors and angel backers.
"James and Hector have been really engaged since I appeared on the podcast and it made sense to invite them into what was a highly competitive round due to their network, experience and willingness to help and support."
