Smart energy solutions provider SensorFlow receives $750,000 infusion from Cocoon Capital

It provides data insights enabling hoteliers to better reach sustainability goals.

Singapore-based startup SensorFlow has received $750,000 in seed funding from early-stage venture capital firm Cocoon Capital to launch its smart energy management solution for the hotel industry.

The company’s smart automation technology measures energy consumption by tracking data in real time to provide hoteliers with insights unto energy management and help them better achieve sustainability goals. This is particularly timely as buildings consume almost half (40%) of energy resources and account for a third of global emissions. 

"With hotels and commercial buildings spending US$160 billion a year on energy bills, we are re-inventing energy management from end to end to help businesses of all sizes implement smart technology, automate energy savings, and reach their sustainability goals,” said CEO Saikrishnan Ranganathan.

The system also includes an operational dashboard for real-time insights into energy management, and preventative maintenance, and occupancy and door sensors that adjust the thermostat fan and air conditioning.

SensorFlow’s full stack IoT system are installed per room using existing wiring. The smart sensors actively regulate the air-conditioning in response to occupancy and guest behavior which enables hotels to adjust temperatures upon check-in to provide a better guest experience – this solves a common maintenance problem as condensation occurs when guests leave doors and windows open.

“Our network stack is built on a long-range radio, which allows us to use a single gateway for an entire building. This is a big improvement over wired systems, which require opening up walls and traditional wireless systems using multiple gateways every ten meters,” added Ranganathan.

Three of ALILA Hotels & Resorts properties in Bali, Indonesia and 5footway.inn by The Uncharted Co in Singapore plan to deploy SensorFlow’s energy solutions across their properties.

“Whether you’re a major hotel with over 2,000 rooms or a small service apartment with 20 rooms, energy consumption is a major concern," Ranganathan added.