2024.10.01 |
QEA Tech is thrilled to announce that we recently secured a $500,000 CAD investment from Alberta Ecotrust Foundation, further equipping us to provide property owners with the data they need to decarbonize their buildings. QEA Tech conducts detailed building envelope audits using our proprietary AI-enabled software, drones, and thermography. Our solution quantifies energy loss for each building envelope element, pinpoints a wide range of envelope issues, and recommends targeted retrofits that maximize energy savings and ROI.
QEA Tech will use Alberta Ecotrust’s investment to fuel our growth. QEA Tech will work to continue its operations in Alberta, the rest of Canada, and the U.S., as well as build upon its presence in Europe and Japan. We have a number of partnerships to scale in these regions and are excited to expand the reach of our building envelope audit technology. More accessible building energy assessment and retrofit planning solutions are vital in building climate resiliency considering the majority of existing buildings need to be retrofitted to achieve net zero by 2050.
Alberta Ecotrust supports and catalyzes environmental and climate action projects that enhance the well-being of Alberta’s communities. It works collaboratively with diverse stakeholders to fund, connect, and enable innovative initiatives that address pressing environmental challenges. Alberta Ecotrust invested in QEA Tech as part of their Climate Innovation Fund, in which they invest in and scale up climate solutions that align with Calgary and Edmonton’s climate action plans.
“QEA Tech is grateful for Alberta Ecotrust’s investment in our AI-powered building envelope audit technology. Through this support, QEA Tech will have the ability to expand the reach of our audits, providing building owners with the in-depth insights needed to make data-driven decisions on retrofits. QEA Tech looks forward to leveraging this funding to make reaching net zero goals a seamless process for building owners.” – Peyvand Melati, CEO and Co-Founder of QEA Tech
“We’re excited to invest in QEA Tech as part of our suite of programs advancing high-performance buildings in Calgary and Edmonton. Their innovative AI technology helps building owners plan more effective energy retrofits, making it easier to reduce emissions from buildings and support Alberta’s move toward a carbon-neutral future.” – Rod Ruff, President of Alberta Ecotrust Foundation
Media contacts:
QEA Tech
Hannah Elhamahmy, Marketing Lead
416.666.5319| hannah@qeatech.com
Alberta Ecotrust Foundation
Andrea Soler, Communications Director
403.209.2245| a.soler@albertaecotrust.com
