As part of the Broadscale network, Johnson Controls will have access to investment and commercialization opportunities with growth-stage companies. Broadscale said its commercialization platform aligns the strategic interests of industry leaders and growth companies to overcome the challenges that have made it difficult for important energy innovations to succeed.
“We are very excited to have Johnson Controls in our network,” said Andrew L. Shapiro, Broadscale’s founder. “With extensive knowledge across the building, energy, and automotive industries and a clear commitment to innovation, Johnson Controls is a great partner for us.”
“Innovation has driven our company since its founding more than 125 years ago,” said Kevin Self, vice president of strategy and corporate development, Johnson Controls Building Efficiency. “We believe finding new ways to identify and commercialize breakthrough technologies is an essential part of our future.”
Broadscale said it is committed to combining the creativity and technical advances of the best entrepreneurs with the market knowledge and reach of established industry leaders.
Publication date: 4/22/2013