ABB invests in climate tech start-up Tallarna

Using AI-powered data analytics, Tallarna has created an innovative approach to decarbonization projects for large property portfolios and energy infrastructure. The partnership involves a minority investment in Tallarna through ABB’s venture capital unit, ABB Technology Ventures (ATV). Tallarna’s data analytics identify decarbonization projects and scope their savings and risk. Under the partnership, ABB and Tallarna have created an assessment tool for ABB Ability™ Energy Manager users, which tracks actual consumption against energy targets and benchmarks performance against a set of relevant peers. By combining data analytics, performance guarantees, and efficient funding, the company makes decarbonization projects executable at speed and scale.