In return for selling some equity, SCI has struck a global strategic alliance with semiconductor company Intel and raised more than $19m from General Electric (GE) and venture capital firm Triangle Peak Partners.

Scientific Conservation (SCI), a US-based building energy management firm, has raised more than $19m in from US-listed companies Intel and General Electric (GE) and venture capital firm Triangle Peak Partners.

In return for selling some equity, SCI has struck a global strategic alliance with semiconductor company Intel to improve energy use in large campuses, optimize data centre cooling, and collaborate on technologies to improve the energy efficiency of information technology-intensive workspaces.

Lorie Wigle, general manager of Intel’s Eco-Technology Program Office,…