Fundz

Passivelogic Raises $15 Million From Brookfield Growth

PRIVATEApr 12, 2022

Amount Raised

$15 Million

Round Type

Funding Round

Salt Lake CityOtherInformation TechnologySustainabilitySoftwareData And AnalyticsReal EstateScience And EngineeringArtificial Intelligenceinformation technology & services

Description

PassiveLogic, maker of the world's first autonomous building platform, has secured $15 million from Brookfield Growth, the growth technology investment arm of Brookfield. The capital will support the development of a first-of-its-kind autonomous buildings platform that can be used to retrofit buildings of all shapes and sizes, and pave the way for the next 30 years of energy efficiency. PassiveLogic enables buildings and building controls to make independent real-time decisions based on digital twin descriptions.

Quick answer

PassiveLogic raised $15 Million in a Funding Round round, dated April 12, 2022. PassiveLogic is based in Salt Lake City, Utah, United States.

How much did PassiveLogic raise?
PassiveLogic raised $15 Million in a Funding Round round on April 12, 2022.
What does PassiveLogic do?
PassiveLogic is disrupting the world of automation with the first fully autonomous platform for buildings.
Where is PassiveLogic based and how big is it?
PassiveLogic is based in Salt Lake City, Utah, United States. Fundz records about 150 employees.
Who are the decision-makers at PassiveLogic?
Fundz holds 1 contact at PassiveLogic, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Data And Analytics around the same time

Companies in the same sectors as PassiveLogic that raised within 45 days of this round, from Fundz verified event records.

  • Haystacks.Ai raised an undisclosed amount (Funding Round) on March 22, 2022.
  • Anduril raised $1.2B (Funding Round) on May 24, 2022.
  • Fulcrum raised $5M (Funding Round) on May 19, 2022.
  • Geo Iq raised $2.3M (Seed) on May 19, 2022.
  • Locus raised $35M (Funding Round) on May 18, 2022.
  • Credo AI raised $13M (Series A) on May 17, 2022.

Who to call at PassiveLogic, and when

A new round usually means PassiveLogic is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PassiveLogic

Location

6510 Millrock Drive, STE 350

Salt Lake City, Utah, United States

About

PassiveLogic is disrupting the world of automation with the first fully autonomous platform for buildings. We reinvented automation to replace legacy control logic with real-time control decisions at the edge, reducing the world's carbon footprint, while paving the way for smart cities. We bring together the most talented engineers, thinkers and creatives - backed by the world's leading investors - to make the future a reality.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment PassiveLogic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsTroy, CEO hidden hidden hiddenSee plans and pricing
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PassiveLogic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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