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PassiveLogic logo — Building Automation. Meet Future.

PassiveLogic

Building Automation. Meet Future.

Founded 2016 United States Salt Lake City, United States 136 employees Convertible Note Total: $28.60M AI, Hardware +2

General Information

Company Name PassiveLogic
Founded Year 2016
Location United States Salt Lake City, United States
Founders / Decision Makers
Team member
Employees 136
Industries AI, Hardware, Real Estate +1
Funding Stage Convertible Note
Social

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About PassiveLogic

PassiveLogic, with its slogan "Building Automation. Meet Future.", is revolutionizing the automation industry by introducing the first fully autonomous platform for buildings. The company, founded in 2016, aims to replace traditional control logic with real-time control decisions at the edge, thereby reducing the global carbon footprint and laying the foundation for smart cities. With a focus on Hardware and Real Estate industries, PassiveLogic has its headquarters in the United States. In its latest funding round at 20 September 2022, PassiveLogic secured a $15.00MConvertible Note investment from Nvidia, a renowned player in the tech industry. The company's ability to attract such a significant investment from a prominent investor underscores its potential for growth and innovation. PassiveLogic's disruptive approach to building automation, combined with the backing of leading investors, positions the company as a key player in shaping the future of sustainable and intelligent infrastructure. With its team of skilled engineers, forward-thinkers, and creative minds, PassiveLogic is poised to make a tangible impact in the realms of automation and environmental sustainability. For more information, individuals can reach out to PassiveLogic at [email protected].

Business keywords: Building Automation, Autonomous Buildings, Energy Efficiency, HVAC Control, Smart Buildings, Environmental Impact, Climate Challenges, Technological Innovation, Digital Twin, Smart Cities, Energy Savings, Carbon Footprint, Investment Opportunity

Funding Rounds & Investors (8)

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Funding Stage Amount Investors Lead Investors Date
Convertible Note $15.00M 1
Nvidia
20 Sep 2022
Convertible Note $12.00M 1
Brookfield
12 Apr 2022
Convertible Note $150.00K -
15 Jan 2020
Grant $250.00K 1
NYSERDA
25 Sep 2018
Non Equity Assistance Undisclosed 2
Dreamit Ventures, Dreamit Urbantech
07 Sep 2018
Convertible Note $325.00K -
30 Jan 2018
Convertible Note $250.00K -
18 Aug 2016
Pre Seed Round $625.00K -
01 Jan 2016

PassiveLogic Alternatives & Competitors

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PassiveLogic vs
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FAQ About PassiveLogic

Building Automation. Meet Future.
PassiveLogic was founded in 2016.
PassiveLogic is headquartered in Salt Lake City, United States.
PassiveLogic operates in AI, Hardware, Real Estate and Construction. Its work centres on Building Automation, Autonomous Buildings, Energy Efficiency and HVAC Control.
PassiveLogic has approximately 136 employees.
PassiveLogic has completed 8 funding rounds, raising a total of $28.60M. The latest funding stage is Convertible Note.
Top alternatives and competitors to PassiveLogic include Memoori, ProptechOS, Bueno, Bandora, vilisto GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PassiveLogic and Memoori are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PassiveLogic, https://bouncewatch.com/company/passivelogic, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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