PassiveLogic raises $15M in funding

PassiveLogic, a Salt Lake City, UT-based maker of an autonomous building platform, raised $15m in funding.

The funding was provided by Brookfield Growth, a Brookfield growth technology investment arm.

This capital will be used to develop an autonomous building platform that can retrofit buildings of any size and shape.

PassiveLogic, led by Troy Harvey, CEO and Jeremy Fillingim (CTO), enables buildings and building controls make independent, real-time decisions based upon digital twin descriptions.

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