PassiveLogic

About:

The first platform for generalized autonomy: powered by Quantum, PassiveLogic empowers people to solve the largest climate challenges.

Website: https://passivelogic.com

Twitter/X: passivelogic

Top Investors: NVIDIA, US Department of Energy, noa, Dreamit Ventures, NYSERDA

Description:

PassiveLogic’s mission is to empower people through generative autonomy to solve the world’s largest climate challenges. Buildings are the most complex controlled infrastructure in the world, however, they are often fitted with technologically stagnant and expensive control systems that waste energy and provide sub-optimal occupant comfort. The consequence of this inefficiency is that buildings account for more than 40% of the entire world's energy usage. Autonomous buildings are the key to addressing this energy challenge and unlocking the future of cities. PassiveLogic’s autonomous building platform, powered by Quantum - the physics-based digital twin standard for autonomous systems, has proven 30% energy savings compared to conventional control systems. Applying this scalable technology across the entire U.S. building sector alone creates a net savings opportunity of 9.6 Quads per year—the equivalent of taking 1/3 of all U.S. vehicles off the road. Founded in 2016 by Troy Harvey and backed by the world’s leading investors, PassiveLogic’s team is committed to developing extraordinary products that tackle the most challenging sustainability issues. We’re here to do the best work of our lives while also making a lasting impact on the planet.

Total Funding Amount:

$80.2M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Salt Lake City, Utah, United States

Founded Date:

2016-01-01

Contact Email:

info(AT)passivelogic.com

Founders:

Jeremy Fillingim, John Easterling, Travis Anna Hallstrom, Troy Harvey

Number of Employees:

101-250

Last Funding Date:

2022-09-20

IPO Status:

Private

© 2024 MyAiNote.com