Passivelogic Raises $15 Million From Brookfield Growth

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.