Building Control Startup Passivelogic Inks Partnership With Nvidia, Secures $15M
Sep 20, 2022•almost 3 years ago
Amount Raised
$15 Million
Description
About five months after raising $15 million, PassiveLogic, which provides a platform to autonomously control building systems, has secured an additional $15 million in an “off-round” strategic investment from Nvidia’s venture arm, nVentures. The new cash brings PassiveLogic’s total raised to over $80 million, and CEO Troy Harvey tells TechCrunch it’ll be put toward expanding the Utah-based company’s headcount from 100 employees to 140 within the next year.
Funding Insights
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