Media

Media October 21, 2020

PassiveLogic activated $16M Series A financing

PassiveLogic, a company founded in 2016 with HQ in the Western US and 27 employees as of October 2020, creator of a platform for improving the effectiveness of buildings, has got $16M of Series A investments from Keyframe Capital, Addition, RET Ventures, A/O Proptech and NERP, reaching $19.2M of total investments from 7 investors. The platform helps to solve problems of building control installers. The new money will go for further development of its platform to reimagine the building control systems remaining unchanged for decades.