PassiveLogic Raises $74M in Series C Funding
PassiveLogic, a Salt Lake City, UT-based company which specializes in generative autonomy, raised $74M in Series C funding.
The round was led by noa, with participation from Prologis Ventures, Johnson Controls, PSP Growth, Addition, NVentures, Keyframe, and Brookfield.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Troy Harvey, PassiveLogic makes generative AI software for the built environment, enabling generative autonomy for things and universal real-time collaboration between teams by improving how them design, build, operate, maintain, and manage buildings and industrial systems as infrastructural robots. Its ecosystem includes its flagship product, Hive, which uses real-time physics-based digital twins and AI models to make independent, millisecond level decisions; Sense Nano, a wireless sensor for capturing occupancy and environmental data in real time; and Quantum Lens, a mobile app that lets users create a fully defined digital twin of any building using just a smartphone. Together, these tools support a scalable architecture that adapts seamlessly to new builds and retrofits alike across a wide range of facilities.