PassiveLogic Risk Report

🛡️ Financial & Liquidity

PassiveLogic appears to be financially stable, with several successful funding rounds over recent years, demonstrating investor confidence in the company's ability to innovate in the autonomous building industry. Such financial support will likely aid in the development and deployment of their platform.

• PassiveLogic raised $34 million in a Series B funding round 🗓 January 11, 2022.
• The company secured an additional $15 million from Brookfield Growth 🗓 April 12, 2022.
• PassiveLogic announced a partnership with Nvidia and secured $15 million in funding 🗓 September 20, 2022.
• Another funding round resulted in $16 million for smart building system designs 🗓 October 13, 2020.

📜 Innovation & R&D

PassiveLogic is a front-runner in the development of autonomous building systems, consistently partnering with technology leaders and securing significant funding to bolster its innovative initiatives. Their focus on AI-powered solutions indicates a commitment to transforming the smart building industry.

• On 🗓 February 7, 2023, PassiveLogic announced three industry firsts enabling full building lifecycle autonomy.
• PassiveLogic and Nvidia teamed up to enhance integration for autonomous buildings 🗓 September 20, 2022.
• The company's efforts in AI for autonomous buildings were highlighted as a path to net-zero 🗓 March 21, 2022.

🏅 Awards & Recognition

PassiveLogic has gained recognition within the industry, standing out for its advancements in artificial intelligence and autonomous technologies. Such acknowledgment is a testament to its role as a leader in this niche market.

• PassiveLogic received the 2024 Artificial Intelligence Breakthrough Award 🗓 June 26, 2024, highlighting their leadership in tech integration within the building sector.