PassiveLogic has raised $74 million in Series C funding

PassiveLogic, a generative autonomy pioneer redefining building and infrastructure automation, has closed a $74 million Series C round led by noa, Europe’s largest built-world VC. New investors include Prologis Ventures, Johnson Controls, and PSP Growth, joining existing backers Addition, NVentures (NVIDIA’s venture arm), Keyframe, and Brookfield, bringing PassiveLogic’s total funding to more than $125 million.

Founded and headquartered in Salt Lake City, Utah, PassiveLogic has built a category-defining platform that extends generative AI beyond large language models into the physical world. The company’s growing ecosystem includes Hive, a real-time physics-based digital twin and control engine, Sense Nano, a wireless sensor network capturing occupancy and environmental data, and Quantum Lens, a mobile app that generates fully defined digital twins of buildings using just a smartphone.

“Buildings account for almost 40 percent of global carbon emissions, yet most are still controlled by outdated systems designed in the 1990s,” said Troy Harvey, co-founder and CEO of PassiveLogic. “With this funding, we’re accelerating the deployment of true autonomy for the built world, enabling systems that are not just more energy efficient, but fundamentally smarter, safer, and more responsive across every aspect of operations.”

Gregory Dewerpe, Founder and Managing Partner at noa, emphasized the transformative potential of the platform: “As an early investor, we’ve seen PassiveLogic’s potential to redefine automation for the physical world. Their platform isn’t just about saving energy, it’s about giving buildings the ability to understand, adapt, and act autonomously. This is the kind of foundational technology the built world has been missing.”

PassiveLogic projects the global Autonomous Buildings market to reach $1.3 trillion, significantly outpacing traditional automation at $191 billion by 2030. By merging AI with infrastructure, the company aims to reduce emissions while solidifying Utah’s reputation as a hub for next-generation automation and AI innovation, enabling buildings from hospitals and data centers to office towers to operate with real-time autonomous intelligence.

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