PassiveLogic, which creates digital twins of buildings, lands $34M
Summary
Troy Harvey and Jeremy Fillingim, entrepreneurs with backgrounds in hardware engineering, teamed up to found PassiveLogic with the goal of bringing autonomous controls to the building construction sector — which is worth more than $1 trillion. The Salt Lake City, Utah-based company’s software environment allows users to build models by drawing schematics and then generates a physics-based digital twin that can be deployed via PassiveLogic’s control hardware. Algorithms attempt to understand how a building’s equipment and systems interact, allowing local, in-building AI to make control and management decisions for maintenance and operations. While 3D geometry is sufficient to communicate the digital twin visually and how parts fit together, the geometric model may not be able to perform simulations of the behavior of the physical counterpart in use or operation. Augury, a startup developing sensors that attach to machines and record data that are then analyzed in the cloud, works with service companies to diagnose and optimize systems like industrial HVAC.