PassivSystems
Latest round
- Series A
Last raised
- Jul 2009
Total raised
- $2.2M
Investors
- 1
About PassivSystems
PassivSystems Limited is dedicated to delivering innovative smart heating solutions designed to enhance energy efficiency and comfort in homes.PassivSystems Limited, founded in 2008 in the UK, specializes in smart heating technology aimed at optimizing home heating systems. The company has undergone no notable pivots or changes in operations.58 million.PassivSystems Limited specializes in smart heating solutions, primarily through its flagship offering, the Passiv Smart Thermostat. This device optimizes home heating by learning how a home heats and cools, adjusting its operation based on local weather forecasts to maintain optimal comfort. Designed to reduce heating bills by up to 30%, the thermostat also enhances energy efficiency by increasing the Coefficient of Performance (COP) of heat pumps by 17%.20. The company is focusing on enhancing its existing products and is exploring expansion into new geographic markets, although specific regions and product timelines have not been disclosed.
Who invested in PassivSystems
1 investor across 1 round
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Funding rounds
Series A
Jul 17, 2009
Amount
$2.2M
Investors
Questions about PassivSystems
Who invested in PassivSystems?
PassivSystems has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PassivSystems raised?
PassivSystems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PassivSystems last raise money?
PassivSystems's most recent round on record is a Series A, in Jul 2009.
What does PassivSystems do?
PassivSystems Limited is dedicated to delivering innovative smart heating solutions designed to enhance energy efficiency and comfort in homes.
Where is PassivSystems headquartered?
PassivSystems is headquartered in UK.
Which VCs invest in companies like PassivSystems?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back environmental services companies at PassivSystems's stage. Their profiles are linked below.
VCs backing environmental services startups at Series A
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