75F is thrilled to announce the successful closing of a $45,000,000 funding round, a significant milestone that will fuel our mission to revolutionize the commercial building landscape through smart technology. At 75F, we design and build smart sensors and controls to create commercial environments that are not only more comfortable but also remarkably efficient. Our innovative approach combines cutting-edge hardware with robust software solutions, delivering a turnkey system that works seamlessly out of the box. This funding will enable us to accelerate the development and global deployment of our award-winning wireless IoT devices and state-of-the-art machine learning technologies, which have already been proven in independent, third-party trials to achieve industry-leading savings in HVAC energy consumption and improvements in Indoor Air Quality Management.
Our impressive track record speaks volumes: customers have experienced a dramatic 41.8 percent reduction in HVAC energy usage and a substantial decrease in carbon footprint across a variety of spaces, including offices, retail outlets, and multifamily properties. With our headquarters based in Minnesota and operational hubs in Bangalore, India and Singapore, this investment positions us perfectly to scale our technology on a global level, optimizing building performance and sustainability wherever our solutions are deployed. The new capital will primarily be used to expand our research and development efforts, enhance our product offerings, and increase market penetration in key regions. This funding not only strengthens our financial foundation but also reaffirms our commitment to transforming commercial building spaces into models of energy efficiency and environmental responsibility. Join us on this exciting journey as we continue to push the boundaries of what’s possible in smart building technology.
