Others Other Deals
Commercial cooling tech automation enabler 75F raises $45-M
Source Deepinder Singh (opens in a new tab)BW Disrupt (opens in a new tab)
Minneapolis, MN (USA)- and Bengaluru-based, IoT and AI-driven commercial HVAC (Heating, Ventilation, and Air Conditioning) automation company 75F has raised USD 45 million in a Series B funding round. This investment was led by Accurant International's Net Zero Alliance, with participation from Carrier Global Corporation, Climate Investment, Breakthrough Energy Ventures, Next47, and WIND Ventures.With over 1,800 installations across nine countries, the Deepinder Singh -founded and led 75F plans to leverage this funding to scale operations, targeting multi-site portfolios including offices and retail, school districts and municipalities, warehouses, and manufacturing.The company has an AI platform for commercial buildings called ‘Saffron AI’, which debuted in 2023.