Argentum
Toronto
About Argentum
We make commercial buildings smarter and more energy efficient through a plug-and-play, IoT enabled, DC Micro-grid. Our platform augments antiquated building automation and power distribution systems, to dramatically improve energy performance. The U.S dept. of energy estimates that only 15% of commercial buildings in North America have a truly intelligent building automation system that responds to changing conditions. This lack of dynamic data collection is causing buildings to miss out on up to 30% in energy savings, costing commercial buildings in North America 60Bn USD every year. We push these savings even further with a patented DC power distribution system, which reduces conversion losses for LED lighting and HVAC systems. We take a plug and play approach to automate building systems, or to augment existing building automation systems, using real time sensor data, to optimize indoor environment for tenants, and overall building energy performance. Our Building IoT platform offers Direct Current (DC) power distribution, Power over Ethernet (PoE), air quality and occupancy monitoring, automation of lighting and HVAC, and more.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Total funding: $213.5K
- Funding stage: Seed
- Last round: Seed (Dec 2020)
- Website: argentum.ai
Industries & Categories
Electronics, Energy, Information Technology, Power Grid, Sensor
Social Profiles
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