Fujitsu General America, Inc. Invests in Ventacity Systems
PORTLAND, Ore. – Ventacity Systems is undergoing a Series B investment by Fujitsu General America, Inc. This new investment from Fujitsu, combined with a successful Series A funding from a set of angel investors that closed earlier in 2017, brings the overall Ventacity equity funding total to over $6 million.
The funding will support sales expansion activities and product development of the recently introduced Ventacity HVAC2 Smarter Building Platform, which integrates and networks all HVAC equipment to optimize efficiency, health and comfort for the entire building or a portfolio of buildings. The platform makes buildings more efficient, smarter and healthier, reducing energy usage by 50-70 percent while delivering precise management control for optimal comfort and health. Through auto-detection based commissioning, it delivers fault-proof plug-and-play technology, reducing installation time, complexity and maintenance costs.
In December 2017, FGAI and Ventacity announced a strategic partnership which delivers a new approach to energy-efficient ventilation and HVAC solutions for commercial building projects. The joint solution allows small- and mid-sized buildings to achieve improvements in efficiency, comfort and building management by integrating FGAI’s advanced variable refrigerant flow-based solution with Ventacity’s approach to energy-efficient ventilation.
FGAI will begin to distribute an advanced, VRF-based HVAC solution in conjunction with Ventacity products and technology in January 2018.
