Portland HVAC startup raises $2M from Fujitsu

With a $2 million investment, an American arm of Japanese conglomerate Fujitsu Limited is boosting its partnership with a Portland heating and ventilation startup.

Fujitsu General America Inc. led a series B funding round for Ventacity Systems, which makes software and physical ventilation systems that create more efficient and easier-to-control HVAC for buildings. Including this latest infusion of capital, the company has raised $6 million since 2016.

Ventacity will use the money to hire engineering,…

Source: Arizona Business Journal