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US-India based company 75F raises $18 million in round led by Bill Gates, Bloomberg

Shortpedia

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A US and India based company that provides energy-efficient IoT powered wireless building automation solutions, 75F, has raised $18 million Series A funding round, which was led by Breakthrough Energy ventures which were backed by a coalition of Michael Bloomberg, Jeff Bezos, and Bill Gates. The company stated that the round is the largest investment till date in the energy-efficiency technology category in the Asia Pacific region.