Argentum

Argentum, founded in 2015, aims to enhance commercial building intelligence and energy efficiency through its plug-and-play, IoT-enabled DC Micro-grid. The company's platform significantly upgrades outdated building automation and power distribution systems, driving remarkable improvements in energy performance. According to the U.S. Department of Energy, only 15% of commercial buildings in North America feature an intelligent building automation system, resulting in missing out on up to 30% in energy savings, costing commercial buildings $60 billion annually. Argentum's patented DC power distribution system further extends these savings by reducing conversion losses for LED lighting and HVAC systems. The company's plug-and-play approach automates building systems or enhances existing automation systems using real-time sensor data to optimize indoor environments for tenants and overall building energy performance. The Building IoT platform provides Direct Current (DC) power distribution, Power over Ethernet (PoE), air quality and occupancy monitoring, automation of lighting and HVAC, and more. In December 2020, Argentum secured a Seed Round investment from Sustainable Development Technology Canada. The company operates in the industries of Energy, Information Technology, Autonomous and Sensor Tech.