Daikin Invests in U.S. Company Locix for Acceleration of AC Solutions Business

Daikin Industries, Ltd. announces that it has recently underwritten approximately 2 million U.S. dollars (approximately 216 million yen) for a capital increase through third-party allocation by Silicon Valley-based startup Locix, Inc. Locix employs spatial intelligence solutions that use a combination of indoor positioning technology, advanced AI, and Wi-Fi to acquire and analyze location, as well as spatial and visual data, to enable actionable insights. The data is subsequently utilized to provide automated decision making for critical services.