What is Coolcore?
Coolcore specializes in advanced cooling fabrics designed for performance and lifestyle apparel. Their innovative fabrics utilize biomimetic fiber geometry to enhance cooling, wicking, and drying capabilities, outperforming traditional cooling technologies. Targeting brands looking to differentiate their products, Coolcore provides solutions that optimize evaporative cooling without relying on chemical treatments. With a commitment to sustainability and performance, Coolcore's fabrics are engineered to deliver lasting comfort and functionality. The company's focus on innovative textile technology positions it as a key player in the athleisure and performance wear markets.
How much funding has Coolcore raised?
Coolcore has raised a total of $479K across 2 funding rounds:
Debt
$150K
Debt
$329K
Debt (2020): $150K with participation from PPP
Debt (2021): $329K led by PPP
Key Investors in Coolcore
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Coolcore?
The recent strategic investment signifies a pivotal moment for Coolcore, likely enabling the company to scale its operations, expand its product development, and broaden its market reach. Given the large-scale, late-stage funding context, Coolcore is poised for significant growth, potentially exploring new applications for its cooling fabric technology or strengthening its partnerships with apparel brands. This capital infusion is expected to accelerate innovation and solidify its competitive advantage in the performance textile industry.
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