How Much Did Coolcore Raise?
Funding & Key Investors

Coolcore has successfully secured a significant capital injection, bringing its cumulative financial backing to $479K. This latest major strategic investment of $329K underscores the company's robust growth trajectory within the high-performance textile sector. By leveraging debt financing, the organization continues to solidify its balance sheet while scaling operations to meet the rising demand for advanced, chemical-free cooling solutions in the global apparel market.

What is Coolcore?

Coolcore
ManufacturingTextiles & Apparel

Coolcore operates at the intersection of material science and performance apparel, specializing in proprietary cooling fabrics that utilize biomimetic fiber geometry. Unlike traditional moisture-wicking textiles that often rely on chemical treatments, Coolcore's technology facilitates superior evaporative cooling, wicking, and drying through structural engineering. This sustainable approach to thermal regulation has positioned the company as a critical partner for lifestyle and athletic brands seeking to differentiate their product offerings through tangible, performance-driven innovation. By prioritizing long-term functionality and environmental responsibility, Coolcore has established a defensible market position in the competitive textile manufacturing landscape.

How much funding has Coolcore raised?

Coolcore has raised a total of $479K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$329K

Debt (2020): $150K with participation from PPP

Debt (2021): $329K led by PPP

Key Investors in Coolcore

PPP

Public-Private Partnership

What's next for Coolcore?

With this recent infusion of capital, Coolcore is well-positioned to accelerate its market penetration and expand its manufacturing capabilities. The strategic focus will likely shift toward scaling production to accommodate larger enterprise partnerships and deepening its research and development pipeline to explore new applications for its biomimetic fiber technology. As the demand for sustainable, high-performance materials continues to rise, Coolcore's ability to maintain its technological edge will be paramount. The company is expected to leverage this financial stability to optimize its supply chain and potentially explore new vertical markets, ensuring that its cooling solutions remain the industry standard for performance-oriented apparel brands worldwide.

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Frequently Asked Questions Regarding Coolcore Financial Insights

What are the most recent funding rounds that Coolcore has completed, and what were the funding rounds?
Coolcore has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Coolcore has raised to date?
Coolcore has raised a total of $479K in funding to date.
How many funding rounds has Coolcore completed?
Coolcore has completed 2 funding rounds.
How much funding did Coolcore raise in its most recent funding round?
Coolcore raised $329K in its most recent funding round.
Who are the lead investors in Coolcore's latest funding round?
The lead investor in Coolcore's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coolcore's history?
The largest funding round in Coolcore's history was $329K.
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