What is Coolcore?
Coolcore distinguishes itself in the textile industry by developing innovative cooling fabrics that leverage biomimetic fiber geometry. These advanced materials enhance cooling, wicking, and drying capabilities, offering superior performance compared to conventional cooling technologies. The company targets apparel brands seeking to differentiate their product lines by providing chemical-free solutions that optimize evaporative cooling. Coolcore's commitment to sustainability and high performance is reflected in its fabric engineering, designed for enduring comfort and functionality.
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
PPP
Public-Private Partnership
What's next for Coolcore?
The substantial late-stage funding indicates Coolcore is poised for significant scaling and market penetration. This capital infusion is expected to fuel further research and development into next-generation cooling technologies, potentially expanding the application of their unique fabric solutions into new markets or product categories. Strategic partnerships and brand collaborations are likely to be a key focus, leveraging the recent investment to solidify Coolcore's competitive advantage and accelerate its growth trajectory in the performance apparel sector.
See full Coolcore company page
