What is Cryogenx?
Cryogenx specializes in portable body cooling technology, offering a critical solution for combating heatstroke by rapidly reducing core body temperature. Their flagship product, the CGX1 device, is a backpack-portable cooling system designed for immediate deployment in emergency situations. The company targets high-risk industries including construction, military, civil defense, first responders, and professional sports, addressing the increasing prevalence of heat-related health challenges exacerbated by climate change.
How much funding has Cryogenx raised?
Cryogenx has raised a total of $1M across 1 funding round:
Other Financing Round
$1M
Other Financing Round (2024): $1M with participation from The British Design Fund
Key Investors in Cryogenx
The British Design Fund
The British Design Fund is a UK-based investment firm focused on supporting purpose-driven British product businesses. They provide not only capital but also crucial mentoring and networking opportunities to help entrepreneurs scale their innovations and accelerate growth.
What's next for Cryogenx?
With this latest major enterprise-level funding, Cryogenx is poised to scale its operations and expand the reach of its life-saving technology. The strategic investment suggests a focus on enhancing product development, increasing manufacturing capacity, and broadening market penetration within its key sectors. This capital infusion will likely accelerate Cryogenx's mission to mitigate heat-related illnesses and establish its portable cooling systems as an essential safety tool across various demanding environments.
See full Cryogenx company page
