What is Frostmed?
Frostmed specializes in advanced cooling technology designed to maintain precise temperatures for extended periods. Their devices offer capabilities such as setting and maintaining temperatures from -5°C to ambient, and providing refrigeration for up to 24 hours on a single charge. The technology is enhanced with Bluetooth connectivity for user-friendly control via smartphones and tablets, enabling temperature logging and reporting through the FrostMed app. This focus on reliable, long-duration cooling solutions addresses critical needs in various sectors requiring temperature-sensitive storage or operation.
How much funding has Frostmed raised?
Frostmed has raised a total of $10K across 1 funding round:
Debt
$10K
Debt (2021): $10K with participation from PPP
What's next for Frostmed?
As Frostmed operates within a Series A/B growth stage, the recent capital infusion is expected to accelerate its expansion and product development initiatives. The company's emphasis on technological innovation, including smart device integration and robust temperature management, suggests a strategic focus on capturing market share in specialized cooling applications. Future growth may involve scaling manufacturing, enhancing distribution networks, and further research into next-generation cooling systems.
See full Frostmed company page
