What is OxiCool?
OxiCool operates at the intersection of sustainable engineering and residential climate control. The company has engineered the world's first air conditioning system that utilizes pure water as its primary refrigerant, effectively eliminating the reliance on synthetic chemicals that contribute to global warming. By integrating natural gas as a power source, OxiCool offers a dual-benefit proposition: significant energy cost reductions for homeowners and a drastically lower carbon footprint. This technological pivot addresses the long-standing inefficiencies inherent in conventional vapor-compression cycles, marking a paradigm shift in how residential cooling is conceptualized and deployed in an era of increasing environmental scrutiny.
How much funding has OxiCool raised?
OxiCool has raised a total of $1.4M across 2 funding rounds:
Series A
$1.2M
Debt
$150K
Series A (2013): $1.2M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Key Investors in OxiCool
PPP
Public-Private Partnership
Undisclosed Investor
A strategic participant in the Series A funding round, providing essential capital for early-stage development and market entry.
What's next for OxiCool?
With the recent capital deployment, OxiCool is expected to transition from its current development phase into a broader commercialization strategy. The focus will likely shift toward optimizing manufacturing processes to achieve economies of scale, thereby making their eco-friendly cooling solutions more accessible to the mass market. Strategic priorities will include expanding distribution channels and potentially pursuing partnerships with residential developers who are increasingly mandated to meet stringent energy efficiency standards. As the company matures, the emphasis will remain on proving the long-term reliability of its water-based cooling systems, a move that could redefine industry benchmarks for sustainability and operational efficiency in the HVAC sector.
See full OxiCool company page
