What is OxiCool?
OxiCool operates at the intersection of environmental engineering and consumer HVAC technology. The company has successfully engineered the world's first air conditioning system that utilizes pure water as its primary refrigerant, a significant departure from the synthetic chemical refrigerants that have historically dominated the industry. By integrating natural gas as a power source, OxiCool provides a dual-benefit proposition: it drastically reduces the carbon footprint associated with residential cooling while simultaneously offering a cost-effective alternative to electricity-dependent systems. This innovation addresses critical pain points in the global air conditioning market, specifically the need for sustainable, high-efficiency cooling that does not compromise on performance or reliability for the modern homeowner.
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
Undisclosed Investor
Undisclosed investor participating in the funding round.
PPP
Public-Private Partnership
What's next for OxiCool?
With the recent capital injection, OxiCool is poised to transition from its developmental phase into a broader commercial scaling strategy. The focus will likely shift toward optimizing manufacturing processes and expanding distribution channels to capture a larger share of the eco-conscious residential market. As the company continues to refine its water-based cooling architecture, it faces the strategic imperative of navigating regulatory landscapes that are increasingly favoring low-GWP (Global Warming Potential) technologies. Future growth will depend on the firm's ability to demonstrate long-term operational cost savings to consumers while maintaining the technical integrity of its unique, gas-powered cooling units in diverse climate zones.
See full OxiCool company page