What is OxiCool?
OxiCool stands at the forefront of HVAC innovation, having developed the world's first air conditioning system that exclusively uses pure water as its refrigerant. This groundbreaking technology offers an environmentally friendly and cost-effective cooling alternative for residential properties, notably powered by natural gas. By addressing persistent challenges within the air conditioning industry, OxiCool is committed to promoting sustainability and significant energy savings for consumers seeking efficient and eco-conscious climate control.
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
What's next for OxiCool?
The substantial enterprise-level capital OxiCool has attracted, particularly the recent strategic investment, positions the company for accelerated growth and market penetration. This financing is expected to fuel further research and development, enhance manufacturing capabilities, and expand its distribution network. OxiCool's commitment to sustainable technology and cost-efficiency, powered by its unique water-based refrigerant system, is poised to disrupt the traditional air conditioning market and capture a significant share of environmentally conscious consumers.
See full OxiCool company page
