What is OxiCool?
OxiCool is a pioneering technology firm that has engineered the world's first air conditioning system utilizing pure water as its sole refrigerant. This groundbreaking technology offers a sustainable and cost-effective cooling solution for residential properties, powered by natural gas. By addressing persistent challenges within the air conditioning sector, OxiCool is committed to promoting environmental responsibility and significant energy savings for homeowners seeking efficient and eco-friendly climate control options.
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 recent major strategic investment positions OxiCool for significant scaling and market penetration. With a focus on sustainable technology and cost-efficiency, the company is poised to disrupt the traditional air conditioning market. Future growth is expected to involve expanding manufacturing capabilities, enhancing distribution networks, and further developing their water-based refrigerant technology to meet growing consumer demand for environmentally conscious home solutions.
See full OxiCool company page
