What is Phase Change Material?
Phase Change Material is recognized as a global leader in developing and implementing phase change materials for advanced temperature stabilization and energy efficiency. Their proprietary technology, including products like BioPCM, is critical for maintaining optimal thermal conditions across diverse sectors such as logistics, cold chain management, building and structures, telecommunications, and data centers. By partnering with OEMs, the company drives innovation in energy management, aiming to reduce waste and contribute to industry decarbonization.
How much funding has Phase Change Material raised?
Phase Change Material has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$815K
Debt (2020): $350K with participation from PPP
Debt (2021): $815K led by PPP
Key Investors in Phase Change Material
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Phase Change Material?
The substantial enterprise-level backing and recent strategic investment position Phase Change Material for accelerated growth and expanded market penetration. This capital infusion is expected to fuel further research and development into novel energy-saving technologies and enhance the company's capacity to serve a growing global demand for sustainable temperature control solutions. The company's focus on innovation and strategic partnerships suggests a trajectory aimed at solidifying its leadership in decarbonizing industries through advanced material science.
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