What is SPACECOOL?
SPACECOOL is the developer and distributor of a novel radiative cooling material also named "SPACECOOL." This advanced material achieves zero-energy cooling, even under direct sunlight, by leveraging the principles of radiative cooling. It effectively converts heat into infrared radiation and releases it into space, offering a sustainable and energy-efficient cooling solution. The company's focus on this groundbreaking technology positions it within the burgeoning cleantech and sustainable materials sectors.
How much funding has SPACECOOL raised?
SPACECOOL has raised a total of $5.8M across 1 funding round:
Series A
$5.8M
Series A (2025): $5.8M with participation from Sparx, Osaka Gas, and Mitsubishi HC Capital
Key Investors in SPACECOOL
Sparx
Sparx, a Japanese investment banking firm, likely provided strategic financial guidance and capital, leveraging its expertise in supporting growth-stage companies.
Osaka Gas
Osaka Gas, a diversified energy provider, may see SPACECOOL's radiative cooling technology as a complementary solution to its existing energy services, potentially exploring integration or co-development opportunities.
Mitsubishi HC Capital
Mitsubishi HC Capital, a prominent Japanese financial services company specializing in leasing and financing, likely contributed significant capital and financial structuring expertise to support SPACECOOL's expansion.
What's next for SPACECOOL?
The recent major strategic investment, characterized as enterprise-level funding, suggests SPACECOOL is poised for significant scaling and market penetration. This capital infusion will likely fuel further research and development, expansion of manufacturing capabilities, and broader market adoption of its radiative cooling technology. The involvement of established entities like Sparx, Osaka Gas, and Mitsubishi HC Capital indicates strong confidence in SPACECOOL's potential to disrupt traditional cooling methods and contribute to energy efficiency solutions.
See full SPACECOOL company page
