What is SPACECOOL?
SPACECOOL is at the forefront of developing and distributing a novel radiative cooling material, also branded as "SPACECOOL." This advanced material achieves zero-energy cooling, even under direct sunlight, by leveraging the principles of radiative cooling. It effectively converts thermal energy into infrared radiation, which is then released into the vastness of space. This breakthrough technology positions SPACECOOL as a key player in sustainable cooling solutions, offering an energy-efficient alternative to traditional cooling methods.
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 Osaka Gas, Sparx, and Mitsubishi HC Capital
Key Investors in SPACECOOL
Osaka Gas
Osaka Gas, a major Japanese energy supplier with a diversified portfolio including natural gas and district heating/cooling, likely sees SPACECOOL's technology as a strategic fit for expanding its sustainable energy solutions and potentially integrating advanced cooling into its existing infrastructure.
Sparx
Sparx, operating within the investment banking sector, has provided backing to SPACECOOL, indicating confidence in the company's market potential and financial viability as it moves through its growth stages.
Mitsubishi HC Capital
Mitsubishi HC Capital, a prominent Japanese financial services company specializing in leasing and financing solutions across various industries, offers significant financial expertise and resources that can support SPACECOOL's scaling and market expansion efforts.
What's next for SPACECOOL?
The substantial enterprise-level funding, particularly the recent Series A investment, signals a critical growth phase for SPACECOOL. This capital injection is expected to fuel the company's expansion, likely focusing on scaling production capabilities, enhancing research and development for further material optimization, and broadening market penetration. Strategic partnerships, such as the one with Osaka Gas, suggest a focus on integrating their cooling solutions into larger energy and infrastructure projects, potentially accelerating the adoption of their eco-friendly technology across various industries.
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