What is SPACECOOL?
SPACECOOL operates at the intersection of material science and climate technology, specializing in the development and distribution of radiative cooling materials. The company's core innovation leverages the physical principle of radiative cooling, which allows surfaces to dissipate heat by converting thermal energy into infrared radiation that is emitted directly into space. This process functions effectively even under direct sunlight, enabling a passive, zero-energy cooling mechanism. By integrating this technology into building envelopes and industrial infrastructure, SPACECOOL provides a scalable solution for thermal management, significantly lowering energy consumption and operational costs for enterprise-level clients seeking to meet stringent environmental, social, and governance (ESG) targets.
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, Mitsubishi HC Capital, and Sparx
Key Investors in SPACECOOL
Osaka Gas
A prominent Japanese energy supplier and multi-service provider with extensive experience in district heating and cooling infrastructure.
Mitsubishi HC Capital
A diversified financial services firm providing leasing and asset management solutions with a strong focus on environmental and industrial sectors.
Sparx
A Japanese investment banking and asset management firm focused on identifying and scaling high-potential industrial innovations.
What's next for SPACECOOL?
Following this major enterprise-level funding, SPACECOOL is expected to transition from pilot-scale validation to large-scale industrial adoption. The strategic backing from established energy and financial entities suggests a focus on supply chain integration and market expansion within the Japanese and international industrial sectors. Future growth initiatives will likely prioritize the optimization of manufacturing processes to achieve economies of scale, alongside the expansion of the company's product portfolio to address diverse climate-sensitive applications. As the global demand for sustainable cooling solutions intensifies, SPACECOOL is strategically positioned to lead the transition toward passive thermal regulation, potentially disrupting the conventional HVAC market through its unique, energy-efficient material architecture.
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