Tech Company Financing Transactions
Pascal Funding Round
Pascal, operating out of Cambridge, secured $8.5 million from LB Investment and KDB Industrial Bank.
Transaction Overview
Company Name
Announced On
10/22/2026
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Undisclosed
Investors
LB Investment (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support its initial deployments with a multinational beverage manufacturer as it advances its technology toward industrial-scale applications.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
750 Main St
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Pascal is developing a novel class of solid refrigerants poised to transform the heating, ventilation, and air conditioning (HVAC) industry. Pascal's solid refrigerants operate in the same pressure range as gaseous refrigerants but with zero global warming potential. This technology can unlock increased energy-efficiency at reduced system sizes, paving the way for next-generation heating and cooling solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Slavney
Chief Scientific Officer
Jarad Mason
Chief Technical Officer
Jinyoung Seo
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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