Tech Company Financing Transactions
SkyCool Systems Funding Round
Nadel and Gussman and D3 Jubilee Partners participated in a $5 million Seed funding round for SkyCool Systems. This venture round was announced on 8/9/2023.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Nadel and Gussman (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale deployments of its technology that can cool objects with no input energy, using the cool temperatures of earth's upper atmosphere.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
2444 Old Middlefield Way Unit N
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
Email Address
Overview
SkyCool was founded in 2016 on the premise that cooling systems play a large role in contributing to climate change. Additionally, as global air temperatures rise and summers become hotter, energy use for cooling will grow significantly. Our aim is to improve the efficiency of all cooling systems by harnessing an untapped renewable resource: the sky. We are dedicated to using our technology to bring efficient, climate-friendly cooling to all parts of the globe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eli Goldstein
Chief Scientific Officer
Aaswath Raman
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We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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