Tech Company Financing Transactions
Pascal Funding Round
On 5/9/2024, Pascal secured $8 million in Seed funding from Engine Ventures, blindspot and Khosla Ventures.
Transaction Overview
Company Name
Announced On
5/9/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to productize its low pressure, solid refrigerant-based system, conforming to commercial HVAC specifications, and expand its team of mechanical engineers, chemists, and material scientists.
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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