Pascal

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Pascal Raises $8M to Solve the HVAC Industry’s Climate Problem

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Pascal, Engine Ventures


Pascal, a startup developing high-efficiency climate-friendly heat pumps, air conditioners and refrigerators based on solid refrigerants, introduced its novel technology and announced it has raised an $8 million seed round led by Engine Ventures, with Khosla Ventures and previous investor Blindspot Ventures participating. The funding will be used to productize Pascal’s low pressure, solid refrigerant-based system, conforming to commercial HVAC specifications. The company will also use the capital to expand its Boston-based team of mechanical engineers, chemists, and material scientists.

Pascal’s novel class of solid refrigerants operate at lower pressures than previously possible and can be used across a range of HVAC applications, including heat pumps, air conditioners, refrigerators and freezers. The company believes its systems can be manufactured within the existing industrial ecosystem, using off-the-shelf parts from the conventional HVAC component supply chain. Companies operating in the commercial refrigeration supply chain, and any organization with heating and cooling needs across distributed locations can benefit from Pascal’s technology.

Read more at Business Wire