SolCold News
8 articles
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Israeli startup harnessing sun's rays for cooling tech touts new Volkswagen deal
SolCold, an Israeli startup that has developed an eco-friendly cooling technology, has partnered with Volkswagen to test its product and jointly develop a concept vehicle. The technology uses the suns rays to bring down temperatures in buildings, cars, and containers. SolColds product was able to bring down temperatures by 12-14 °C compared to a control vehicle. The partnership with Volkswagen could lead to the integration of SolColds technology in new vehicles. SolCold is also working on developing a cooling paint for commercial and residential buildings. The company has raised over $5 million in funding and is currently raising more for its Series B round. SolCold employs 10 people and plans to expand its business and establish a global presence.
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growth-positive
This Startup Harnesses the Power of the Sun to Make Things Cool
SolCold, an Israeli startup, uses nanotechnology to create a coating material that uses sunlight to provide a cooling effect. The companys technology can be applied to various products, including cars, buildings, planes, clothing items, and electronic devices. SolCold is currently conducting final testing and expects its products to hit the market in early 2021. The company has raised $4.25 million to date and employs a team of 10 people.
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Israeli startup seeks to cool your home using sunlight
SolCold, an Israeli company, is developing a special paint based on nanotechnology that uses sunlight to create a cooling effect. The material absorbs sunlight and then reflects it at higher wavelengths, which lowers the temperature. The company recently raised $3.5 million from the Singapore investment fund Chartered Group and has received previous funding from crowdfunding and the Gad Zeevi group. SolCold aims to demonstrate its product in partnership with vehicle and aviation companies and launch commercial production. The companys vision is for the material to become a standard for vehicle and building roofs, reducing global warming. Other companies, such as Skycoool and Radi-Cool, are also working on similar cooling technologies.
CustomersInvestment
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Israeli start-up raises 549,000 USD for cooling material against sun rays
Israeli start-up SolCold has raised $549,000 in a crowdfunding campaign on the Israeli platform ExitValley. The company has developed a nanotechnological coating material that produces a cooling effect under sunlight. The material converts its internal heat into light, resulting in a temperature lower than the ambient temperature. It can be used to cool various objects, including buildings, cars, airplanes, and even spaceships. The technology is 100% green and does not require electricity or moving parts. The funding raised will contribute to the companys growth.
Investment
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New paint transforms sun's rays into cool air-conditioning
Israeli high-tech paint company SolCold has developed a double-layered coating that uses the suns power to activate a cooling mechanism, providing air conditioning without electricity. The company is raising funds and plans to begin trials within 18 months. SolCold has received hundreds of inquiries regarding orders and distribution rights, estimated to be worth around $100 million, from various countries. The product has generated interest for coating a wide range of surfaces, from chicken coops to cargo ships. SolColds technology has the potential to decrease electricity consumption by up to 60% and is expected to last for 10 to 15 years. The company aims to offer an affordable product with a quick return on investment.
CustomersInvestment
growth-positive
Paint that cools when exposed to sunlight could help us on Earth and in space
CoolSolCold, an Israeli company, has developed a paint that can cool buildings without using electricity. The paint, when applied to roofs, is activated by the sun and works by absorbing and re-emitting heat as light. This innovative technology can actively cool buildings, reducing the need for air conditioning units and saving energy costs. It also has potential applications in space equipment to prevent heating caused by the lack of air. The companys growth prospects are positive as this technology offers energy-efficient solutions for cooling urban centers and space exploration. The article mentions the use of white cooling paint in Los Angeles and a hydrogen fuel-generating paint developed in Australia. The date of the event described in the article is not provided.
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Light-filtering paint cools your home when exposed to hot sun
